CBS4’s Bobeth Yates reports on the high costs for Broward and Miami-Dade homes, and how you can’t get coverage.
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9.1 = recession……durrr. good job voting for democrats…….hahaha!
Rent has never decreased no matter what the housing market is. For insurance, people also need to educate themselves. People don't know what an insurance agent is or that homeowners insurance is like your car insurance, it's not a maintenance program. You need to maintain your home just like you do your car.
Citizens insurance is crap , have you read the policies? The insurance companies are crooks insurance is for whatever the policy says its for not what people who are ignorant believe it says. If the insurance companies were so honest they would send an adjuter out after every storm, they expect you to report it when most can't and don't understand their policy in the first place. Insurance it to keep the property up period or otherwise why pay for insurance?
Greedy lawyers and roofing contractors messed it up. Insurance is not there to give you a free roof every 20 years. Assignment of benefits is a nightmare.
The savage side of uncheck capitalism
Anyone hear the news guy mess up and say $22k
In December I live free in Florida in my camper.
It Is All About GREED. Almost 2 years how many homeowners didn't pay mortgages with escrows, 5 1/2 million households. Number of open cases for insurance cases under 300 yep three hundred in Florida. Research ,they are trying to recoup the losses during the closures. It is not only hurting the homeowners but renters heavily, the people haven't even recovered financially for all this greed by corporations.
Prices are in a bubble! Somehow that needs to correct
So if citizens is the last resort, what are banks going to do with loans on properties that can't get coverage?
If I was an insurance company, I wouldn't insure a swamp or marshy property that could unexpectedly open up at any given time.
Maybe if they homes fake property value want so high insurance wouldn’t drop them. Home value have doubled in 1yr. Whoever buys property in Miami dade is being robbed. .
If there wasn't worried about all this other dumb stuff and start concentrating on the stuff that we actually need to get done there would have been get the stuff done but they concentrate on all this dumb stuff