Florida Homeowners Insurance Costs May Just Destroy The Florida Real Estate Market! Or Not.

Рет қаралды 52,717

Күн бұрын

Many insurance companies in Florida have dropped coverage, gone bankrupt, and left Florida. Florida homeowners insurance costs are increasing at a dramatic rate making some people not being able to afford to live in Florida anymore. Many of those may leave Florida to live in a place that is more affordable such as Georgia or South Carolina unless something is done in Florida to help homeowners with insuring their home. In this video, we will speak about the state of the home insurance market in Florida with an insurance agent. If you own a home in Florida or you are thinking of buying a home in Florida, this video will provide you with the latest updates and insights.
Contact Jennifer Osiwala for home insurance questions: +1941-373-5287
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00:00 - Homeowners Insurance Situation
01:01 - Intro Conversation
02:13 - Is the FL Government helping?
03:22 - Will Prices Come Back Down?
05:34 - What Drives Home Insurance Costs?
07:07 - Roofs!
09:26 - Yearly Increase Cap?
11:17 - Hurricane Resistant Windows and Shutters
13:06 - Is It Usual For Carriers To Drop Coverage?
14:14 - What Is A Surplus Line?
15:53 - The After Effects Of Hurricane Ian!
18:40 - Setting The Record Straight!
20:03 - Final Thoughts

Пікірлер: 624

@lauralampe1664 11 ай бұрын

Thank you for posting this video Katrin. Hopefully, homeowner's insurance rates will start coming down in Florida if I move to inland Central Florida by late 2024/early 2025. I think I know the KZfaq channel you are referring to hyping the Florida homeowner's insurance situation. It's pretty obvious this person is trying to drum up business for their real estate business in another state.😮

@katrintherealestateguide 11 ай бұрын

that's the video :)

@s99614 11 ай бұрын

Jerry Pinkas

@myk55501 11 ай бұрын

Hey, No I'm in central Fl. and a Floridian my auto and home is going up again also electric DUKE sucks. Then add property taxes increases I would look at other states even cold ones new england . Big companies are starting to pull out Banks, Insurance companies. If we get another hurricane game over mortgages would be in default with no insurance.

@mikeforte7585 11 ай бұрын

@@myk55501I have been living in Central Florida for 50 years...my homeowners insurance went up 150%....driving is utter hell....so car insurance is insane...I was just up north and they think I live in the land of the supernatural...my friends who live here just laugh at the BS people up north think about this place...every thing is way over priced...nobody lives the fantasy life style they think we do...u don't buy houses u over bid on the them..I've had friends killed...stuff stolen from my house..the roads have weekly fatalities..

@charlieporch3181 11 ай бұрын

Prices will never come down in Florida. Too many claims.

@SophiaChristian-so2of 9 ай бұрын

I’m closing in on my retirement and I’d like to move from Minnesota to Florida, but the prices on homes are stupidly ridiculous and Mortgage prices has been skyrocketing on a roll(currently over 7%) do I just invest my spare cash into stock and wait for a housing crash or should I go ahead to buy a home anyways.

@JenniferDrawbridge 9 ай бұрын

Interest rate is currently at 4.75%(8th rate hike since March last year) Inflation at 7% and mortgage rates is at over 7.5% but yet minimum wage remains the same and my retirement portfolio has suffered tremendously these past years, so my question is how do senior citizens retire and live off such unstable economy. The long term game is obviously not for me at this point.

@AntonioBianh 9 ай бұрын

A recession as bad it can be, provides good buying opportunities in the markets if you’re careful and it can also create volatility giving great short time buy and sell opportunities too. This is not financial advise but get buying, cash isn’t king at all in this time!

@MarkFreeman-xi3rk 9 ай бұрын

On the contrary, even if you’re not skilled, it is still possible to hire one. I am a project manager and my personal portfolio of approximately $750k took a big hit in April due to the crash. I quickly got in touch with a financial-planner that devised a defensive strategy to protect and profit from my portfolio this red season. I’ve made over $350k since then.

@cythiahan8455 9 ай бұрын

@@MarkFreeman-xi3rk I've been thinking of going that route been holding on to a bunch of stocks that keeps tanking and I don't know if to keep holding or just dump them, do think your Inv-coach could guide me with portfolio-restructuring as i wouldn’t mind a recommendation.

