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Another Desantis Casualty - Farmers Has Left The Building [1]
['This Content Is Not Subject To Review Daily Kos Staff Prior To Publication.']
Date: 2023-07-11
Just read on Raw Story that Farmers Insurance announced today it was dropping all home and auto policies and Florida and leaving the state.
The 4th insurance company to exit FL in the last year. Too much cost of repairing hurricane damage from that pesky climate change thingie that doesn’t actually exist according to the GQP and Desantis.
FL homeowners have the highest premiums in the US already and this will worsen the situation. From what I understand they pay 3-5x the rate most people pay. So my approximately $1350 a year policy would be about $4000 if I owned a home in FL instead.
This also places that much more stress on the so called “Citizens Insurance” which I believe is state / taxpayer funded and already has performed very poorly for those who have it.
GQP is taking a big risk with FL just tra-la-la-ing along pretending the problem doesn’t really exist. The situation is pissing off a lot of people and a couple major hurricanes blasting through leaving big damage and destruction behind them without much time in between could leave the system in collapse and a lot of people thinking maybe just maybe might be better to vote Dem in 2024.
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[1] Url:
https://www.dailykos.com/stories/2023/7/11/2180632/-Another-Desantis-Casualty-Farmers-Has-Left-The-Building
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