Talk of The Villages Florida - View Single Post - Hurricanes and Insurance
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Old 05-13-2014, 05:13 PM
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Carl in Tampa Carl in Tampa is offline
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Quote:
Originally Posted by BogeyBoy View Post
Eight of the 10 most expensive
hurricanes ever to make landfall in
U.S. history have had at least some affect
on Florida, causing in excess of $60 billion
(constant 2005 dollars) in insured losses
(hurricanes Andrew 1992, Charley, Frances,
Ivan and Jeanne in 2004, and Katrina,
Rita, and Wilma in 2005).
At the same time, no hurricane has made landfall in Tampa Bay in ninety-three years.

In addition, my home is located on a high inland ridge where emergency relocation shelters are located, far from tidal surge areas.

Shouldn't actuarial tables take this into account when setting insurance rates on my Tampa home?
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