"We've never made a claim"?!?! what kind of nonsnse is that. You allowed some company to make claims on your behalf because you didn't read the fine print. I'm not sticking up for insurance companies, but where's the accountability on the consumer as well. Don't just sign things away.
Yes, she messed up and doesn’t know she messed up. The market will resolve this issue soon. Risk takers will self insure and the gambit is set: bad hurricane season gets a win for insurance companies, gentle season gets a win for risk takers. Then we wait for next season and do it again.
I can see what you mean but if something happens to your home and you don’t have homeowners insurance you will not get a check to cover the cost of your house
Might as well self-insure. A treat completely destroyed my condo and the mice and rats that got in there due to the tree opening everything up and I imagine the roofers had something to do with that too. Mice and rats destroyed all my cabinets and the water destroyed my belongings. It's not worth it and premiums continue to rise. Companies paid zero on repairs to my home for 3 and 1/2 years. Who makes all the money? The insurance companies and the insurance lawyers. We end up with minimal and at retirement age what the hell are you going to do? Hopeless situation. No family or friends give a damn. I'm going to end up homeless
Is call - Home Maintance and Repair Savings Account with Cash Value . It already happens in the Health Insurance Industry ; it could happen here in the Housing sector . Remember : HomeInsurance is to protect the Bank collateral ... not the Homeowner . If the banks already get PMI insurance in case of default , they also want the collateral to be in good shape to sell at a huge gain for them .
You should do a story on flood insurance I live in Naples and the property that I did own was on the water and it went from $4000 to over $12000 a year
Absolutely should be based on risk factor. ON THE WATER means you can afford to mitigate your own risk. NEVER should water front, high priced properties be subsidized by tax payers.
I had to get a flood policy because FEMA rezoned, in addition to my homeowners insurance increasing over 25% two years in a row It’s terrible what’s this is costing homeowners
@@arielmatinez no. I'm not a victim. I worked hard and smart for everything I have. The real people you should feel sorry for are the ignorant jealous ones driving their 70k pick ups w lift kits who make a house payment every month. Life's full of ignorance
@@Shaqlife Interesting. Now put yourself in the insurers shoes. Replacement costs are going up, and Brandon ain't helping things. Losing money on claims ain't gonna keep you in business, and without insurance, homes aren't gonna get mortgages.
Insurance Copanies hire shoddy contractors, they hired two (2) for me, I declined both, stand and lie in my face then expect to work in my home, NO WAY!
The question is, “ how can we fix the system? With inflation, HOA requirements and government regulations someone will pay the costs. They don’t just vanish into thin air and if we want true Justice we can’t always just punish “ rich” people or they ,like the Ins. Companies will fold or move out of this hurricane blessed state. We all chose to move or stay here so what do you do? More are moving here all of the time eyes wide open as well.
I dont see how they can now. I mean you know anywhere along the beach is gonna get pummeled by a hurricane every few years. Its silly that the rest of the country keeps having to subsidize their insurance to keep rebuilding where you know its just gonna get destroyed again a few years later. Boggles the mind.....
What state should people move to seems like America is going to hell gas food homes and these rip off insurance companies is causing people to sell or foreclosure its getting hard to survive unless you are rich
@deloresdeal5239 Well when it comes to home insurance just about any state would be better than Florida. Since 1851 it has had 40.4% of all US hurricanes make landfall there. The 2nd worst, Texas, is nowhere near as bad with 22.22% of all US hurricanes making landfall there. With climate change making storms more frequent and stronger America will have to eventually confront the fact that we've built up a stock of insufficiently sturdy housing in overly dangerous areas that cost too much to keep fixing even with the implicit government subsidies from FEMA and other federal financial assistance after each disaster.
@@laurens.2503 Yeah, it has allot to do with it. An underwriter looks at the claim history and realizes that this woman just hustled a new roof and worked with a scam to do it. SHE IS NOT A VICTIM - SHE's part of the cause.
@@richralston4194 I wanted something checked out at my house. Inspector came from my hone owners insurance. Said I needed 2 walls replaced in the living room and new carpeting due to couple of drips from my air conditioner. The only water drops you could see was on the wood your carpet is attached to. Wanted to check my roof. Said I needed a new roof. He opened up 2 claims. The roof got done after months of heartache. 2 walls and carpeting were bogus. I voided their check and never had that work done.
doubled. mine went from 2,011 to 4,028. If a democrat was the governor they would be getting the blame. But its Desantis so know one complains. Even though it's not necessarily the governors fault. Or is it? special interest groups? I don't know
I still blame democrats. But seriously when it comes to a hurricane and flood plagued state it’s hard to blame anyone if there is no true gouging going on. The only caveat is if inflation causes material cost upswings. That would be a government policy issue. So pick your party of choice.
