And she was first one on the post. God love ya, Rosie. We\’re in for a fun afternoon today folks. Just hang here for a minute, Rosie. They\’ll be here like flies on honey. Here we go!
\”Lazear said recently enacted Florida legislation aimed at reducing homeowners\’ rates by giving insurers access to cheaper, state-backed backup coverage will drive private insurers away, reducing competition. The plan charges artificially low rates, he said, meaning it will likely require a taxpayer bailout or large assessments on policy holders to cover the next big storm.\”
Again, why should the rest of the country bail out Florida politicians from the results of their bad decisions?
Rosie:
Is this the best you can do?? I am extremely disappointed in you!!!! You can do better, I know you can. Come on-Bush is something more than than a headache maker. Let’s hear it. It’s Friday-its fun day. We need you!!
Linda was looking for me over on the Katrina/AdjusterJoe story…
I said I would let Donnie get the (stupid) last word. I can\’t go back on that now…
Glad to see everyone over here… Drinks are on me tonight… after dealing with Donnie and Joe, I am gonna need A LOT of drinks… and someone to drive me home.
Anyhow, maybe I should stick to the topic at hand? But, I have no comments on it- I just wanted to say hi! :)
Happy Friday!
Hey B! Nice to see you here…
ACE- glad you got a good \”feel\”ing ha ha ha ha ;)
The majority of Floridian\’s do not live in \”ritzy houses on the beach\”. Those that do can AFFORD the cost of insurance. The rest of us hard working people are finding it very TOUGH to pay the prices the companies are charging. Yes, yes, yes I know the companies are there to make a profit and I don\’t have any problem with that. What I do have a problem is with this. I have lived in Florida for almost all my life. Eight years ago when I moved into a different house my windstorm premium was less than $800.00 a year. Last year my premium was $3,500. That does not take into account another $800 a year for HO ins that does not cover wind or flood and another $900 for flood.
Then there is the matter of companies not wanting to write any insurance here and pulling out.
Unfortunately for me and many other Floridian\’s my income is not going up as fast as my premiums are going up.
Florida is not a welfare state and we are not looking for \”handouts\” or a free ride, just a little relief on the rate increases.
I don\’t know what state you live in but please stay there.
Group, I think we have finally converted Rosie to our side. Each new Bush bashing is getting weaker and weaker…..or maybe she is on a diet and has just enough energy left to feed her pie hole!
My premium is not nearly as high as yours though. That got me to thinking… I am going next week to meet with my insurance agent to discuss my coverage. Are you the same Linda who posted on the site about Royal Palm? If so, I saw your post there.
I am also glad Jim helped us out so much on that thread.
One question for you… as you know I live in the Central Florida area… I am close to an enormous lake, but no other bodies of water are closer than 30 minutes. Do you live on the coast? I just wondered because my coverage seems to be enough but it\’s far less than yours, so I want to make sure I am not sorry in the end.
Well the idiots are sure out here today. I work very hard and if I had a boat to sell I would in order to pay the piper.
I hope a tornadao, fire, earthquake or whatever catastophe hits your *** and when your rates skyrocket and your companies pull out we can tell you to put your violin away.
Linda, I sure wouldn\’t walk around with my hat in hand asking for a handout. Since I live up north, how about subsidizing my heating bill from this winter…don\’t you know that heating oil and gas prices have skyrocketed??
Jewel, I live in South Florida and have historically, since Andrew have paid the highest rates in the state.
I was not the poster on the Royal Palm thread. I wish I had seen that one.
My only suggestion to you is go over your policies carefully. I had to switch HO policies this year and found out that back up of sewers and drains was not covered on their policy but could be bought for an additional premium of like $25.00 so I had it added. The only thing worse than having your s**t blown/flooded away is it coming back up into your house.
I\’ll make a deal with you. I\’ll help you pay for your insurance when you help me pay for my heating bill ($300 per month) and my property taxes ($9600 per year. It\’s not that we of other states don\’t care, it\’s just that we can\’t afford to help elsewhere when we have our hands full where we are.
Rosie-I don\’t want to buy insurance on my home-maybe I can\’t afford it or maybe I\’d rather buy pot. Either way, if my home burns down would you mind paying to rebuild it? I\’d rather not pay for it myself-it\’s just inconvenient.