@MarkFreeman-xi3rk 9 ай бұрын

Actually, I've shuffled through a few advisors in the past, and Margaret Johnson Arndt remains the most resourceful thus far. Her strategy proves profitable, and sustainable both in a bull & bear market. Most likely, her deets can be found on the net, so you can confirm yourself.

@danielrichter465 11 ай бұрын

Thank you for the video, I found out that investing is not for everybody, you just need a strong stomach too see your portfolio go down. It might be wiser for a novice to start with copy trading investing, but it is not easy. To invest in growth stocks it is another level, definitely you need to know what are you doing.

@danielrichter465 11 ай бұрын

From my own point of view, you need to invest smartly if you need the good things of life. so far i've made over $255k in raw profits from just 6 months into the market from my diversified portfolio strategy and i believe anyone can do it you have the right strategy, mutual funds takes long time but investing smartly is the key for short term. Most of us tend to pay more attention to the shiniest position in the market to the cost of proper diversification.

@katrinatyler675 11 ай бұрын

This is a phenomenal advice for a new stock traders and investors who want that quick short term game, but don't see the light at the end of the tunnel.

@danielrichter465 11 ай бұрын

My portfolio is very much diversified so it's not like i have a particular fund i invest in, plus i dont do that by myself. i follow the trades of Mrs Karen Gaye Gray.

@danielrichter465 11 ай бұрын

She is a popular broker you might have heard of. I can correctly say she's worth her salt as a financial advisor as her diversification skills are top notch, because i see that in her results as my portfolio grows by averages of 10 to 15% on a monthly basis, unlike i can say for my IRA which has just been trudging along, my portfolio just mirrors what she trades and not just on some particular industries of my choosing.

@danielrichter465 11 ай бұрын

Yes, exactly. It's all programmatic and automated, plus it's relatively much easier to set up and connect my accounts than creating a financial plan and drafting investment strategies myself, my account just mirrors her trades in realtime.

@Michael-we9vp 11 ай бұрын

My homeowners insurance just went up to $4277.00. I live in Lakeland and only have a 1760 sq ft house...This is getting scary!

@katrintherealestateguide 11 ай бұрын

@johnboy6594 11 ай бұрын

My friend is going to build a 2 million dollar home on a canal in Marco Island. What numbers is he looking at ?

@katrintherealestateguide 11 ай бұрын

@@johnboy6594 Call a home insurance agent. Maybe call Jennifer Osiwala.

@ER-me1ii 11 ай бұрын

@@johnboy6594 if he’s rich enough it’s better if he self insures.

@Gardis72 11 ай бұрын

@@johnboy6594 If he's building a 2 million dollar home, he couldn't care less what the insurance costs. ;And if he did, he cannot afford the home in the first place.

@marks6072 11 ай бұрын

News Flash... Home owner Insurance prices are NOT going down in FL... Best case scenario is a leveling off but unlikely..

@kristineparrotta2456 11 ай бұрын

Yup! Especially onse another hurricane hits, and it will!!! Insurance carriers left the state for a reason,..

@katrintherealestateguide 11 ай бұрын

time will tell...

@ER-me1ii 11 ай бұрын

The homeowners are getting raped and Desantis is in the pocket of the insurance lobby. Bought and paid for. I voted for him twice!!

@kgriff5537 11 ай бұрын

Spot on. I don't know where all that optimism comes from😀. I'm already starting to look at other places outside the States for my retirement. It ain't gonna be here which is a shame because that was the idea when I moved here from NYC 20 years ago. I think you'll start seeing panic start setting next year when they hit us with another 10 percent increase after the large increase this year. This idea about changing roof every 10 years is another way they're letting insurance companies just dictate everything at the expense of policyholders.

@naturelover2292 11 ай бұрын

@@kgriff5537not to mention electric bills are also rising, car insurance premiums are rising. They are getting us everywhere they can.

@VINCI52 11 ай бұрын

This is the price one pays for living in a hurricane prone state.

@katrintherealestateguide 11 ай бұрын

True

@dougs7367 11 ай бұрын

And run by Republicans who do not fight to help the common people

@theheat7880 11 ай бұрын

So informative. Thank you to Jennifer as well!

@katrintherealestateguide 11 ай бұрын

Yes, she is very insightful :)

@jennyosiwala 11 ай бұрын

Thank you for watching.

@cadencechrome4783 11 ай бұрын

I appreciate all the up to date info. A good insurance agent is key! They are the current experts. Lots to think about and appreciate the heads up!

