Quote:
Originally Posted by jebartle
Surely to goodness, Florida must have an insurer that will allow roofs older than 15 to be insured.
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Insurance is Ponzi scheme. Or like illegal mafia lottery. Lots of money in and pay little out. When they have to pay out a lot money from roofing scams then politicians are lobbied, palms gets greased, rules are put in place, and cash flow comes back with little pay out back to normal. They will use several excuses why rate going up, but anybody with conscious thought can figure it out why. You can bet on one thing insurance and taxes will NEVER go down in long run. Anybody in insurance industry will flat out tell you this isn’t true while looking at the cash flow coming in with smirk on their face.