If people want to live next to the ocean in the middle of hurricane territory, they should probably buy wind & flood coverage. If they choose not to, they should be prepared to deal with an uncovered loss. Unless the rest of the country is invited to spend a week in their seaside home and enjoy the view I see no reason for the rest of us to reimburse those who see no reason to buy coverage. If you can\’t afford wind/flood coverage you probably shouldn\’t live in a wind/flood (hurricane) prone area.
This dose of rocket-science brought to you by Cut the Crap.
In addition to the high insurance rates we also pay the high gas prices. Granted I do not have a heating problem to face in the winter. I do however have teenage drivers on my policies and also pay very high rates for health insurance for my family.
I am not independently wealthy and insurance is my biggest nut to crack. I am so glad that you have more money than me. And, BTW this was not a state requested program but a national one to cover other things than just hurricanes. Perhaps they should include your heating costs as catastophic.
\”And, BTW this was not a state requested program but a national one to cover other things than just hurricanes\”.
If that is the case why are only the Coastal Senators asking for the plan?
Linda, the point is that its always something somehere..heating up north, hurricanes in the south, Twister in the midwest and earthquakes out west. Each state needs to take car of themselves, since insurance is state regulated and quit asking for everyone else to bail them out. I feel your pain, but there is always someone worst off than you.
How many months out of the year are you paying the $300 for heating costs? Maybe 6? That is $1800.00. Sure I will trade my windstorm bill for your heating bill.
And to the other posters like cut the crap, not everyone lives on the ocean with views of the water. Take a look at a map to see how much of Florida is not on the water.
Maybe we should just put up a \”closed\” sign at the border of Florida and not let any more snowbirds in. Stay up north during your winters instead of invading our state and clogging the highways with your pour driving habits.
Posted On: April 13, 2007, 2:01 pm CDT
Posted By: Tracy
Comment:
\”And, BTW this was not a state requested program but a national one to cover other things than just hurricanes\”.
If that is the case why are only the Coastal Senators asking for the plan?
To answer your question, I skimmed the article. No, I didn\’t read it all… but I did come across this excerpt:
\”Lawmakers from other Gulf states, the Northeast, and elsewhere have also voiced support for such a national program, which would establish a backup for property insurance similar to a federal program set up for terrorism insurance after the Sept. 11 attacks.\” – article we are posting about
It clearly says the Northeast. Is everyone who lives in the Northeast on the coast? And I presume elsewhere means elsewhere. So it seems like it is not just coastal senators, as you stated. I do not have any further information that I can post in order to assist in this matter.
Linda, without our money to spend in Florida and the taxes we pay while there to fund Citizens, you\’d be in a world of hurt. Kiss our rings, and we\’ll come back again next winter
Wouldn\’t it be nice if some of the Floridians would help pay my $500 annual snowplowing contract to help get rid of the 150-200\” of snow that I get annually. Just a few years ago, I was paying $300. Cost has increased 66% over the past 2 years (mostly due to fuel costs and insurance for the plow drivers)
You forgot the $9600 in property taxes on a $190,000 assessed house, are you going to handle those too? And, BTW I pay $860 for my home insurance and I live in the state with the highest sales (8.5%), property and income taxes in the nation.
As I said, although I feel for your troubles ours are just as bad if not worse. We can\’t help you if we can\’t barely help ourselves.
I will let you in so you can visit Disney World. :) You seem like a pretty cool guy.
Tracy-
I agree with you on a few points. But isn\’t that why the coverage would be available to everyone in the nation? Funded by the nation, for the nation? But like I said, I skimmed the article. Seems to me to be a summary of the article. I guess now I will go and read it. I don\’t really want to bail anyone out (unless it is by choice) and I don\’t want anyone to bail ME out either.
But, you realize this happens all the time, right? And since this is tax season, I would like to call your attention to the Earned Income Credit.
Sorry if you are not getting the sympathy that you feel you deserve. It would be a prefect world if we all paid $500 for all of our insurance needs, had gas/electric bills of $100 a month, didn’t have to pay any state income taxes, etc. etc. etc. Unfortunately that is not the case.
As a nation we have always come to the assistance of anyone in the event of a natural disaster and I assume we always will. But to ask the nation to subsidize your insurance premiums just because you feel you pay too much… I’m sorry, but I would have a real hard time supporting that.
I would prefer going to Canada in the winter over Florida and deal with the cold and snow. After all 99% of Canadians can speak English and it\’s a much more friendly tourist destination (nobody there goes around *****ing about their insurance costs all the time).
My property taxes are $6,000 a year. So when I do the math we are just about the same levels. So, do what the rest of the world is telling us to do….MOVE!