People who have complained about the cost of renting should see this video. I have two rentals in North Florida and one just went from $700 to $2200 and it just had a new roof installed. I know the other rental will be going up when it's due
That sounds like you increased your rate to keep up with the going rise, not because $2200 is required. It's all a form of greed. I have a home I rented for $1000. I now rent it for $1300. The increase covers the monthly insurance. I could charge more because houses in the area has tripled in price, but I'm not following what other land lord's are doing to become rich.
Sadly , these problems will only get worse . Most of Florida's Real Estate has skyrocketed in Value . Especially along Florida's vulnerable & very populated Coastlines . Causing many Insurance companies to bail on the State or go Bankrupt . Leaving the remaining insurance companies very nervous about the upcoming Hurricane Season .
I mean.... Insurance only works if they dont ALWAYS have to pay out on every policy. Insurance exists to spread risk around. I actually dont even see how they can still offer insurance on some properties in Florida. Its not a question of IF something is going to basically destroy the property, but WHEN.
Yes, lets talk about roof issues shall we. Shingles are built with 20-30 year lives. In those 30 years a roof is subject to "normal wear". That should be subject to normal inspections, normal repairs, and normal re-inspection. Yet these companies are summarily dropping people. I had 2 properties dropped at the 15 year mark.
@@RB-gt8bf Yer funny. Wrong, but still funny. Blue state refugees ain't flooding into the land of sunshine cuz their so happy with the Gulag governments they fled.
@@bugwar5545 some people are not worth the time. Leave them on the side of road muttering to themselves. Perfect use of a mute button especially when they go to insults of other groups because they lack a good factual explanation and live in fear of others whom they perceive are different.
Insurance is a major part of my life! Would rather face a a disaster with insurance than without! Yes I pay the premiums but I know that is a disaster, I have protection! I would survive!
Good luck. Insurance companies will ALWAYS try to find a way out of their lawful obligations to pay for a new house or other high value item.... Even if you've been a loyal and paying customer with no claims for 40 years.
@@Kevin-zf9jh Yep, removing face diapers, censorship, and the right to murder babies. I can think of many things the Governor fails at, but taking care of the citizens ain't one of them.
Any time a state passes legislation that is unfriendly to underwriters premiums will go up. Yes FL citizens- you wanted to be a matching state and here is the price tag.
Ppl love desantis but does he do anything to help Floridians no all he does is focus on race and sexuality which only hurts his constituents. I don’t understand how you guys back him when he doesn’t da anything to stop price gouging
I agree. He hasn't done anything for Florida and the laws that were passed were for the insurance companies. Plus allowing these companies do screw clients
Add to that the fact that insurance companies and real estate companies use a good chunk of their revenue to contribute to the political campaigns, especially republican ones...🫤
"We've never made a claim"?!?! what kind of nonsnse is that. You allowed some company to make claims on your behalf because you didn't read the fine print. I'm not sticking up for insurance companies, but where's the accountability on the consumer as well. Don't just sign things away.
That was my thought as well. She still doesn't understand what she signed away.
I was thinking the same thing...
Yes, she messed up and doesn’t know she messed up. The market will resolve this issue soon. Risk takers will self insure and the gambit is set: bad hurricane season gets a win for insurance companies, gentle season gets a win for risk takers. Then we wait for next season and do it again.
At this point it seems more beneficial to cut home insurance completely and invest that money. Might as well just insure yourself.
I can see what you mean but if something happens to your home and you don’t have homeowners insurance you will not get a check to cover the cost of your house
@@Shaqlife most people are under insured with the value of the homes rising so they wouldn’t get a check to cover those costs you mention anyway.
Might as well self-insure. A treat completely destroyed my condo and the mice and rats that got in there due to the tree opening everything up and I imagine the roofers had something to do with that too. Mice and rats destroyed all my cabinets and the water destroyed my belongings. It's not worth it and premiums continue to rise. Companies paid zero on repairs to my home for 3 and 1/2 years. Who makes all the money? The insurance companies and the insurance lawyers. We end up with minimal and at retirement age what the hell are you going to do? Hopeless situation. No family or friends give a damn. I'm going to end up homeless
Is call - Home Maintance and Repair Savings Account with Cash Value .
