3 ms·

Wow, I had always worried about not being able to afford the taxes on a home, but I never considered also not being able to afford the insurance.

SigmundA 3y ago
Living in Florida nobody is talking about property taxes but homeowners insurance is driving people out. It's more than doubled for everyone we know in the last few years along with most insurer requiring a new roof if more than 15 years old, this usually comes up when trying to sell the house and new owners are trying to find insurance.
- RSHEPP 3y ago
  same in Texas. BIL told me that he has been writing policies in the $5k-$7.5k range this year. And those are the best quotes some people are getting on their cheap mansions.
- bombcar 3y ago
  Did something change in roof building about 15 years ago? Are older roofs more susceptible to being ripped off in a tornado? Around here they just write a roof exclusion if it's too old, and hail doesn't get you a "free roof".
  - hristov 3y ago
    Roofs just do not last that long in florida. Hurricanes and floods are getting worse because of global warming, so they last even less. And yes an older roof is more susceptible to leaking, damage, etc.
    - deleted 3y ago
      [deleted]
    - MichaelZuo 3y ago
      Roofs on airplane hangers last fine for at least 30 years in Florida… maybe not visually since they do get repainted but certainly fine enough for aircraft owners and their insurers.
  - SigmundA 3y ago
    I believe it has something to do with a law past a couple of years ago that they cannot deny based on roof age if less than 15 years so now they are denying everything over 15 years. There is something related to the sticky membrane they put down first now days that helps with hurricane damage and there was also a significant amount of people getting insurance to pay for new roofs after even minor storm damage that occurred due to the way the law was or is structured, roofer where going around finding anyone with minor damage and getting new roofs put on filing claims.
    - GenerWork 3y ago
      Florida had a huge problem where unscrupulous lawyers and roofers would go around to homeowners and say "We can get you a new roof for free!". Homeowners would sign over their negotiating rights to the lawyer/roofer, they'd sue insurance saying that a roof was needed, and so the homeowner would get a new roof and the lawyer/roofer would get a nice profit. This is very costly to insurance, and I think last year the legislature passed a law forbidding this method.
      - Kon-Peki 3y ago
        That happens everywhere though. We had some tornadoes go through a few weeks ago. My house had some minor hail and 50-60 mph winds. No damage. Yet plenty of letters in the mail offering to handle getting me a new roof. The difference is that Florida used to make it really easy to force the insurance company to pay even when nothing was wrong.
  - KennyBlanken 3y ago
    Yes - there's a bunch of building techniques for resisting uplift forces. Florida building code has been improved over the years with features to resist shingle detachment, roof uplift, and speed drying of the roof after water ingress to prevent mold.
  - GenerWork 3y ago
    The idea is that 15 years is the oldest a roof should be due to the wear and tear that it gets from the harsh Florida environment. I should also mention that this timeframe can differ for different roofing materials (metal, tile generally have longer lifespans than shingles).
  - throw0101c 3y ago
    > Did something change in roof building about 15 years ago? Are older roofs more susceptible to being ripped off in a tornado? The base standards may have been raised: * https://fortifiedhome.org/roof/ https://fortifiedhome.org/roof/ * https://www.youtube.com/results?search_query=fortified+roof https://www.youtube.com/results?search_query=fortified+roof (Or, even if it's "good enough" for the building code, it is not good enough for the insurance companies.)
- KennyBlanken 3y ago
  Good. My insurance premiums (and to a huge degree now, taxes) shouldn't go to pay for people who keep rebuilding in a swamp that is routinely leveled by hurricanes. Especially not when those people not only don't believe in climate science but support elected officials who attempt to ban climate science from policy, education, etc. Just because there's land somewhere doesn't mean society has to support you building there. I'd say the same to people who put houses on seashores, or cliff faces where there is landslide risk.
  - GenerWork 3y ago
    What about wildfires and earthquake risks?
    - geodel 3y ago
      Simple, don't build on earth. I don't see climate science is against living on Mars or such.
    - BobaFloutist 3y ago
      Earthquake risk is largely not the problem. Wildfire risk is the same deal though, our insurance and electricity costs are incredibly inflated to subsidize the small fraction of the population that wants to live in the wilderness.
  - geodel 3y ago
    Well Californians and their politicians do support climate science so your taxes can go there at least.
  - quickslowdown 3y ago
    I do agree with you, but I can also appreciate that this is the purpose of insurance. It's perverted to a point where it no longer serves its intended purpose, but on paper, this is how it should work. We all pool money together, some people use it more (if they live in Florida, for example), but we're all paying in just in case we end up needing it. Because insurance companies are fucking ghouls, the system doesn't work that way, which is why I agree with you considering the current system.

