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11-14-2006, 02:29 PM
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Banned
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Join Date: May 2006
Location: Florida but not for long :) :)
1,130 posts
Reputation: 50
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Here's a quote on Insurance for you
As some of you know already, we sold our home and are closing next week.
We got hit with Hurricane Charley in Aug. 04. Our insurance went up about $350.00. We pay apprx. $1400 a year. The new owner is getting quotes for the insurance of over $3,500.!!!!!
This is why we are getting out of Florida. Let's see how the new Governer-elect is going to fix this problem. I don't see any help in the future here for the insurance crisis.
Do your homework first before buying a home here. Even the taxes are going up for the new owner. It's terrible.
They can afford it, but they weren't expecting it to be so high.
Don't listen to people that tell you it's affordable here.
It isn't anymore. You need a really great salary to make it here in Florida because if you come down here now and think it's going to be paradise, think again.
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11-14-2006, 02:50 PM
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Sunshine And Palm Trees
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Join Date: Mar 2006
Location: Minnesota
5,258 posts, read 1,816,583 times
Reputation: 7858
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That is what alot of us have been saying all along. We were going to move to florida got our approval and decided to check insurance rates for a few properties we were interested in and we were floored..this was in early may and the agent we talked to said it could double in july,the quote we got was 2700..doubled 5400,granted this was in pasco county and only citizens was insuring there.
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11-14-2006, 02:56 PM
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Banned
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Join Date: May 2006
Location: Florida but not for long :) :)
1,130 posts
Reputation: 50
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It's not worth it. If we want sunshine and warm weather, we will take a cruise~!  |
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11-14-2006, 03:30 PM
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Waiting to pick up the pieces from the crash
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Join Date: Oct 2006
Location: Key Largo
6,235 posts, read 5,414,201 times
Reputation: 2031
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That's the best way, come to Florida for a vacation only or just to board a cruise ship. If I had my way insurance would be even more expensive. That would scare off the speculators for sure!
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11-14-2006, 03:46 PM
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Banned
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Join Date: May 2006
Location: Florida but not for long :) :)
1,130 posts
Reputation: 50
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LOL!!!! I agree with you! Don't you just love the ads on TV for these new communities.... "Fiddlers Creek, homes starting in the $600,000's) Ah, what a joke that is.
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11-14-2006, 04:08 PM
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Sunshine And Palm Trees
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Join Date: Mar 2006
Location: Minnesota
5,258 posts, read 1,816,583 times
Reputation: 7858
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I've seen those commercials when we go vacation in naples,and no we are not rich and I'm sure we would probably never fit in anyhow,but I love the area,the gulf,the palm trees the gorgeous plants and we always do the casino thing. But we could never afford it.Oh well
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11-14-2006, 04:21 PM
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Senior Member
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Join Date: Aug 2006
Location: WPB, FL. Dreaming of Oil city, PA
2,909 posts, read 4,181,742 times
Reputation: 643
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Quote:
Originally Posted by bamboosmom
It's not worth it. If we want sunshine and warm weather, we will take a cruise~!
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You can get the same in Georgia and Texas 
Quote:
Originally Posted by bamboosmom
LOL!!!! I agree with you! Don't you just love the ads on TV for these new communities.... "Fiddlers Creek, homes starting in the $600,000's) Ah, what a joke that is.
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Actually this is for real. I was looking in the newspaper and most of the new communities in south Florida are around half million
Hurricane insurance is scaring people away. If your rich and can buy with 100% down you can forgo hurricane insurance |
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11-14-2006, 04:28 PM
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Banned
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Join Date: May 2006
Location: Florida but not for long :) :)
1,130 posts
Reputation: 50
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I wouldn't be making that up!
Quote:
Originally Posted by Need_affordable_home
You can get the same in Georgia and Texas
Actually this is for real. I was looking in the newspaper and most of the new communities in south Florida are around half million
Hurricane insurance is scaring people away. If your rich and can buy with 100% down you can forgo hurricane insurance |
These are the new communities and their prices. What do these developers think they have here?? Not worth 2 cents if ya ask me. |
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11-14-2006, 07:27 PM
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Senior Member
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Join Date: Aug 2006
Location: WPB, FL. Dreaming of Oil city, PA
2,909 posts, read 4,181,742 times
Reputation: 643
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Im confused. Florida has much higher insurance and house prices. Thats their prices. The developers get the land for a good deal in Georgia and construction costs are less as well.
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11-14-2006, 07:37 PM
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Banned
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Join Date: May 2006
Location: Florida but not for long :) :)
1,130 posts
Reputation: 50
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Florida is doing something very wrong
Ya see, if you have all these more-ons running the state, that's what's going to happen. High insurance, high home prices, bad salaries for the workers.
Maybe they should start taking advice from Georgia politicians.
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