Welcome to City-Data.com Forum!
U.S. CitiesCity-Data Forum Index
Go Back   City-Data Forum > U.S. Forums > Florida > Orlando
 [Register]
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
View detailed profile (Advanced) or search
site with Google Custom Search

Search Forums  (Advanced)
 
Old 07-30-2007, 08:42 PM
 
Location: Asheville, NC
12,626 posts, read 32,074,863 times
Reputation: 5420

Advertisements

I heard on the news today that they are raising insurance rates again to make up for previous hurricanes. Some companies as much as 94%, but average companies 34%. No one is going to be able to live in FL with everything going up.
Reply With Quote Quick reply to this message

 
Old 07-31-2007, 06:07 AM
 
Location: Central Florida
442 posts, read 2,913,652 times
Reputation: 223
Yeah its true, Mine went up $300 ...i called around to get quotes and was told ," if you have ins and did'nt get dropped stay were you are "
I thought I THOUGHT , Crist struck a deal with the Ins people not to raise ins rates and give every one a discount..( every little bit helps.) I can HARDLY wait to see What Crist did with The Property Tax!
Reply With Quote Quick reply to this message
 
Old 07-31-2007, 07:05 AM
 
Location: Central FL
1,683 posts, read 8,213,496 times
Reputation: 853
Have any of you written Mr. Crist demanding an explanation? If this happens to me, I'm going to be emailing, calling Mr. Crist and my representatives. Why not call the news media and get them on board investigating. They would love it.
After all we were told we would get RELIEF not increase. Demand to know the reason. My renewal won't arrive until Nov/Dec - if it's higher I'm going to be screaming bloody murder as it almost tripled last year just before those REDUCTIONS!
Reply With Quote Quick reply to this message
 
Old 07-31-2007, 07:41 AM
 
Location: Asheville, NC
12,626 posts, read 32,074,863 times
Reputation: 5420
My insurance went up $300 this year also. It's crazy and I didn't even have any claims. Go figure.
Reply With Quote Quick reply to this message
 
Old 08-03-2007, 03:05 PM
 
Location: Central Florida
442 posts, read 2,913,652 times
Reputation: 223
I emailed Crist to No evail...he is i guess just as mad but, from what he has said his handsa are tied except for the ( fl Govt ) pulling the plug in what they said they would do if the ins decreased...
And Doesnt florida have a Insurance Commishioner?
Reply With Quote Quick reply to this message
 
Old 08-03-2007, 03:41 PM
 
Location: orlando
170 posts, read 753,616 times
Reputation: 77
haha, why not make the smart move and start renting so your hands are no longer tied by taxes, insurance and decreasing property values
Reply With Quote Quick reply to this message
 
Old 08-03-2007, 05:08 PM
 
Location: Orlando FL
1,065 posts, read 4,147,555 times
Reputation: 427
Renting is one option.....it can delay these types of costs....but what do you think is going to happen to your rental rates when your landlord's expenses go up? Everyone pays property taxes and property insurance in one way or another.

Crist passed some re-insurance reforms when he came into office, that should have lowered insurance rates....instead the insurance companies took the cost savings and just purchased additional re-insurance (insurance for the insurance companies) So crist is a pretty miffed at them at this point.

All the insurance increases everyone has seen in the past few months were long in the making and anything mentioned about "lowering rates" refers to these now higher rates. Several Insurers just recently asked for additional rate increases from the FL Dept of Ins, and at the backing of crist flat said NO.
-News & Events - Crist leans on insurers to cut rates

I don't see rates being increased, even more, in the immediate future, But if storms continue to come through, it will either lead to citizens being the only insurer in FL, or the insurance companies need to get a little less greedy and more efficient.
Reply With Quote Quick reply to this message
 
Old 08-03-2007, 05:39 PM
 
Location: orlando
170 posts, read 753,616 times
Reputation: 77
well i just renewed my lease today, rent will be down $40 a month once new lease kicks in
Reply With Quote Quick reply to this message
 
Old 11-14-2008, 10:28 AM
 
Location: Forney Texas
2,110 posts, read 6,466,359 times
Reputation: 1186
Florida Insurance rates are CRAZY! I am saving $60 a month on my car insurance because I moved to Dallas and I live downtown in one fo the highest insurance risk areas in Texas. I do not own a house yet but I am sure the rate is much lower here. Plus the housing costs in Florida are astronomical. The same house that costs $250k in Orlando can be had in Dallas for $150k. And if you think Orlando is bad you should see what they pay in Miami! My dad works for allstate insurance and lives in Miami so I know all about it. I seriously do not knwo how anyone can afford to live in Florida unless they bought a house back in the 1990's when things were cheap.
Reply With Quote Quick reply to this message
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.

Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.


Reply
Please update this thread with any new information or opinions. This open thread is still read by thousands of people, so we encourage all additional points of view.

Quick Reply
Message:


Settings
X
Data:
Loading data...
Based on 2000-2020 data
Loading data...

123
Hide US histogram


Over $104,000 in prizes was already given out to active posters on our forum and additional giveaways are planned!

Go Back   City-Data Forum > U.S. Forums > Florida > Orlando
View detailed profiles of:

All times are GMT -6.

© 2005-2024, Advameg, Inc. · Please obey Forum Rules · Terms of Use and Privacy Policy · Bug Bounty

City-Data.com - Contact Us - Archive 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35, 36, 37 - Top