It already happens in the Health Insurance Industry ; it could happen here in the Housing sector .
Remember : HomeInsurance is to protect the Bank collateral ... not the Homeowner .
If the banks already get PMI insurance in case of default , they also want the collateral to be in good shape to sell at a huge gain for them .
@@Shaqlife the real money is in the land not the house.
There is no competition. Citizens and others are SOAKING the homeowners.
Very True!!
You live in Florida u need to pay. Hurricane? Or move out of florida
BS
You should do a story on flood insurance I live in Naples and the property that I did own was on the water and it went from $4000 to over $12000 a year
Absolutely should be based on risk factor. ON THE WATER means you can afford to mitigate your own risk. NEVER should water front, high priced properties be subsidized by tax payers.
I had to get a flood policy because FEMA rezoned, in addition to my homeowners insurance increasing over 25% two years in a row
It’s terrible what’s this is costing homeowners
@@arielmatinez no. I'm not a victim. I worked hard and smart for everything I have. The real people you should feel sorry for are the ignorant jealous ones driving their 70k pick ups w lift kits who make a house payment every month. Life's full of ignorance
@@Shaqlife Interesting.
Now put yourself in the insurers shoes.
Replacement costs are going up, and Brandon ain't helping things.
Losing money on claims ain't gonna keep you in business, and without insurance, homes aren't gonna get mortgages.
Insurance Copanies hire shoddy contractors, they hired two (2) for me, I declined both, stand and lie in my face then expect to work in my home, NO WAY!
Companies cannot continue to profit at 1000%. Insurance can have losses. They have the ability when they are losing to still profit. Which is garbage.
The question is, “ how can we fix the system? With inflation, HOA requirements and government regulations someone will pay the costs. They don’t just vanish into thin air and if we want true Justice we can’t always just punish “ rich” people or they ,like the Ins. Companies will fold or move out of this hurricane blessed state. We all chose to move or stay here so what do you do? More are moving here all of the time eyes wide open as well.
This is awful, soon people are not going to be able to own a home here.
I dont see how they can now. I mean you know anywhere along the beach is gonna get pummeled by a hurricane every few years. Its silly that the rest of the country keeps having to subsidize their insurance to keep rebuilding where you know its just gonna get destroyed again a few years later. Boggles the mind.....
What state should people move to seems like America is going to hell gas food homes and these rip off insurance companies is causing people to sell or foreclosure its getting hard to survive unless you are rich
@deloresdeal5239 Well when it comes to home insurance just about any state would be better than Florida. Since 1851 it has had 40.4% of all US hurricanes make landfall there. The 2nd worst, Texas, is nowhere near as bad with 22.22% of all US hurricanes making landfall there. With climate change making storms more frequent and stronger America will have to eventually confront the fact that we've built up a stock of insufficiently sturdy housing in overly dangerous areas that cost too much to keep fixing even with the implicit government subsidies from FEMA and other federal financial assistance after each disaster.
Three causes listed yet the profits of insurance co are sky high.
Never filed a claim? But she signed paperwork allowing a 3rd party entity to overcharge her insurance company for roof repairs.
Has nothing to do with it. Everyone's homeowner insurance is going up. Mine too. SUCKS
I was commenting on her particularly.
Heck my went up about $400 for 2021-2022 (I live in Dade City FL).
@@laurens.2503 Yeah, it has allot to do with it. An underwriter looks at the claim history and realizes that this woman just hustled a new roof and worked with a scam to do it. SHE IS NOT A VICTIM - SHE's part of the cause.
@@richralston4194 I wanted something checked out at my house. Inspector came from my hone owners insurance. Said I needed 2 walls replaced in the living room and new carpeting due to couple of drips from my air conditioner. The only water drops you could see was on the wood your carpet is attached to. Wanted to check my roof. Said I needed a new roof. He opened up 2 claims. The roof got done after months of heartache. 2 walls and carpeting were bogus. I voided their check and never had that work done.
That it what happens when Republicans write all the insurance rules
Come to California and enjoy the beautiful 🌞 sunshine with 0 humidity.
We're I pay $760.00 a year.
Apparently you don’t carry earthquake insurance.
You’re lying like a dog or using 3rd rate Mexican insurance. In CA you should cover, fire and earthquake at mini.