I live in New York. Between the school taxes, city taxes, town taxes and county taxes I pay $9600 and climbing by the year. That number is not even close to high numbers around here. My parents\’ house has been paid off for years but they still pay almost $1000 a month in escrow for their taxes. In New York even when your home is paid for you don\’t own it, the state does.
Ah C\’mon Jewel. I love the earned income credit. Kids keep eating food but the government mandates that we have to feed them. There they are always trampling my civil rights telling me what to do. It\’s only fair they should take up some of the cost then.
(Everyone did get the tongue in cheek right? You never know…)
I don\’t wish to move thank you. I chose to live here, therefore I must deal with the outcome of my decision. If everyone did that we wouldn\’t be having this discussion would we?
Rosie-I live in Texas. We have tornados and hail. I carry wind/hail coverage and pay a pretty penny for it plus it increases my ded. If I lose my home in a tornado (and live) I won\’t be asking ANYONE but my ins company for help. I\’m willing to adjust MY standard of living to protect MYSELF from the risk I bring on MYSELF by MY choice of locale. It\’s called individual responsibility-what part of that don\’t you understand?
One way or another, I\’ve guaranteed the financial viability of the Chrysler Corporation, paid for west coast quakes, mid-west droughts AND floods AND tornados, north-eastern ice storms AND heat waves, international terrorist attacks, and even though Hurricane Hugo tore S.C. a new one; somehow, hurricanes are my problem! Next time we want to start our own country, let us.
Congratulations. Can we in the Panhandle apply for admission?
Special Note for our Lattitude Impaired friends; in this context, \”Cracker\” is not a pejorative.
Jeez, I go into a meeting and this thing takes off…
B–I was quoting from the article. The Florida legislature passed legislation to force lower rates by putting the Florida taxpayers on the hook for catastrophe losses, but now they want a national fund to bail them out should a catastrophe occur.
Linda, Don\’t worry I will stay in Tennessee, except when I go to the condo in Florida that I own with a couple of buddies, on which my insurance rates have nearly tripled.
I moved away from my beloved state of Florida in July 2006. One of the prevailing reasons was my rising insurance premiums. When I moved back to my hometown of Merritt Island in 2001 my total annual homeowner\’s premiums were about $800. The same coverage would have cost me over $3000 this year. Thanks to the Citizen\’s fiasco helping the millionaires in Boca Raton & West Palm Beach keep their insurance \”affordable\”, the average working stiff is now getting the screw. I spent 20 years in the Marines and have spent the past 8 years as an insurance professional. I transplanted myself in Las Vegas and my homeowner\’s insurance is now only about $300 per year.
Good question, however I do not have a good answer. I surmise it is because of the way the barber takes the razor to the head, leaving the dome with a pattern similar to the top of a jar. Leatherneck I can explain, that comes from the early Marines wearing a leather collar to prevent sword wounds in battle.
If a National Cat Program charges actuarially sound rates to the various states/localities, no subsidies will result, but neither will significant rate decreases. What FL officials driving this really want is a subsidized program, which is why they don\’t get much support from other states.
Florida legislators and the OIR think the problem is insurer and reinsurer profits, so they keep pushing the private market out of the state with government assessment programs masquerading as insurance. Unfortunately, FL residents will find out soon enough the difference between an actual transfer of hurricane risk and a system of post-event assessments.
For those comparing states, according to Property Insurance Report, Florida ranks 4th in the nation for average Homeowner insurance rates, behind Texas, Louisiana, and Oklahoma. As a percent of median income, Florida is 5th, behind the states above plus Mississippi.
Jewel-she ripped Bush for not approving a subsidy program. That\’s what we in the United States of the Clear-headed call \”agreement\” and \”support.\”
Next time there\’s a hurricane that goes thru Florida, let all have a beer or two (or twelve) so that we can rest-up for the next round of FL Bail-out Buffs.
She said \”I hope George treats Laura better. He says no to everything. He\’s probably had a headache for 6 years straight.\”
Not sure how that was interpreted as she is in favor of this idea. I personally think it was sarcasm on her part. But nowhere in that post did she say she was in favor of it. She is anti-Bush after all. I guess it is all about how you read between the lines. I guess that\’s what happens when you live in the United States of make believe. (I was going to post that in a nicer way, but what the heck… cut the crap was rude to me first).
