My Florida friends …
- Thread starter St. Louis Hawk
- Start date
If you live in a hurricane or landslide zone, don't expect the rest of us to pay higher premiums
Or areas where wildfires proliferate. As well as tornadoes.
Tornadoes are so isolated compared to hurricanes. You might be 3 blocks away and have no damage.
There are no wildfires in Iowa burning down neighborhoods.
Mom…I have lived in Iowas for 74 of my 75 years and tge only funnel cloud U ever saw live was one day driving across western Texas..
I don’t think they happen much in Iowa honestly..
Now pardon me, I have to check my home policy for tornado coverage…
Floods?
In Ioway?
Need some moisture first..
It’s been dry as a bone here for a couple of years… the Muzzery and Mississippi might flood in tge Spring but not from moisture from around here…
Florida peeps, stop whatabouting on the natural disasters. Florida is a shitshow due to hurricanes, nothing else compares. It is what it is. Insurance is gonna be a major problem going forward.
Cause hurricanes have only been around for like five, six years?
But you’re correct we are a total 💩 show. So when are y’all gonna stop moving here and buying stuff on the water?
Sort of like how you Yankees keep coming here and buying overpriced condos on the water, you mean?
Psst. Do NOT tell them we have floods and tornadoes too. They’ll lose their 💩.
FIFY
A lot of insurance companies are pulling out of Iowa, too. Climate change events are cutting into profits. It wasn't just the derecho, but that was a big jolt. Drought followed by epic rain events, especially in Western Iowa has led to quite a few companies pulling out of the state. It hasn't quite reached the point of Florida, but it's an issue that our legislators and governor are ignoring at the peril of their base.
I can’t speak for others, but I moved here to live on the beach, and I intend to die here.
Western Iowa has been in a drought for sometime. Most of the flooding out there is due to the Army Corps of Engineers in South Dakota
A
anon_911569jwrmy3z
Guest
Do you have the same view when it comes to taxpayers paying off student loans for others?
My renewal for property insurance will be just under $1,800 this year vs $3,200 last year.
Tallahassee. Going to call my agent Monday to see why it dropped so much. Something seems off but I can’t find it on the renewal letter. It’s a full year, coverage looks the same as last year. It’s $2100 if I pay monthly or $1790 if I pay all at once.
The policy is with Universal Property.
Seeing some articles about a new law that requires condos to have full reserves by 2025 and condo owners selling before that kicks in.
Any of the FLA peeps seeing evidence of that?
Any of the FLA peeps seeing evidence of that?
I started to type a reply mentioning this but it quickly turned into a Governor Meatball bashing post so I deleted it.
If you go to YouTube and start typing Florida condo….,” one of the first things that will autofill is “Florida condo crisis”
Here is that search
Edit - I thought I was replying to this thread started by @Tenacious E
Do any of you live on the beach on the gulf?
Being on Gulf beaches has been my favorite place to vacation since I was a wee lad. We typically vacationed from Bonita springs down to Marco. More recently I enjoyed Clearwater beach tremendously. I love the crash of the waves, the birds, the sun, the soft sand, etc. As I stare at 50 and...
iowa.forums.rivals.com
I should have kept my Meatball bashing post and put it in this thread or the condo collapse thread. That’s ok. I have another Meatball bashing post for this thread coming momentarily.
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This has long been a problem in this state. Has the gerrymandered GQP Florida legislature done anything about it in its 25 plus years of complete control?
Uninsured motorists big part of Florida's insurance crisis
Has the all powerful Governor Ron Meatball DeFascist done anything? No, instead he is sending the Florida Highway Patrol to the Texas-Mexico border because he only knows how to do hate inspired publicity stunts to fill his own emptiness and feed red meat to his low life base
What's Florida Highway Patrol doing at the Mexico border?
Iowans, if you want to know how backwards your state will be after a few decades of republican rule, visit Florida. This place is committed to dysfunction and going back in time.
Uninsured motorists big part of Florida's insurance crisis
Has the all powerful Governor Ron Meatball DeFascist done anything? No, instead he is sending the Florida Highway Patrol to the Texas-Mexico border because he only knows how to do hate inspired publicity stunts to fill his own emptiness and feed red meat to his low life base
What's Florida Highway Patrol doing at the Mexico border?
Iowans, if you want to know how backwards your state will be after a few decades of republican rule, visit Florida. This place is committed to dysfunction and going back in time.
Revisions to FS718 are indeed on the books following the collapse of Surfside Towers in Dade County (Miami).
Prior to that the Condo owners could vote to waive full funding of the Reserve account and instead impose a Special Assessment to cover any capital maintenance needs. Those were often neglected as well. Only buildings that were above five stories were required to have structural and safety inspections and then only every few years (can’t recall but it was at least five)
Now the state says everyone gets inspected regardless.
Being on the ocean creates salt air conditions that impact the integrity of the building and leads to spalling (example is the rebar rusts from the inside and becomes visible as it breaks through the stucco or concrete.)
Developers loved the old statute since it helped them sell condos that might have a little lower dues and South Florida had lots of buyers who were foreign and mostly absentee. They had no concept of the condition of the buildings. And retirees on fixed incomes usually voted down these things too.
Yes the market in some areas is full of condos for sale. Prices are dropping too but they were inflated to begin with.
If you look at Destin for example there are condos on the Gulf with monthly dues hitting as much as $2000 a month. And prices that started in the $800’s for a 2BR unit that are just sitting. There are frequent price drops. Part of those dues - in addition to the reserve requirement - are also because the insurance carrier for the condo has upped the premium so high to cover their own storm losses. Some of those units rent out to vacationers and the income can reach $50k annually so for some ownership can still make sense.
I managed high end condos on the ocean in Ponte Vedra Beach for years and the maintenance and insurance costs are a major factor in the cost of ownership. Truly it was a matter of the old saying “if you have to ask how much you can’t afford it”.
Sure - the State can set up roadblocks and demand that people show license registration and insurance. After all it’s a free country and we’d all go along with police state stuff, right?
We do have uninsured motorists but other states are facing the same issue. Deep blue California has more than we do.
But you’re trolling for likes so you throw 💩 out there.
One of my brothers is still in Tally, dunno what they are facing with renewal. We sold our folks place off of Miccosoukee a couple of years ago and the insurance always seemed appropriate.
The house we grew up in on high ground on Lake Bradford was always very affordable.
Who cares? I don’t particularly like her. I also don’t watch MSNBC. And there’s always that newfangled contraption called the remote.
I am getting the feeling that this election year is going to be one where my own personal favorite on MY remote is the off button.
I have a few clients who've decided to self-insure. not surprising with the way premiums have rapidly increased.
Normally I would post something like this in the DeSaster thread but, though not obvious at first, it relates to our soaring home insurance rates
I’ll visit but I’d never live in that whacky land. No offense. There’s crazy people than there is Florida crazy people. Floridians take crazy to a whole other level.
You mean the farms didn’t go away when the state stepped up immigration employment status verification?
Weird.