But how much are homes going for in CA?
doubled. mine went from 2,011 to 4,028. If a democrat was the governor they would be getting the blame. But its Desantis so know one complains. Even though it's not necessarily the governors fault. Or is it? special interest groups? I don't know
I still blame democrats. But seriously when it comes to a hurricane and flood plagued state it’s hard to blame anyone if there is no true gouging going on. The only caveat is if inflation causes material cost upswings. That would be a government policy issue. So pick your party of choice.
Come to pa and play in the snow. I pay $692/year.
I moved from Ct to FL and will never go back. The money I save on Taxes is unbelievable. You can keep the cold and snow.
People who have complained about the cost of renting should see this video. I have two rentals in North Florida and one just went from $700 to $2200 and it just had a new roof installed. I know the other rental will be going up when it's due
That sounds like you increased your rate to keep up with the going rise, not because $2200 is required. It's all a form of greed.
I have a home I rented for $1000. I now rent it for $1300. The increase covers the monthly insurance. I could charge more because houses in the area has tripled in price, but I'm not following what other land lord's are doing to become rich.
Sadly , these problems will only get worse . Most of Florida's Real Estate has skyrocketed in Value . Especially along Florida's vulnerable & very populated Coastlines . Causing many Insurance companies to bail on the State or go Bankrupt . Leaving the remaining insurance companies very nervous about the upcoming Hurricane Season .
I mean.... Insurance only works if they dont ALWAYS have to pay out on every policy. Insurance exists to spread risk around. I actually dont even see how they can still offer insurance on some properties in Florida. Its not a question of IF something is going to basically destroy the property, but WHEN.
Yes, lets talk about roof issues shall we. Shingles are built with 20-30 year lives. In those 30 years a roof is subject to "normal wear". That should be subject to normal inspections, normal repairs, and normal re-inspection. Yet these companies are summarily dropping people. I had 2 properties dropped at the 15 year mark.
Wow heard Florida has high auto insurance, and now homeowners insurance. If Disney decides to leave many will not visit Florida at all.
Considering the numbers flooding into the state now (not just the illegals), that would be a good thing.
Place is overcrowded as it is.
@@bugwar5545 and turn into a less than desirable place to live with the decreasing tax base especially if Disney were to leave
@@RB-gt8bf Yer funny.
Wrong, but still funny.
Blue state refugees ain't flooding into the land of sunshine cuz their so happy with the Gulag governments they fled.
@@bugwar5545 some people are not worth the time. Leave them on the side of road muttering to themselves. Perfect use of a mute button especially when they go to insults of other groups because they lack a good factual explanation and live in fear of others whom they perceive are different.
@@RB-gt8bf Thank you.
That is a wonderful summary of the Democrat party mindset.
I will quote you for it in the future.
TypTap or Universal?
Are they leaving Fl too ?
Insurance is a major part of my life! Would rather face a a disaster with insurance than without! Yes I pay the premiums but I know that is a disaster, I have protection! I would survive!
Good luck. Insurance companies will ALWAYS try to find a way out of their lawful obligations to pay for a new house or other high value item.... Even if you've been a loyal and paying customer with no claims for 40 years.
And what is your Governor doing about it? NOTHING! Time is being wasted on anti-gay measures. You get the government you vote for. Sorry Florida.
I completely agree all these psychos backing desantis when he is only removing things and not using our tax payer dollars to reinvest in Florida
You mean anti grooming?
@@zerotodona1495 ummm to be fair the Republicans have more people who fancy children in a sexual manner.
You don't so much get the government you voted for, but you do get the government you earned.
Looking at you Calisewer.
@@Kevin-zf9jh Yep, removing face diapers, censorship, and the right to murder babies.
I can think of many things the Governor fails at, but taking care of the citizens ain't one of them.
Any time a state passes legislation that is unfriendly to underwriters premiums will go up. Yes FL citizens- you wanted to be a matching state and here is the price tag.
Ppl love desantis but does he do anything to help Floridians no all he does is focus on race and sexuality which only hurts his constituents. I don’t understand how you guys back him when he doesn’t da anything to stop price gouging
I agree. He hasn't done anything for Florida and the laws that were passed were for the insurance companies. Plus allowing these companies do
screw clients
Evidently most of the citizens of the state do not agree with your assessment.
If they did, he wouldn't be governor.
@@bugwar5545 well Florida is a pretty racist homophobic state with a super low education level so it’s no surprise that white ppl will vote for a nazi
@@bugwar5545
Let's go Brandon!
Add to that the fact that insurance companies and real estate companies use a good chunk of their revenue to contribute to the political campaigns, especially republican ones...🫤