I read a real good article that applies here. It said that subsidized insurance and catastrophe insurance just encourages dangerous behavior. If you have to assume the costs of your behavior and cannot look to others for help you will not be as likely to live in a dangerous way. I hear all your complaints but in this country you are free to live and work wherever you please. If you live in a dangerous, expensive area and cannot afford it-leave. I have read all of these postings and I feel so blessed. I live in Calif 250 miles from LA, 200 miles from SF and 100 miles from the coast. No earthquate danger, no flood or hurricanes, no tornadoes, lots of sunshine and 1 hour from Yosemite. I pay $1200/yr property taxes, $400.00 for property insurance, own my home outright in a nice neighborhood and cannot conceive of the problems you people have. If I had your problems I would move. Maybe that is why everyone moves east to west. Do not believe all you hear about Calif. This is truly paradise.
C\’mon Rosie…Where are you, girl??? You are letting all these people get their comments in without responding! I, for one, want to see what you have for us. Give it to \’em!!!! To all the rest of you, where is your support for Rosie???
You\’re right, but I can understand why it\’s so hard for people who have lived there a long time. Homeowners insurance in general and hurricane risk in particular were dramatically under-priced until the mid-90\’s. Since then, companies have struggled toward rate adequacy at the same time hurricane activity increased and coastal population growth exploded (this impacts insurer capital and reinsurance costs). It\’s really not so much the LEVEL of hurricane rates as much as the CHANGE in rates that is causing hardship.
\”…the fund would cover all types of catastrophes in every region, such as earthquakes.\” What a joke… how do you explain to someone in Ohio that they\’ll have to subsidize property insurance for someone who choses to live below sea level in a hurricane prone area? Or the guy in the $130k home in Ohio who has to subsidize property insurance for the guy with the $1.5m beach-front estate? Ohio gets a +/- 3.0 earthquake every 10 years, a dozen or so minor tornadoes, remnants of a hurricane causing minor flooding every 40 years, no large scale wildfires in recent recorded history, etc. It\’s rediculous to suggest the country subsidize people who CHOOSE to live in high-risk areas. Its shocking to me that Republicans (who claim to represent personal responsibility and accountability) would play a wierd Robin Hood/Welfare/Redistribution of Wealth game with this issue.
Crist and other republicans who want us all to hold hands and share responsibility for homeowners with the greatest risk might be republicans, but only in regards to subject matters that do not effect their constituents (voters). It\’s all about the popularity contest; rates have to rise, if the gov doesn\’t dance to the tune the locals want to hear, he\’ll be hearing about the peach festival, as in impeachment festivities; even if he doesn\’t believe what he says, he has to sound like he believes it.
How many politicians are there left who actually stick to the convictions? How many wouldn\’t take the baby they\’re kissing and drop it in a well if it would guarantee another xxx amount of votes?
Most republicans aren\’t acting very conservative these days…don\’t even get me started on the rest. It\’s all about pointing fingers, blaming the others, and no taking responsibility. No wonder the same principle sounds great for transfer to insurability; I\’m not responsible for my risk, you should help me afford this.
he says no to everything. He\’s probably had a headache for 6 years straight.
And she was first one on the post. God love ya, Rosie. We\’re in for a fun afternoon today folks. Just hang here for a minute, Rosie. They\’ll be here like flies on honey. Here we go!
\”Lazear said recently enacted Florida legislation aimed at reducing homeowners\’ rates by giving insurers access to cheaper, state-backed backup coverage will drive private insurers away, reducing competition. The plan charges artificially low rates, he said, meaning it will likely require a taxpayer bailout or large assessments on policy holders to cover the next big storm.\”
Again, why should the rest of the country bail out Florida politicians from the results of their bad decisions?
OMG Rosie, two funny comments this week! You are on a roll girl.
Is this where the Rosie party is?
Rosie:
Is this the best you can do?? I am extremely disappointed in you!!!! You can do better, I know you can. Come on-Bush is something more than than a headache maker. Let’s hear it. It’s Friday-its fun day. We need you!!
Hey :)
Linda was looking for me over on the Katrina/AdjusterJoe story…
I said I would let Donnie get the (stupid) last word. I can\’t go back on that now…
Glad to see everyone over here… Drinks are on me tonight… after dealing with Donnie and Joe, I am gonna need A LOT of drinks… and someone to drive me home.
Anyhow, maybe I should stick to the topic at hand? But, I have no comments on it- I just wanted to say hi! :)
Happy Friday!
