38 years in Insurance Claims…. The largest cost to insurance companies is law suites many of which are unwarranted. We need tort reform! Second the HO policies in FL need to have limitations on things like roofing… it should not be replacement cost it needs to be actual cash value ACV where your roof is depreciated based on age and condition. It may come to placing maximum limits on policies in order to keep costs down and companies willing to sell insurance here in FL. The National Flood policy placed limits on the amount you can collect many years ago.
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