SigmundA 3y ago

Living in Florida nobody is talking about property taxes but homeowners insurance is driving people out. It's more than doubled for everyone we know in the last few years along with most insurer requiring a new roof if more than 15 years old, this usually comes up when trying to sell the house and new owners are trying to find insurance.

RSHEPP 3y ago
same in Texas. BIL told me that he has been writing policies in the $5k-$7.5k range this year. And those are the best quotes some people are getting on their cheap mansions.
bombcar 3y ago
Did something change in roof building about 15 years ago? Are older roofs more susceptible to being ripped off in a tornado? Around here they just write a roof exclusion if it's too old, and hail doesn't get you a "free roof".
- hristov 3y ago
  Roofs just do not last that long in florida. Hurricanes and floods are getting worse because of global warming, so they last even less. And yes an older roof is more susceptible to leaking, damage, etc.
  - deleted 3y ago
    [deleted]
  - MichaelZuo 3y ago
    Roofs on airplane hangers last fine for at least 30 years in Florida… maybe not visually since they do get repainted but certainly fine enough for aircraft owners and their insurers.
- SigmundA 3y ago
  I believe it has something to do with a law past a couple of years ago that they cannot deny based on roof age if less than 15 years so now they are denying everything over 15 years. There is something related to the sticky membrane they put down first now days that helps with hurricane damage and there was also a significant amount of people getting insurance to pay for new roofs after even minor storm damage that occurred due to the way the law was or is structured, roofer where going around finding anyone with minor damage and getting new roofs put on filing claims.
  - GenerWork 3y ago
    Florida had a huge problem where unscrupulous lawyers and roofers would go around to homeowners and say "We can get you a new roof for free!". Homeowners would sign over their negotiating rights to the lawyer/roofer, they'd sue insurance saying that a roof was needed, and so the homeowner would get a new roof and the lawyer/roofer would get a nice profit. This is very costly to insurance, and I think last year the legislature passed a law forbidding this method.
    - Kon-Peki 3y ago
      That happens everywhere though. We had some tornadoes go through a few weeks ago. My house had some minor hail and 50-60 mph winds. No damage. Yet plenty of letters in the mail offering to handle getting me a new roof. The difference is that Florida used to make it really easy to force the insurance company to pay even when nothing was wrong.
- KennyBlanken 3y ago
  Yes - there's a bunch of building techniques for resisting uplift forces. Florida building code has been improved over the years with features to resist shingle detachment, roof uplift, and speed drying of the roof after water ingress to prevent mold.
- GenerWork 3y ago
  The idea is that 15 years is the oldest a roof should be due to the wear and tear that it gets from the harsh Florida environment. I should also mention that this timeframe can differ for different roofing materials (metal, tile generally have longer lifespans than shingles).
- throw0101c 3y ago
  > Did something change in roof building about 15 years ago? Are older roofs more susceptible to being ripped off in a tornado? The base standards may have been raised: * https://fortifiedhome.org/roof/ https://fortifiedhome.org/roof/ * https://www.youtube.com/results?search_query=fortified+roof https://www.youtube.com/results?search_query=fortified+roof (Or, even if it's "good enough" for the building code, it is not good enough for the insurance companies.)
KennyBlanken 3y ago
Good. My insurance premiums (and to a huge degree now, taxes) shouldn't go to pay for people who keep rebuilding in a swamp that is routinely leveled by hurricanes. Especially not when those people not only don't believe in climate science but support elected officials who attempt to ban climate science from policy, education, etc. Just because there's land somewhere doesn't mean society has to support you building there. I'd say the same to people who put houses on seashores, or cliff faces where there is landslide risk.
- GenerWork 3y ago
  What about wildfires and earthquake risks?
  - geodel 3y ago
    Simple, don't build on earth. I don't see climate science is against living on Mars or such.
  - BobaFloutist 3y ago
    Earthquake risk is largely not the problem. Wildfire risk is the same deal though, our insurance and electricity costs are incredibly inflated to subsidize the small fraction of the population that wants to live in the wilderness.
- geodel 3y ago
  Well Californians and their politicians do support climate science so your taxes can go there at least.
- quickslowdown 3y ago
  I do agree with you, but I can also appreciate that this is the purpose of insurance. It's perverted to a point where it no longer serves its intended purpose, but on paper, this is how it should work. We all pool money together, some people use it more (if they live in Florida, for example), but we're all paying in just in case we end up needing it. Because insurance companies are fucking ghouls, the system doesn't work that way, which is why I agree with you considering the current system.