Originally Posted by Babubhat (Post 2291633)

A roof near end of useful life will likely result in a major claim. They are not going to accept a third party opinion, nor should they. They are on the hook, not an inspector. No one can precisely predict when it will fail, too many variables so they will be conservative.

InterNACHI's Estimated Life Expectancy Chart for Florida Homes

Asphalt Shingles (3-tab)
10 to 12
Asphalt (architectural) 15 to 20


However, keep in mind that the harsh climate in Florida, including hurricanes, heavy rain, high humidity, and intense sun exposure, can cause wear and tear on roofs and shorten their lifespan

Originally Posted by CoachKandSportsguy (Post 2291311)

State Farm sees large losses in 2023

Not a good scenario . . .

Originally Posted by tophcfa (Post 2291375)

We have bigger issues, we have Farmers, who is pulling out of Florida entirely and has already informed us they won’t renew our policy next fall. We also have a 17 year old roof, on a 28 year old home, that insurance Companies want nothing to do with. We’re getting the roof replaced later this winter and will have to find a new insurance company later in 2024. Not something I’m looking forward to.

Originally Posted by Babubhat (Post 2291328)

Just renewed multiple policies. Minimal increase. Non event

Originally Posted by CoachKandSportsguy (Post 2291311)

State Farm sees large losses in 2023

Not a good scenario . . .

Originally Posted by badkarma318 (Post 2291643)

Florida insurance regulators just approved 6 new companies to begin writing property insurance policies in the state starting in 2024.

Originally Posted by Snowbug (Post 2291760)

I recommend Nathan Thomas State Farm in Wildwood. We have our home, 2 cars and golf cart there.

Originally Posted by Babubhat (Post 2291898)

Insurance industry news says expect 20 percent auto increases. Not unique to SF.

And insurance rates will probably keep on rising, propelled by higher costs of replacement parts and repairs, Bloomberg Intelligence analysts said last month.

Originally Posted by CoachKandSportsguy (Post 2291311)

State Farm sees large losses in 2023

Not a good scenario . . .

Originally Posted by Flyers999 (Post 2292060)

One problem with that (and this was the situation with the northern city I'm from) Who are those that dont have auto insurance? Low income, right? Ins. Companies realize that they
are more likely to sue each other. So forcing everyone to buy auto ins. might raise everyone's rates.

Originally Posted by Michael G. (Post 2292190)

State isn't going anywhere.
Just another media b.s. to tell chicken little the sky is following.