@katrintherealestateguide 11 ай бұрын

Happy you enjoyed it 😊

@marilynallen644 10 ай бұрын

I live 70 miles from the coast and my insurance went from 3400 to 8400 and never had a claim

@katrintherealestateguide 10 ай бұрын

:( sorry, that's tough

@johnbennett757 11 ай бұрын

Hurricane Ian caused $50 billion in damages. That amounts to $2,000 for every Florida resident. There is no guarantee that Florida will not get hit by a similar hurricane this year. Insurance companies are not charity providers. They need to cover their costs. Many insurance companies have abandoned the Florida market. Collectively we have to properly assess the risks and assign the costs appropriately. I can see how many people complain that they live far from the coast. Well currently they are subsidizing beachfront property. Personally these beachfront property owners need to pay the full and true cost of their property.

@commonsense6967 11 ай бұрын

Bingo. This needs to happen!

@anthonyvarone5526 11 ай бұрын

Sure does!!!

@ucsbgirlie18 11 ай бұрын

I agree, we need to allow the market to correct for things like this.

@Sandalphon9 11 ай бұрын

This video was great! I learned a lot! Thanks so much! ❤

@katrintherealestateguide 11 ай бұрын

👍

@gp4424 11 ай бұрын

Very helpful, thanks!

@katrintherealestateguide 11 ай бұрын

Thank you for watching. :)

@gusnworb5348 11 ай бұрын

Great content. Thanks.

@katrintherealestateguide 11 ай бұрын

Glad it was helpful!

@DH-ow6xt 11 ай бұрын

Terrific video, Katrin. I am contemplating a move Fl., Venice or North Port, but have to sell here in Colorado first. Our market is hearty. My biggest fear is the cost of insurance. This was so helpful. And I think I know the realtor who spews the misinformation. Watched one of his videos, and did some fact-checking on that very issue of flood insurance. He was wrong!

@norbertoperez1573 11 ай бұрын

My tile roof is 20 years old. My insurance company sent me a letter stating that my roof was good for 20 more years. The magic word is maintenance.

@katrintherealestateguide 11 ай бұрын

That is awesome. Who is the insurance company?

@romanromanowski9038 11 ай бұрын

Our tile roof in Poland lasted 80 years, before being replaced.

@katrintherealestateguide 11 ай бұрын

@@romanromanowski9038 😯

@juliashelby998 7 ай бұрын

Look at Fot Myers people are still struggling from hurricane Ian over a year ago.

@mtebor 11 ай бұрын

I live in central Florida and received a quote that included solar 3 months ago. when I called back 2 weeks ago to close the deal, the price went up $300/year.

@JuliaB1955 11 ай бұрын

The gal with the gravitas in Sarasota County real estate! Katrin, you're amazing! ~Julia B.

@JuliaB1955 11 ай бұрын

PS Couldn't get the vid to play. Usually Xfinity gig tower gives great internet connection. Not for about a week now. I'm in S. Venice. Aargh! I had to use internet video downloader to listen.

@katrintherealestateguide 11 ай бұрын

😊

@roberto-gp2dt 11 ай бұрын

Thank You..

@katrintherealestateguide 11 ай бұрын

glad you enjoyed the info!

@rcrobertson9563 11 ай бұрын

I had two lake houses and was always unhappy with my homeowners insurance. I sold both homes and bought one and currently have no insurance by choice. I live in Marion County

@katrintherealestateguide 11 ай бұрын

Ocala area right?

@rcrobertson9563 11 ай бұрын

@@katrintherealestateguide NE of Ocala...Fort McCoy. I've lived in Florida for 16 years and I'm very much at home here. Have a great evening

@duncan1234able 11 ай бұрын

I read that if you hold a mortgage that it will soon be required to carry SINK HOLE coverage for most of Florida.

@katrintherealestateguide 11 ай бұрын

Only parts of Florida are sink hole prone...I doubt they will require it for all FL. But I'll let Jennifer weigh into it.

@morningstarwampanoag7906 11 ай бұрын

@@katrintherealestateguide Where can I find more information about sink hole prone areas?

@michaels7258 11 ай бұрын

I would be interested to see a similar video on property taxes in Florida.

@AmandathePandaBooks 11 ай бұрын

I can tell you. If you own a house, small or large, the property taxes start at about 4000 - 8000 as a starting point.

