Talk of The Villages Florida - View Single Post - Insurance probably going up
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Old 09-28-2024, 03:57 PM
kkingston57 kkingston57 is offline
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Quote:
Originally Posted by Flyers999 View Post
Maybe, maybe not. Helene looks like another Idalia to me. A Cat 4 that hit the big bend area. Idalia estimates were around $3.5 billion damage, although that figure wasn't just the Florida damage. This is a low figure compared to other storms through the years.

The Big Bend area of Florida is known for its vast woodlands and marshlands and its low population density relative to much of the state. It would be one of the cheapest areas of Florida to restore. Before Helene hit, they interviewed several people from Cedar Key, FL on the Weather channel and some said that homeowner's insurance was too expensive and they didn't have any. So, we'll save money there.
Most of the bad damage was caused by flood and suspect that the homeowners insurance claims will be a lot less. If storm hit Tampa big $$$ difference