Quote:
Originally Posted by FredMitchell
Why wouldn't insurance rates go up every year, regardless of whether this year had a hurricane? Insurance companies have employees who have to eat, drive, and pay taxes, and live in homes where prices keep rising, just like every other business.
Somebody is going to have to pay our social security payments. The payout is based on increasing population and increasing taxable income. Your payments went to your parents.
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Increasing population????? Maybe we have passed the point where that is advantageous. More people in the major countries means more pollution and more warm Oceans - therefore MORE hurricanes, which will cause MORE DAMAGE and drive insurance costs up and insurance companies will keep leaving Florida.