@matthewsmith2362 11 ай бұрын

I have a 1500sq foot house in safety harbor it’s 6200 a year I have a 1300sq foot house in Dunedin and it 7k a year Both cities west of Tampa fl

@Veganisbadhunter-wx5nt 7 ай бұрын

I live in northeast Ohio. My property tax on a $290,000 home is $4370/year. My home insurance is $525/year. Very cheap. Low cost living. My auto insurance costs $227 for 6 months of coverage.

@juliashelby998 7 ай бұрын

A lot of talk about fraud but most of the litigation is because insurance companies don’t want to pay. When hurricane irene hit Florida in 2017 a mango tree fell into my house and they didn’t want to pay. Finally we. Had to go to court after a year of waiting. I have an old home with new roof, hurricane windows and doors. New electrical panels my insurance has gone up to 13,000 ridiculous. The new law protects insurance carriers and not the consumer.

@mjef3695 11 ай бұрын

I don’t live in a hurricane prone state. But I’ve have seen an increase in my insurance when these storms hit. It takes a lot of money to rebuild or repair a home. Choices people make.

@katrintherealestateguide 11 ай бұрын

👍

@christheflex3184 11 ай бұрын

OMG- Kartrin i'm in Cape Coral mine jumped from 2,500 to 9,300 plus 3,000 for flood . Im on a dry lot . I cant do this yearly :(

@katrintherealestateguide 11 ай бұрын

Oh my, that's a steep increase. Are you with Citizen ?:(

@christheflex3184 11 ай бұрын

@@katrintherealestateguide Peoples Trust

@SanerKurbay 11 ай бұрын

Wow that is too much really, int he video 30% is mentioned as a max then it means it can be more..

@katrintherealestateguide 11 ай бұрын

@@christheflex3184 I am sorry...that's steep.

@katrintherealestateguide 11 ай бұрын

@@SanerKurbay could be

@anthonyvarone5526 11 ай бұрын

Florida has become the land of the Rich!! Just like California!! I’ve been saying these for several years now and people are finally realizing that!!! It’s crazy how much it now costs to live there. Something needs to break or change otherwise Florida is hopeless!!!😢

@katrintherealestateguide 11 ай бұрын

I have to completely disagree with you. The median price in FL is still half of what it is in CA. Est. $786K for CA and $419k per Redfin data. Real estate in CA I WAYYYY more expensive. As a matter of fact, Florida is in line with the national median price right now. Prices have gone up across the US, not just FL.

@dougs7367 11 ай бұрын

And even worse, the land of rich conservatives. It is becoming a right wing fascist state especially under the current governer

@anthonyvarone5526 11 ай бұрын

⁠@@katrintherealestateguide I live in New Jersey houses haven’t doubled like they have in Florida in the last two years. I also owned a condo in Florida and sold several years ago. Florida needs to come down at least 50% for people to be able to afford to live there. It is so over priced much more than the Northeast.!!

@anthonyvarone5526 11 ай бұрын

@@katrintherealestateguide I used to have a condo in Celebration Florida. I can’t touch a shack their now for less than $600,000 in Celebration…That’s how outrageous it has become. Let alone going to Boca Raton Delray Beach, Palm Beach. Only the rich can afford to live there.

@extendedplay8830 11 ай бұрын

I lived in Florida for 4 yrs I found Florida to be a nice place to live ( in certain areas) However, I moved away from Florida because Florida is too crazy , too many shady characters live in Florida… I lived in Florida during the Governor Jeb Bush era . The Stare itself is catered for older retirees & wealthy ppl Middle class ppl have a hard time surviving in Florida… I feel sorry for honest working ppl living in Florida .. I moved to Santa Barbara California after living in Florida Totally different vibe , less crazy ppl , Santa Barbara is more exclusive to live in but it keeps the riff raff away…

@katrintherealestateguide 11 ай бұрын

interesting input.

@PureSwank 11 ай бұрын

Man you left Florida for Comifornia?! That's worse!!! California is ass crazy! Hahaha

@extendedplay8830 11 ай бұрын

@@PureSwank I live in Santa Barbara California Totally different vibe

@Capone2525 10 ай бұрын

Out of the kicken into the hot pan California is not even a state no more its other country no thanks.

@stopwars8642 11 ай бұрын

Good tips

@katrintherealestateguide 11 ай бұрын

Glad these were helpful!

