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Florida Residents Flee State as Insurance Premiums Skyrocket up to 900% (www.newsweek.com)

submitted 1 year ago by [email protected] to c/[email protected]

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The skyrocketing cost of insurance premiums in Florida is leading residents to drop their insurance, consider selling their home, and even move out of the state, according to recent reports.

For years now, the sunny, vibrant state has been a magnetic destination for many Americans—a phenomenon which has been driving up demand for housing, especially during the pandemic, as well as home prices.

But while Florida was the number one state in the country that people moved to in 2022, it was also the one with the highest number of residents wanting to relocate, according to a SelfStorage.

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[–] [email protected] 40 points 1 year ago (1 children)

That's the free market meeting climate change. It will get worse.

[–] [email protected] 15 points 1 year ago (1 children)

You voted for it.. You get what you get, and you don't get upset.

[–] [email protected] 4 points 1 year ago

Actually I very specifically voted against it, but my vote wasn't enough. I'm really hopeful that the GOP will finally just implode now that the MAGAts and the more traditional trickle-down conservatives are at each others throats, but I'm also not naive enough to think that's guaranteed or even likely. With the luck we've been having lately most likely some even worse more virulently stupid and corrupt version of the GOP will rise from the ashes.