Wonder how Florida residents are going to make out with insurance is high some can't afford it

[Historic NY]

and Desantis has done nothing to rein in the outrageous prices Over near Largo there are lots of rotting FEMA trailers from more than a decade ago.

[mitch96]

1. I just saw Biden's speech about relief. If you have no insurance the Fed Govt will grant

$37,000 for repairs. I hope the residents of my state remember this come November.
No paper towel tossing involved.
m

[Effete Snob]

2. I may be naive, but don't insurance rates reflect risk, to some extent?

I live in an area in which, once in a long while, floods rise above undeveloped flood plains (for that reason), but we don't get significant earthquakes, tornadoes, wildfires or other large-scale wonders of nature.

I would expect the cost of insurance reflects the relative incidence of these sorts of things, no?

[Phoenix61]

4. It tends to reflect how much the insurance regulators

will let them get away with.

[Chainfire]

3. Insurance companies want to cherry pick.

They do not want to write insurance in places where you need it, but are happy to sell policies in low risk areas. I told the homeowners insurance business to go to hell earlier this year. I will assume my own risk and they can do without my premiums. I just wish I had made this choice 50 years ago.

There was a time in Florida, where we had a strong insurance commission that kept the companies in check. That sailed away with Democratic governance.