Before you buy the Florida hype
Florida's insurance market, which has been unstable since the 90s, has grown even more volatile in recent years. According to industry estimates, the average price of homeowners' insurance premiums has more than doubled since DeSantis took office in 2019, and more than a dozen insurers have become insolvent in the state during that time. Earlier this month, Farmers Insurance announced that it would end its home and auto coverage in Florida entirely.
A recent study put Florida at the top of the list for the most expensive home insurance in the country.
All of this, according to Ron himself, will “normalize after hurricane season.” This from a guy who’s received millions of dollars from insurance stakeholders as he has overseen massive giveaways to the insurance industry.
All of which creates a state of uninsured drivers, hit-and-runs and dilapidated homes and storefronts there was no insurance to repair from that fire or flood or robbery. All of which encourages a thriving industry of bus bench lawyers and dreams of instant payouts. We’re the original state of “I’ll pay you when I get my tax refund.” Low rent.
A recent study put Florida at the top of the list for the most expensive home insurance in the country.
All of this, according to Ron himself, will “normalize after hurricane season.” This from a guy who’s received millions of dollars from insurance stakeholders as he has overseen massive giveaways to the insurance industry.
All of which creates a state of uninsured drivers, hit-and-runs and dilapidated homes and storefronts there was no insurance to repair from that fire or flood or robbery. All of which encourages a thriving industry of bus bench lawyers and dreams of instant payouts. We’re the original state of “I’ll pay you when I get my tax refund.” Low rent.