Hey B! Nice to see you here…
ACE- glad you got a good \”feel\”ing ha ha ha ha ;)
The majority of Floridian\’s do not live in \”ritzy houses on the beach\”. Those that do can AFFORD the cost of insurance. The rest of us hard working people are finding it very TOUGH to pay the prices the companies are charging. Yes, yes, yes I know the companies are there to make a profit and I don\’t have any problem with that. What I do have a problem is with this. I have lived in Florida for almost all my life. Eight years ago when I moved into a different house my windstorm premium was less than $800.00 a year. Last year my premium was $3,500. That does not take into account another $800 a year for HO ins that does not cover wind or flood and another $900 for flood.
Then there is the matter of companies not wanting to write any insurance here and pulling out.
Unfortunately for me and many other Floridian\’s my income is not going up as fast as my premiums are going up.
Florida is not a welfare state and we are not looking for \”handouts\” or a free ride, just a little relief on the rate increases.
I don\’t know what state you live in but please stay there.
Group, I think we have finally converted Rosie to our side. Each new Bush bashing is getting weaker and weaker…..or maybe she is on a diet and has just enough energy left to feed her pie hole!
Boo Hoo Linda. Work harder or sell the boat.
Linda,
I agree with you.
My premium is not nearly as high as yours though. That got me to thinking… I am going next week to meet with my insurance agent to discuss my coverage. Are you the same Linda who posted on the site about Royal Palm? If so, I saw your post there.
I am also glad Jim helped us out so much on that thread.
One question for you… as you know I live in the Central Florida area… I am close to an enormous lake, but no other bodies of water are closer than 30 minutes. Do you live on the coast? I just wondered because my coverage seems to be enough but it\’s far less than yours, so I want to make sure I am not sorry in the end.
Thanks :)
Well the idiots are sure out here today. I work very hard and if I had a boat to sell I would in order to pay the piper.
I hope a tornadao, fire, earthquake or whatever catastophe hits your *** and when your rates skyrocket and your companies pull out we can tell you to put your violin away.
Have a nice day anyway.
Linda, I sure wouldn\’t walk around with my hat in hand asking for a handout. Since I live up north, how about subsidizing my heating bill from this winter…don\’t you know that heating oil and gas prices have skyrocketed??
Sorry, I was asleep having a dream and me and GWB
Andrew cited that this would be a state funded program to relieve FL rates.
Rosie Basher is saying that this would be a national funded program to relieve FL rates.
Which is it?
Jewel, I live in South Florida and have historically, since Andrew have paid the highest rates in the state.
I was not the poster on the Royal Palm thread. I wish I had seen that one.
My only suggestion to you is go over your policies carefully. I had to switch HO policies this year and found out that back up of sewers and drains was not covered on their policy but could be bought for an additional premium of like $25.00 so I had it added. The only thing worse than having your s**t blown/flooded away is it coming back up into your house.
TGIF!
I\’ll make a deal with you. I\’ll help you pay for your insurance when you help me pay for my heating bill ($300 per month) and my property taxes ($9600 per year. It\’s not that we of other states don\’t care, it\’s just that we can\’t afford to help elsewhere when we have our hands full where we are.
Rosie-I don\’t want to buy insurance on my home-maybe I can\’t afford it or maybe I\’d rather buy pot. Either way, if my home burns down would you mind paying to rebuild it? I\’d rather not pay for it myself-it\’s just inconvenient.
If people want to live next to the ocean in the middle of hurricane territory, they should probably buy wind & flood coverage. If they choose not to, they should be prepared to deal with an uncovered loss. Unless the rest of the country is invited to spend a week in their seaside home and enjoy the view I see no reason for the rest of us to reimburse those who see no reason to buy coverage. If you can\’t afford wind/flood coverage you probably shouldn\’t live in a wind/flood (hurricane) prone area.
This dose of rocket-science brought to you by Cut the Crap.
In addition to the high insurance rates we also pay the high gas prices. Granted I do not have a heating problem to face in the winter. I do however have teenage drivers on my policies and also pay very high rates for health insurance for my family.
I am not independently wealthy and insurance is my biggest nut to crack. I am so glad that you have more money than me. And, BTW this was not a state requested program but a national one to cover other things than just hurricanes. Perhaps they should include your heating costs as catastophic.
\”And, BTW this was not a state requested program but a national one to cover other things than just hurricanes\”.
If that is the case why are only the Coastal Senators asking for the plan?
