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Ontheroad · M
Many people aren't overly bright, but the faats are there. Things are a changin' and the sooner people wise up, the sooner we can do something about it.
We can't stop it, never could, but we can sure stop making it worse.
We can't stop it, never could, but we can sure stop making it worse.
JimboSaturn · 51-55, M
If you are a farmer where I am, you know things are changing.
ElwoodBlues · M
Flood insurance rates skyrocket for Florida homeowners
Dec 26, 2023
The federal government subsidizes flood insurance, because if it didn’t, many working-class families could not afford to buy it and would face the risk of losing their homes in a flood.
. . .
across the Tampa Bay area and much of Florida, it is substantially raising rates for most – on average more than doubling costs.
"Sometimes it’s as much as four times higher," said Ed Kearns of the First Street Foundation. "It is a wakeup call as reform is being brought to the national insurance program," said Kearns.
On average, Hillsborough homeowners are paying $1,400 more a year when they renew their flood policies. In Pinellas, rates are up $1,700 more per year on average.
https://www.fox13news.com/news/flood-insurance-rates-skyrocket-for-florida-homeownersDec 26, 2023
The federal government subsidizes flood insurance, because if it didn’t, many working-class families could not afford to buy it and would face the risk of losing their homes in a flood.
. . .
across the Tampa Bay area and much of Florida, it is substantially raising rates for most – on average more than doubling costs.
"Sometimes it’s as much as four times higher," said Ed Kearns of the First Street Foundation. "It is a wakeup call as reform is being brought to the national insurance program," said Kearns.
On average, Hillsborough homeowners are paying $1,400 more a year when they renew their flood policies. In Pinellas, rates are up $1,700 more per year on average.
Florida’s home insurance rates rising faster than any state
And climate change is also bringing more powerful storms; thus more wind damage. Especially in Florida.