When they tell you that “if you are going to ride out the storm make sure you write your name on your arm so they can identify you”
That’s scary.
This one looks like the real deal.
I have friends in the Ft Meyers area that have been hit 2 in the last couple years and looks like they will be getting hit again.
I have a friend who has dual residency in MN and FL. They have a place in the Naples area and had to basically rip everything out after Ian and rebuild the inside of their home. Latest track puts the worst part a bit north but they will still be impacted. He and his wife are also licensed realtors in both states. What a nightmare it’s become down there for property and insurance.
I also know someone who has dual residencies and was down there trying to deal with the damage from the last one and was told to evacuate on Monday. This is why places like that are nice to visit but would never want to live there.
This is why places like that are nice to visit but would never want to live there.
Agreed
They will rebuild and another one will wipe it out all over again. And people will be surprised by another Cat 4 hurricane. 
They have done model runs over the years of where the worst possible major hurricane could hit and this is the exact path its going on. Prayers to all!
if folks in the danger zones stay, then they are on their own imo… if they then ask for help they are purposely endangering rescue crews… they’ve had DAYS to get the F out of there…
Not sure how Florida survives after this economically…What insurance company in their right mind would still offer plans for Florida residents, at least to those within X range of a coastline…
What insurance company in their right mind would still offer plans for Florida residents, at least to those within X range of a coastline…
I saw a thing on 60 minutes a couple weeks ago about this very subject. Many large insurance companies have left the state (and other high risk states) because of the cost after a hurricane or wildfire comes through. So a bunch of smaller insurance companies have come in and taken up that business. The problem is that these smaller companies don’t have the capital to cover catastrophic home loss, so they refuse to pay. And then it gets tied up in court for years. Meanwhile, the home owners see another one coming across the Gulf…
Simply become a rich boys paradise. They’ll be able to pay the premiums and will build back to more secluded properties buying up those that can’t. Where there is catastrophe there is is opportunity, if you ya got the dough!
Until government gets involved, mandates companies to insure or bails em out, than it’s just a rinse and repeat for the next.
Prayers to the best outcome of safety for everyone.
Simply become a rich boys paradise. They’ll be able to pay the premiums and will build back to more secluded properties buying up those that can’t. Where there is catastrophe there is is opportunity, if you ya got the dough!
Until government gets involved, mandates companies to insure or bails em out, than it’s just a rinse and repeat for the next.
Prayers to the best outcome of safety for everyone.
maybe, but it’s a losing strategy, especially with the increased storm frequency & power now…
Question… Do you have to have insurance if you own your home out-right? In the upper midwest, besides the random hail on the roof or the very small chance of a tornado. Im guessing one would be better off not having insurance and investing their premium money in the market.
Just a thought, I honestly dont know the answer
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