Linda, the point is that its always something somehere..heating up north, hurricanes in the south, Twister in the midwest and earthquakes out west. Each state needs to take car of themselves, since insurance is state regulated and quit asking for everyone else to bail them out. I feel your pain, but there is always someone worst off than you.
How many months out of the year are you paying the $300 for heating costs? Maybe 6? That is $1800.00. Sure I will trade my windstorm bill for your heating bill.
And to the other posters like cut the crap, not everyone lives on the ocean with views of the water. Take a look at a map to see how much of Florida is not on the water.
Maybe we should just put up a \”closed\” sign at the border of Florida and not let any more snowbirds in. Stay up north during your winters instead of invading our state and clogging the highways with your pour driving habits.
Pardon me, but aren\’t we all still bailing out Louisiana and Mississippi from Katrina?
Please don\’t post about my spelling error.
Posted On: April 13, 2007, 2:01 pm CDT
Posted By: Tracy
Comment:
\”And, BTW this was not a state requested program but a national one to cover other things than just hurricanes\”.
If that is the case why are only the Coastal Senators asking for the plan?
To answer your question, I skimmed the article. No, I didn\’t read it all… but I did come across this excerpt:
\”Lawmakers from other Gulf states, the Northeast, and elsewhere have also voiced support for such a national program, which would establish a backup for property insurance similar to a federal program set up for terrorism insurance after the Sept. 11 attacks.\” – article we are posting about
It clearly says the Northeast. Is everyone who lives in the Northeast on the coast? And I presume elsewhere means elsewhere. So it seems like it is not just coastal senators, as you stated. I do not have any further information that I can post in order to assist in this matter.
Thank you
Linda, without our money to spend in Florida and the taxes we pay while there to fund Citizens, you\’d be in a world of hurt. Kiss our rings, and we\’ll come back again next winter
Rosie Basher,
Wouldn\’t it be nice if some of the Floridians would help pay my $500 annual snowplowing contract to help get rid of the 150-200\” of snow that I get annually. Just a few years ago, I was paying $300. Cost has increased 66% over the past 2 years (mostly due to fuel costs and insurance for the plow drivers)
Ask Linda to come up and shovel, while you go down to florida and stay at her place.
You forgot the $9600 in property taxes on a $190,000 assessed house, are you going to handle those too? And, BTW I pay $860 for my home insurance and I live in the state with the highest sales (8.5%), property and income taxes in the nation.
As I said, although I feel for your troubles ours are just as bad if not worse. We can\’t help you if we can\’t barely help ourselves.
I won\’t make fun of your spelling error if you\’ll let me through the border so I can go to Disney World.
:-)
What state do you live in and how big is your house? $9600 is a hellavu lot.
B-
I will let you in so you can visit Disney World. :) You seem like a pretty cool guy.
Tracy-
I agree with you on a few points. But isn\’t that why the coverage would be available to everyone in the nation? Funded by the nation, for the nation? But like I said, I skimmed the article. Seems to me to be a summary of the article. I guess now I will go and read it. I don\’t really want to bail anyone out (unless it is by choice) and I don\’t want anyone to bail ME out either.
But, you realize this happens all the time, right? And since this is tax season, I would like to call your attention to the Earned Income Credit.
Linda,
Sorry if you are not getting the sympathy that you feel you deserve. It would be a prefect world if we all paid $500 for all of our insurance needs, had gas/electric bills of $100 a month, didn’t have to pay any state income taxes, etc. etc. etc. Unfortunately that is not the case.
As a nation we have always come to the assistance of anyone in the event of a natural disaster and I assume we always will. But to ask the nation to subsidize your insurance premiums just because you feel you pay too much… I’m sorry, but I would have a real hard time supporting that.
I would prefer going to Canada in the winter over Florida and deal with the cold and snow. After all 99% of Canadians can speak English and it\’s a much more friendly tourist destination (nobody there goes around *****ing about their insurance costs all the time).
My property taxes are $6,000 a year. So when I do the math we are just about the same levels. So, do what the rest of the world is telling us to do….MOVE!
I live in New York. Between the school taxes, city taxes, town taxes and county taxes I pay $9600 and climbing by the year. That number is not even close to high numbers around here. My parents\’ house has been paid off for years but they still pay almost $1000 a month in escrow for their taxes. In New York even when your home is paid for you don\’t own it, the state does.
Ah C\’mon Jewel. I love the earned income credit. Kids keep eating food but the government mandates that we have to feed them. There they are always trampling my civil rights telling me what to do. It\’s only fair they should take up some of the cost then.
