Article on why auto insurance is so high in Florida.

[Rainger99]

I was aware of the roofing scam - but not of the windshield scam.

Although it looks like the legislature has done something to solve the problem.

I thought it was interesting that only 20 lawyers file 96 percent of the glass lawsuits in Florida!

How Florida's 'unscrupulous' auto glass shops fuel an insurance crisis (https://finance.yahoo.com/news/floridas-unscrupulous-auto-glass-shops-194554351.html)

[OrangeBlossomBaby]

From that article:
The lawsuits have been inflaming an already bleak auto insurance market in Florida - a state whose average auto insurance premium of $2,560 is the highest in the country.

I just got my notice that my premium is due. According to Allstate, my TWO cars have a total premium of under $1600 for the year ($792.30 for 6 months). That's two cars, combined, not per vehicle.

No idea what kind of cars people are driving or what their driving records are, that they have to pay over $2500 a year for just one car. That's nuts.

[Rainger99]

From that article:


I just got my notice that my premium is due. According to Allstate, my TWO cars have a total premium of under $1600 for the year ($792.30 for 6 months). That's two cars, combined, not per vehicle.

No idea what kind of cars people are driving or what their driving records are, that they have to pay over $2500 a year for just one car. That's nuts.

A lot depends on the coverage and the deductible. When I renewed this year, I could have gotten very cheap insurance if I had just insured for the minimum and taken high deductibles.

[Altavia]

Our maybe focus should be placed on reducing the causes of windshield damage like gravel flying off uncovered dump trucks or rocks flung from pickups with dually wheels without mud flaps...

[Pairadocs]

our maybe focus should be placed on reducing the causes of windshield damage like gravel flying off uncovered dump trucks or rocks flung from pickups with dually wheels without mud flaps...

right on !

[Two Bills]

I would hazard that the rise in car insurance premiums, apart from spurious claims, is the God awful driving that seems endemic in Florida.

[Rainger99]

I would hazard that the rise in car insurance premiums, apart from spurious claims, is the God awful driving that seems endemic in Florida.

We should start a roundabout thread.

[Two Bills]

We should start a roundabout thread.

I am round about played out on that subject!:icon_wink:

[dhdallas]

I am round about played out on that subject!:icon_wink:

I saw Yes play Roundabout in Erie, PA in 1972. We got in backstage with the band before the doors opened.

[kkingston57]

From that article:


I just got my notice that my premium is due. According to Allstate, my TWO cars have a total premium of under $1600 for the year ($792.30 for 6 months). That's two cars, combined, not per vehicle.

No idea what kind of cars people are driving or what their driving records are, that they have to pay over $2500 a year for just one car. That's nuts.

Rates are more contingent upon limits, deductible amounts and type of car. Clearly someone who has high liability limits and an expansive car to repair are going to pay more.

[kkingston57]

Our maybe focus should be placed on reducing the causes of windshield damage like gravel flying off uncovered dump trucks or rocks flung from pickups with dually wheels without mud flaps...

Florida does have a lesser percentage of windshield claims than rest of US>Auto glass stores love ice storms. Probably account for <1% of all claim $$$s,

[Rainger99]

Florida does have a lesser percentage of windshield claims than rest of US>Auto glass stores love ice storms. Probably account for <1% of all claim $$$s,

They may have fewer claims but how does Florida rank in payouts?

There are two variables that you need to know - number of claims and the amount paid out per claim.

If one state has 100 claims and the payout is $250 per claim, that is $25,000.

If another state has 25 claims and the payout is $2000 per claim, that is $50,000.

[billethkid]

It's the Newlin, Morgan & Morgan effect.

_______________________________________________

:censored:

[Altavia]

They may have fewer claims but how does Florida rank in payouts?

There are two variables that you need to know - number of claims and the amount paid out per claim.

If one state has 100 claims and the payout is $250 per claim, that is $25,000.

If another state has 25 claims and the payout is $2000 per claim, that is $50,000.

Exactly, using Safelite through my insurance brought a $1,800 dealer estimate down to $560.

[kkingston57]

They may have fewer claims but how does Florida rank in payouts?

There are two variables that you need to know - number of claims and the amount paid out per claim.

If one state has 100 claims and the payout is $250 per claim, that is $25,000.

If another state has 25 claims and the payout is $2000 per claim, that is $50,000.



Was in the biz. Florida does have lower costs on normal windshield claims. Scammers developed a way to get insurance companies to pay more than the going rate and if they disagreed on the price, the scammer would file suit and if insurance company lost the suit, insurance company would have to pay legal fees. UNDER recent law this loophole has is not the current law.