Family friendly places to live around FLL
09-15-2023 | 07:04 AM
#41
The REAL Bluedriver
Joined: Sep 2011
Posts: 6,935
Likes: 0
From: Airbus Capt
Suggesting the Florida insurance crisis is because of homeowner fraud (happens everywhere), or an "insurance law" that is not new, and may or may not be unique to Florida, and could be changed by the Florida legislature as the cause, doesn't pass the smell test. It sounds like a story being fed to the stupid, to not discuss the real reasons insurance companies are looking at the risks and saying "no thanks".
09-15-2023 | 07:18 AM
#42
Gets Weekends Off
Joined: Dec 2007
Posts: 171
Likes: 0
It's a mess. Want to live in Florida, pay up.
Two major hurricanes made landfall in the state since 2016: 2017’s Irma and 2018’s Michael. No direct hits occurred in Florida over the past three hurricane seasons (2019-2021). Florida, however, is the site of 79 percent of all homeowners insurance lawsuits over claims filed nationwide while Florida’s insurers receive only 9 percent of all U.S. homeowners insurance claims, according to the Florida governor’s Office. To illustrate how lawsuits have weighed on insurer operating costs, JD Supra, citing the Florida Office of Insurance Regulation (OIR), reported $51 billion was paid out by Florida insurers over a 10-year period and 71 percent of the $51 billion went to attorneys’ fees and public adjusters. The 2020 and 2021 cumulative net underwriting losses for Florida’s homeowners insurers totaled more than $1 billion each year.
https://www.iii.org/press-release/tr...-demise-062322
https://www.flgov.com/2022/04/26/cal...rty-insurance/
https://www.orlandosentinel.com/2021...s-report-says/
Two major hurricanes made landfall in the state since 2016: 2017’s Irma and 2018’s Michael. No direct hits occurred in Florida over the past three hurricane seasons (2019-2021). Florida, however, is the site of 79 percent of all homeowners insurance lawsuits over claims filed nationwide while Florida’s insurers receive only 9 percent of all U.S. homeowners insurance claims, according to the Florida governor’s Office. To illustrate how lawsuits have weighed on insurer operating costs, JD Supra, citing the Florida Office of Insurance Regulation (OIR), reported $51 billion was paid out by Florida insurers over a 10-year period and 71 percent of the $51 billion went to attorneys’ fees and public adjusters. The 2020 and 2021 cumulative net underwriting losses for Florida’s homeowners insurers totaled more than $1 billion each year.
https://www.iii.org/press-release/tr...-demise-062322
https://www.flgov.com/2022/04/26/cal...rty-insurance/
https://www.orlandosentinel.com/2021...s-report-says/
09-15-2023 | 07:40 AM
#43
Gets Weekends Off
Joined: Feb 2023
Posts: 175
Likes: 0
It's a mess. Want to live in Florida, pay up.
Two major hurricanes made landfall in the state since 2016: 2017’s Irma and 2018’s Michael. No direct hits occurred in Florida over the past three hurricane seasons (2019-2021). Florida, however, is the site of 79 percent of all homeowners insurance lawsuits over claims filed nationwide while Florida’s insurers receive only 9 percent of all U.S. homeowners insurance claims, according to the Florida governor’s Office. To illustrate how lawsuits have weighed on insurer operating costs, JD Supra, citing the Florida Office of Insurance Regulation (OIR), reported $51 billion was paid out by Florida insurers over a 10-year period and 71 percent of the $51 billion went to attorneys’ fees and public adjusters. The 2020 and 2021 cumulative net underwriting losses for Florida’s homeowners insurers totaled more than $1 billion each year.
https://www.iii.org/press-release/tr...-demise-062322
https://www.flgov.com/2022/04/26/cal...rty-insurance/
https://www.orlandosentinel.com/2021...s-report-says/
Two major hurricanes made landfall in the state since 2016: 2017’s Irma and 2018’s Michael. No direct hits occurred in Florida over the past three hurricane seasons (2019-2021). Florida, however, is the site of 79 percent of all homeowners insurance lawsuits over claims filed nationwide while Florida’s insurers receive only 9 percent of all U.S. homeowners insurance claims, according to the Florida governor’s Office. To illustrate how lawsuits have weighed on insurer operating costs, JD Supra, citing the Florida Office of Insurance Regulation (OIR), reported $51 billion was paid out by Florida insurers over a 10-year period and 71 percent of the $51 billion went to attorneys’ fees and public adjusters. The 2020 and 2021 cumulative net underwriting losses for Florida’s homeowners insurers totaled more than $1 billion each year.
https://www.iii.org/press-release/tr...-demise-062322
https://www.flgov.com/2022/04/26/cal...rty-insurance/
https://www.orlandosentinel.com/2021...s-report-says/
agree, Florida is a mess. DO NOT move here.
