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Originally Posted by justjim
Exactly, the way insurance companies work. When they had to payout millions for hurracines several years ago, they raised rates, deductibles, and some pulled out of Florida entirely. These "acts of God" can cost millions in profits for an insurance company. Flood insurance has to be provided by the Federal Government.
You have to wonder just how much fraud there really was with sinkhole insurance. Remember how much power the insurance lobby has in this country.
OP, is correct about the Politicans-----but do they have the "will" to do anything about sinkhole coverage in Florida. It needs careful attention.
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Do a Google search on Pasco county FL sinkhole fraud...........you will be surprised.
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