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It's retribution for the billions paid in claims yes. If at any point an insurer is paying out more than like 80% of the fees they are taking in, they are going
by brianwawok 3y ago
It's retribution for the billions paid in claims yes. If at any point an insurer is paying out more than like 80% of the fees they are taking in, they are going to either jack rates or pull out of the area.
I think this is 100% fair, and the alternative that I should have my tax money go from BFE to subsidize beachfront living is insane. I am 100% fine with people living literally anywhere, but until every square inch of land is used - there is no reason people MUST live on the beach in a hurricane zone.
- deleted 3y ago[deleted]
- _ea1k 3y agoThe hail chasers aren't only lurking around beaches. It is a trend happening throughout the country and leading to a lot of roof replacements.