09-15-2023 | 07:42 AM
#44
The REAL Bluedriver
Joined: Sep 2011
Posts: 6,935
Likes: 0
From: Airbus Capt
It's a mess. Want to live in Florida, pay up.
Two major hurricanes made landfall in the state since 2016: 2017’s Irma and 2018’s Michael. No direct hits occurred in Florida over the past three hurricane seasons (2019-2021). Florida, however, is the site of 79 percent of all homeowners insurance lawsuits over claims filed nationwide while Florida’s insurers receive only 9 percent of all U.S. homeowners insurance claims, according to the Florida governor’s Office. To illustrate how lawsuits have weighed on insurer operating costs, JD Supra, citing the Florida Office of Insurance Regulation (OIR), reported $51 billion was paid out by Florida insurers over a 10-year period and 71 percent of the $51 billion went to attorneys’ fees and public adjusters. The 2020 and 2021 cumulative net underwriting losses for Florida’s homeowners insurers totaled more than $1 billion each year.
https://www.iii.org/press-release/tr...-demise-062322
https://www.flgov.com/2022/04/26/cal...rty-insurance/
https://www.orlandosentinel.com/2021...s-report-says/
Two major hurricanes made landfall in the state since 2016: 2017’s Irma and 2018’s Michael. No direct hits occurred in Florida over the past three hurricane seasons (2019-2021). Florida, however, is the site of 79 percent of all homeowners insurance lawsuits over claims filed nationwide while Florida’s insurers receive only 9 percent of all U.S. homeowners insurance claims, according to the Florida governor’s Office. To illustrate how lawsuits have weighed on insurer operating costs, JD Supra, citing the Florida Office of Insurance Regulation (OIR), reported $51 billion was paid out by Florida insurers over a 10-year period and 71 percent of the $51 billion went to attorneys’ fees and public adjusters. The 2020 and 2021 cumulative net underwriting losses for Florida’s homeowners insurers totaled more than $1 billion each year.
https://www.iii.org/press-release/tr...-demise-062322
https://www.flgov.com/2022/04/26/cal...rty-insurance/
https://www.orlandosentinel.com/2021...s-report-says/
But still, the risks of losses are too high for insurers, clearly. And most can't afford to properly self insure.
09-15-2023 | 07:46 AM
#45
Banned
Joined: Apr 2017
Posts: 4,208
Likes: 7
So the rates have to be approved by the government insurance Commissioner. And it's my understanding that people who live on the coast are not allowed, per the government, to be in a different actuarial risk table than those inland. So people inland are subsidizing the cost of insuring those on the coast. I could be wrong, but I think that is also happening too, in addition to the insurance / roofing fraud.
09-15-2023 | 07:52 AM
#46
Gets Weekends Off
Joined: Feb 2023
Posts: 175
Likes: 0
It's interesting that Florida is home to so many insurance lawsuits. Most of that money seems to go to attorneys fees. But in order to pay out that much in attorneys fees, the insurance companies must be losing most of the lawsuits, which means they are at fault for not properly paying the claims in the first place. It also seems something must be in the laws in Florida contributing to this debacle. Which means they should be able to change the laws and make things at least marginally better.
But still, the risks of losses are too high for insurers, clearly. And most can't afford to properly self insure.
But still, the risks of losses are too high for insurers, clearly. And most can't afford to properly self insure.
bingo……..filler
09-15-2023 | 09:45 AM
#47
Perennial Reserve
Joined: Jan 2018
Posts: 14,246
Likes: 257
https://www.usatoday.com/story/money.../70427062007/#
An excerpt:
Which companies have decreased Florida insurance coverage?
- Three major companies have voluntarily withdrawn from the state since last year: Farmers Insurance, Bankers Insurance and Lexington Insurance, a subsidiary of AIG.
- AAA is not renewing a “very small percentage of higher exposure homeowner’s policies,” it told the Palm Beach Post. It has also released a statement saying that it is continuing to write new policies in the state.
- Friedlander said there are also 15 businesses that have stopped writing new policies but declined to name them.
- Seven local insurance companies have become insolvent since February 2022
Also:
Florida shares responsibility for their lack of insurance. Pretty much all states have insurance commissioners that restrict rate gouging, but when you set rates below what it takes to remain solvent in your state you are really trying to force people in other states to subsidize your risks. Even insurance companies like USAA won’t let you keep doing that. They need to be competitive in the other 49 states too.