(Everyone did get the tongue in cheek right? You never know…)
B
You are welcome to come to Mickey Mouse\’s house. Only because of your posts on the last thread. Jewel too.
Adjusterjoe and Donnie can stay the hell away.
Its got to be the Molson that keep them canadians happy, eh?
I don\’t wish to move thank you. I chose to live here, therefore I must deal with the outcome of my decision. If everyone did that we wouldn\’t be having this discussion would we?
Holy crud. That\’s unbelievable. You\’re not in the city are you?
Rosie-I live in Texas. We have tornados and hail. I carry wind/hail coverage and pay a pretty penny for it plus it increases my ded. If I lose my home in a tornado (and live) I won\’t be asking ANYONE but my ins company for help. I\’m willing to adjust MY standard of living to protect MYSELF from the risk I bring on MYSELF by MY choice of locale. It\’s called individual responsibility-what part of that don\’t you understand?
Not even close to the city. I live in upstate New York on Lake Ontario, the place that got 10 feet of snow in 2 days this year.
Hey Crappy,
Who are you referring your post too? I don\’t think Rosie said anything like that. She\’s strictly into the Bush/Neo Con conspiracy.
Neither Rosie nor Rosie basher have said anything agreeing with subsidizing others. You are directing your comments at the wrong person/people.
Well, at least you\’re in a pretty part of the country. How big is your home?
One way or another, I\’ve guaranteed the financial viability of the Chrysler Corporation, paid for west coast quakes, mid-west droughts AND floods AND tornados, north-eastern ice storms AND heat waves, international terrorist attacks, and even though Hurricane Hugo tore S.C. a new one; somehow, hurricanes are my problem! Next time we want to start our own country, let us.
I got a real kick out of your post. This is the 25th anniversary of the Conch Republic.
I\’ve always said; Happiness is 100,000 New Yorkers going home with a Canadian under each arm.
1860 sqft on 23 acres
it\’s amazing how many time\’s Rosie gets here first to take a jab and ole\’ W. I\’m startin\’ to think she\’s got some sort of wierd crush on him.
Wow. You guys are getting nailed by the taxs up there.
Well, if it ever gets too bad there\’s always a barrel and Niagra Falls. :-)
Its Friday!! Ready??..
100,000 bottles of beer on the wall, 100,000 bottle of beer, take one down, pass it around, 99,999 bottles of beer on the wall
Congratulations. Can we in the Panhandle apply for admission?
Special Note for our Lattitude Impaired friends; in this context, \”Cracker\” is not a pejorative.
Jeez, I go into a meeting and this thing takes off…
B–I was quoting from the article. The Florida legislature passed legislation to force lower rates by putting the Florida taxpayers on the hook for catastrophe losses, but now they want a national fund to bail them out should a catastrophe occur.
Linda, Don\’t worry I will stay in Tennessee, except when I go to the condo in Florida that I own with a couple of buddies, on which my insurance rates have nearly tripled.
I moved away from my beloved state of Florida in July 2006. One of the prevailing reasons was my rising insurance premiums. When I moved back to my hometown of Merritt Island in 2001 my total annual homeowner\’s premiums were about $800. The same coverage would have cost me over $3000 this year. Thanks to the Citizen\’s fiasco helping the millionaires in Boca Raton & West Palm Beach keep their insurance \”affordable\”, the average working stiff is now getting the screw. I spent 20 years in the Marines and have spent the past 8 years as an insurance professional. I transplanted myself in Las Vegas and my homeowner\’s insurance is now only about $300 per year.
I have always wondered why marines are called jarheads? Care to explain? Yes I admit it I am military ignorant.
Good question, however I do not have a good answer. I surmise it is because of the way the barber takes the razor to the head, leaving the dome with a pattern similar to the top of a jar. Leatherneck I can explain, that comes from the early Marines wearing a leather collar to prevent sword wounds in battle.
If a National Cat Program charges actuarially sound rates to the various states/localities, no subsidies will result, but neither will significant rate decreases. What FL officials driving this really want is a subsidized program, which is why they don\’t get much support from other states.
Florida legislators and the OIR think the problem is insurer and reinsurer profits, so they keep pushing the private market out of the state with government assessment programs masquerading as insurance. Unfortunately, FL residents will find out soon enough the difference between an actual transfer of hurricane risk and a system of post-event assessments.
For those comparing states, according to Property Insurance Report, Florida ranks 4th in the nation for average Homeowner insurance rates, behind Texas, Louisiana, and Oklahoma. As a percent of median income, Florida is 5th, behind the states above plus Mississippi.
