FL has a high percentage of old people driving and they're terrible drivers. Why would insurance rates be low? And with all of the hurricanes, how can home insurance be reasonable when people build on the coasts? FEMA only covers part of the cost and if you think those of us who don't live near places with frequent hurricanes and other disasters want to pay for your losses, guess again. You might not be affected, but the 'shared pain' of insurance pisses me off when some states are considered 'no fault', like Wisconsin (where I live). If I had known about the insurance I have sooner, I would have saved $4000 in ten years but the mainstream insurance companies just said "Sorry, that's the price".
If anyone wants lower rates, we'll need mandatory driving tests every five years and remedial training, as needed. The driver BS I see is insane and the ages are across the board but the youngest are the state's fault- during COVID, they suspended on-road driving tests and that was taken as a sign that it doesn't matter. OTOH, letting carjackers/car thieves and terrible drivers off with a few harsh words and sidelong glance does noting to stop anyone.
You have no clue. According to FLHSMV Traffic Crash Facts, the age groups involved in the largest number of collisions : Drivers ages 21-24 were in 53,653 crashes with 191 fatalities. Drivers ages 25-29 were in 63,385 crashes with 213 fatalities. Drivers ages 30-34 were in 57,488 crashes with 214 fatalities. And home insurance is not just based or being impacted on the coast. Its anywhere in this state, including INLAND.. My point with the nations 3rd highest in population or GOV has done zip on any of these items. Ill take my car insurance for an example. the wife and I have never had a wreck or had a claim, both over 65. Both of our vehicles are paid off and have been for years. Our home is paid off, excellent credit but we just got an car insurance increase for an extra 80 a month. And
the insurance companies explanation,
reinsurance costs ,
Litigation costs: Being a no-fault state, Busy roadways, Weather-related exposure , Healthcare costs and Uninsured drivers. They told us, its nothing we did, just the way car insurance is being handled in FLA by ALL insurance companies. The wife for the last 3 days has been contacting and getting quotes from other car insurance companies all within $10-25 dollars of each other. She called an agent friend of hers in SC where we lived before she retired, our car insurance for both of our vehicles would be cheaper for the same coverage if we lived in SC and they guy noted if we lived there our home owners would be a lot cheaper.. OF note people are moving in, but people in this state are also moving out as well. According to the US Census Bureau state to state migration flows, an estimated 275,266 people left Florida in 2022. That means that
nearly 754 people are choosing to leave Florida every day and nearly 23,000 people are leaving each month (as of 2022). . Analysts point to the
rising cost of living, politics, and high property insurance premiums as reasons behind the shift. But this side tracked topic has zip to do with Trump and his band of right winged evil doers.
