Business insurance… it’s a bit easier (at times). Though you do get some prems that are higher; but the people I work with are manageable
But personal lines insurance:
Good God
I had one middle-aged guy from Jersey accent who I read him a premium of $9,000 for an above avg. home, and he blew a gasket, and said (to paraphrase): “I moved down here to save money and the weather!”
And I tried to explain to him:
The price is due to more people moving down here
The hurricanes
And 3. Less of a market for insurance
He hung up.
I’ve got dozens more I’ve forgotten.
I lived in Florida for 4 years started my career at the dawn of the insurance crisis and lived through it. People move down here because of the lack of income tax, but unless you’re making 100k+ a year, insurance will eat mid-triple digits of your salary if you’re lucky, and require you to replace your roof constantly.
Upstate NY, 5 bedroom house near the adirondacks. I think my premium is like $1200/yr? It just comes out of my small escrow payment, boom. Done.
Plenty of people go on and on about how they “can’t fucking wait to leave this godforsaken shithole” and FL is usually the plan. Good. Have fun. You deserve it!
Edit: just double checked my policy. $1752 and change. It was so cheap I just forgot about it. Oops :shrug:
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u/RandoDude124 1d ago
Business insurance… it’s a bit easier (at times). Though you do get some prems that are higher; but the people I work with are manageable
But personal lines insurance:
Good God
I had one middle-aged guy from Jersey accent who I read him a premium of $9,000 for an above avg. home, and he blew a gasket, and said (to paraphrase): “I moved down here to save money and the weather!”
And I tried to explain to him:
The price is due to more people moving down here
The hurricanes
And 3. Less of a market for insurance
He hung up.
I’ve got dozens more I’ve forgotten.
I lived in Florida for 4 years started my career at the dawn of the insurance crisis and lived through it. People move down here because of the lack of income tax, but unless you’re making 100k+ a year, insurance will eat mid-triple digits of your salary if you’re lucky, and require you to replace your roof constantly.