Talk of The Villages Florida - View Single Post - More evidence that Florida’s home insurance system is completely broken?
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Old 03-13-2023, 11:49 AM
jimjamuser jimjamuser is offline
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Originally Posted by TheWarriors View Post
Is the solution the insurance companies need to raise rates to actually be able to cover losses while still making a profit? Are you willing to pay more for this coverage? And if the insurance companies are making money hand over fist, why are so many vacating the business. As home values have soared, so have repair costs and rates likely have not kept up with values. We either pay more up front or have to argue when it’s claim time. And anyone here who thinks rates are high enough to make a profit should start an insurance company we can all utilize and save on our current insurance rates.
Village people getting together and SELF-INSURING might just be a good idea and work well. I would support that. We just need some EMPATHETIC insurance expert to STEP-UP.