Thanks for the answer. I guess that makes sense.
Wow. Go figure.
Jewel-she ripped Bush for not approving a subsidy program. That\’s what we in the United States of the Clear-headed call \”agreement\” and \”support.\”
I must have missed it then. Where did Rosie rip on Bush? What did she say?
Next time there\’s a hurricane that goes thru Florida, let all have a beer or two (or twelve) so that we can rest-up for the next round of FL Bail-out Buffs.
She said \”I hope George treats Laura better. He says no to everything. He\’s probably had a headache for 6 years straight.\”
Not sure how that was interpreted as she is in favor of this idea. I personally think it was sarcasm on her part. But nowhere in that post did she say she was in favor of it. She is anti-Bush after all. I guess it is all about how you read between the lines. I guess that\’s what happens when you live in the United States of make believe. (I was going to post that in a nicer way, but what the heck… cut the crap was rude to me first).
I read a real good article that applies here. It said that subsidized insurance and catastrophe insurance just encourages dangerous behavior. If you have to assume the costs of your behavior and cannot look to others for help you will not be as likely to live in a dangerous way. I hear all your complaints but in this country you are free to live and work wherever you please. If you live in a dangerous, expensive area and cannot afford it-leave. I have read all of these postings and I feel so blessed. I live in Calif 250 miles from LA, 200 miles from SF and 100 miles from the coast. No earthquate danger, no flood or hurricanes, no tornadoes, lots of sunshine and 1 hour from Yosemite. I pay $1200/yr property taxes, $400.00 for property insurance, own my home outright in a nice neighborhood and cannot conceive of the problems you people have. If I had your problems I would move. Maybe that is why everyone moves east to west. Do not believe all you hear about Calif. This is truly paradise.
Oh.
I thought I somehow missed a rosie post or she said something that was deleted.
Crappy sure made a big noise about that. I was expecting something good.
C\’mon Rosie…Where are you, girl??? You are letting all these people get their comments in without responding! I, for one, want to see what you have for us. Give it to \’em!!!! To all the rest of you, where is your support for Rosie???
It seems like Rosie has left the building.
You\’re right, but I can understand why it\’s so hard for people who have lived there a long time. Homeowners insurance in general and hurricane risk in particular were dramatically under-priced until the mid-90\’s. Since then, companies have struggled toward rate adequacy at the same time hurricane activity increased and coastal population growth exploded (this impacts insurer capital and reinsurance costs). It\’s really not so much the LEVEL of hurricane rates as much as the CHANGE in rates that is causing hardship.
\”…the fund would cover all types of catastrophes in every region, such as earthquakes.\” What a joke… how do you explain to someone in Ohio that they\’ll have to subsidize property insurance for someone who choses to live below sea level in a hurricane prone area? Or the guy in the $130k home in Ohio who has to subsidize property insurance for the guy with the $1.5m beach-front estate? Ohio gets a +/- 3.0 earthquake every 10 years, a dozen or so minor tornadoes, remnants of a hurricane causing minor flooding every 40 years, no large scale wildfires in recent recorded history, etc. It\’s rediculous to suggest the country subsidize people who CHOOSE to live in high-risk areas. Its shocking to me that Republicans (who claim to represent personal responsibility and accountability) would play a wierd Robin Hood/Welfare/Redistribution of Wealth game with this issue.
It\’s only weird until you realize that the Republicans no longer stand for what they claim they stand for.
Empirical evidence shows that (as currently constituted) the Republican Party should be re-named the National Socialist Democratic Party.
Crist and other republicans who want us all to hold hands and share responsibility for homeowners with the greatest risk might be republicans, but only in regards to subject matters that do not effect their constituents (voters). It\’s all about the popularity contest; rates have to rise, if the gov doesn\’t dance to the tune the locals want to hear, he\’ll be hearing about the peach festival, as in impeachment festivities; even if he doesn\’t believe what he says, he has to sound like he believes it.
How many politicians are there left who actually stick to the convictions? How many wouldn\’t take the baby they\’re kissing and drop it in a well if it would guarantee another xxx amount of votes?
Most republicans aren\’t acting very conservative these days…don\’t even get me started on the rest. It\’s all about pointing fingers, blaming the others, and no taking responsibility. No wonder the same principle sounds great for transfer to insurability; I\’m not responsible for my risk, you should help me afford this.
truth spoken chad!!!!!!