09-15-2023 | 12:43 PM
#48
Gets Weekends Off
Joined: Dec 2007
Posts: 171
Likes: 0
09-15-2023 | 07:58 PM
#49
Thread Starter
Line Holder
Joined: Nov 2019
Posts: 41
Likes: 0
As someone that has lived on or near the water in FL my entire life I cannot recommend the tri county area to anyone. We moved down here about 13 years ago from another part of the state and it has progressively gotten worse. We live in one of the couple great school districts but anywhere else get ready to pay up big for your children’s education.
It was always the most populous region of Florida but it has grown so much since Covid. I have no idea where the larger population is finding a place to live bc there is no more land. Ocean to the east and glades to the west. The constant cramped quarters has everyone on a short temper. It’s not just NYers. People are from everywhere and everyone has a bad attitude.
You used to be able to escape to the keys for some R and R but all the insurance money from Irma had all the small boater friendly inns remodeling and charging obscene prices with many no longer catering to boaters bc we don’t stay onsite during the day spending money. The northern keys have turned into an extension of Miami with loud music, bad attitudes, drunks, jet skis, and people throwing trash everywhere.
Boating north of Miami and south of palm beach is mostly nonexistent inshore and the ditch once again is filled with drunks that have no idea how to operate a vessel. Offshore the water is beautiful but aside from the extremely hot months the wind blows a lot down here making going offshore with kids somewhere between pretty uncomfortable to very unsafe much of the year. If you have a boat that costs as much as the median America home with more mx costs then yes the Bahamas past Bimini are in reach but it won’t be cheap. Bimini just like the northern keys is now Miami east. Let’s not even talk about how bad bad the fishing has become bc of the overfishing, population growth, and criminal pollution runoff from sugar country.
Non of this is hyperbole. Come see for yourself. A few of the nice folks that moved into my neighborhood from their commi states during Covid are having major buyers remorse. They moved in for the great schools and paid up for a small house. Without a boat, which may not be worth it anyway for reasons above, and golf being miserably hot much of the year, they are wondering if the juice is worth the squeeze and I can’t argue with them honestly.
Right now FLL is our “fortress” base at spirit and does offer the most in scheduling options and flexibility because of its size. That and buying in a very low price in a good school district are the only things keeping us here but we are seriously considering and looking at options upstate or out of state.
It was always the most populous region of Florida but it has grown so much since Covid. I have no idea where the larger population is finding a place to live bc there is no more land. Ocean to the east and glades to the west. The constant cramped quarters has everyone on a short temper. It’s not just NYers. People are from everywhere and everyone has a bad attitude.
You used to be able to escape to the keys for some R and R but all the insurance money from Irma had all the small boater friendly inns remodeling and charging obscene prices with many no longer catering to boaters bc we don’t stay onsite during the day spending money. The northern keys have turned into an extension of Miami with loud music, bad attitudes, drunks, jet skis, and people throwing trash everywhere.
Boating north of Miami and south of palm beach is mostly nonexistent inshore and the ditch once again is filled with drunks that have no idea how to operate a vessel. Offshore the water is beautiful but aside from the extremely hot months the wind blows a lot down here making going offshore with kids somewhere between pretty uncomfortable to very unsafe much of the year. If you have a boat that costs as much as the median America home with more mx costs then yes the Bahamas past Bimini are in reach but it won’t be cheap. Bimini just like the northern keys is now Miami east. Let’s not even talk about how bad bad the fishing has become bc of the overfishing, population growth, and criminal pollution runoff from sugar country.
Non of this is hyperbole. Come see for yourself. A few of the nice folks that moved into my neighborhood from their commi states during Covid are having major buyers remorse. They moved in for the great schools and paid up for a small house. Without a boat, which may not be worth it anyway for reasons above, and golf being miserably hot much of the year, they are wondering if the juice is worth the squeeze and I can’t argue with them honestly.
Right now FLL is our “fortress” base at spirit and does offer the most in scheduling options and flexibility because of its size. That and buying in a very low price in a good school district are the only things keeping us here but we are seriously considering and looking at options upstate or out of state.
09-16-2023 | 05:37 AM
#50
Gets Weekends Off
Joined: Nov 2017
Posts: 3,235
Likes: 210
You’ll be awarded MCO before training ends. As for the trips, they’re good. Touch base a bit more often and quite a few trips have you do a victory lap on the last day (1 leg back to base and then a turn to somewhere). About a year to hold a line, but that should start coming down a bit since they’ve been adding more vacancies into MCO the last few months. Feel free to PM me.
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