@dem7615 10 ай бұрын

The more homes get bigger and more expensive.. the more it costs to repair... It's crazy how big houses are now.. it's nuts

@ExpeditionNomadicAdventures 11 ай бұрын

In the spring of 2012, I wanted to buy a 1970s trailer near Ft. Myers Beach, but I was told by my insurance carrier, “Liberty Mutual,” who I had been with for 25 years, they did not insure anything in Fl. Fortunately, I did not buy it as the following year revealed how much a simple storm caused the increase in insurance cost living near the water. An insurance company told me to buy a second-floor condo 5-7 miles inland which I considered, but the monthly HOA Fees in the 55+ community were $700, and it is now approaching $1000. Again I was fortunate to just rent until I became a full-time RV’er and discover small towns in the midwest were I will buy small home and use my RV to escape the cold in the winters.

@katrintherealestateguide 11 ай бұрын

Thank you for sharing.

@juniorcrandall8933 11 ай бұрын

Hello Katrin, unfortunately our legislators allowed this mess. It is common knowledge Florida had a property Insurance problem years ago. They let us all down. Gruters can do better and has an office off 301 in North Sarasota. A roof is a wear item. It has a life expectancy somewhat like tires. Pro rate those sucker's and be done with it.

@RobertKnauerUnfiltered 11 ай бұрын

absolutey correct since Bush Jr. (Jeb) and every GOP since.....they do not care. VOTE THEM OUT

@pammusser8167 11 ай бұрын

I live in Texas. Insurance rates here have gone through the roof. My insurance increase went up $1,000 to $3,400 just for homeowners. I, being a retired senior citizen don’t know how much longer that we can hold on to this house.

@demotter 11 ай бұрын

It's the blue states fault. Texans and other red states are having to pay more so the blue states can have cheaper insurance.

@thankswillie 10 ай бұрын

dont seniors usually have home payed ?,drop insurance

@demotter 10 ай бұрын

@thankswillie . Alot of seniors do not have their house paid off. But roll the dice. If your house gets hit. No insurance means no coverage. Also no protection against lawsuits if someone falls on your property or your tree falls on someone's house.

@danacaro-herman3530 11 ай бұрын

Thank you Katrin for the very informative video, you're the best.!!❤😊

@katrintherealestateguide 11 ай бұрын

You are so welcome!

@billsattic 11 ай бұрын

Once I pay off my home (5 years), I am voiding insurance and pocketing the savings for future repairs.

@rack9458 11 ай бұрын

So when the next hurricane hits? Fire, theft, explosion? Ignorance is bliss 😂

@billsattic 11 ай бұрын

@@rack9458 I don't live in Florida. My house is solid quarry stone and I owe just over 55k. My lot is now almost worth my home value. I'll pocket my thousands and take my chances AND not deal with insurance rules and regulations. Not overpaying for a house feels great!

@dareklubinski3357 11 ай бұрын

to all real estate agents, from youtube, you need to publicize the insurance issue because soon you will not sell anything, developers will not sell and they will turn to who they need, put pressure on insurance, especially the Florida government, take legislative action, but that's just my opinion

@jennyosiwala 11 ай бұрын

Your comment is spot on. Pressure needs to be applied to make the carriers and branches of government accountable. If though, there is in fact a crash, they would have no other choice but to bring costs down.

@happymomma7043 11 ай бұрын

Insurance companies don’t pay what they promised and so the homeowners must resort to suing the insurance companies to get a fair payment. This increases the insurance costs. All could be avoided if they did what the promised.

@vblic 11 ай бұрын

AOB finally taken care of for home insurance claims. Now that have to do the same for those windshield companies that want to tie up insurance companies in litigation. And settle.

@jsantiago9936 11 ай бұрын

Well done and very educational! I enjoyed your video.

@katrintherealestateguide 11 ай бұрын

Glad it was helpful!

@kathyhansen2820 11 ай бұрын

I've been watching that home buyer show where the buyers ooh and ahh about stainless steel appliances, crown moldings, paint colors etc. I just there thinking roofs, foundations, windows guys. You know the truly big ticket items.

@katrintherealestateguide 11 ай бұрын

Great point!

@scott3202 11 ай бұрын

My parents live in a building in Juno Beach; my dad is on the board and just told me that the building insurance policy doubled from 250k / year to 530k...HOA's going up!! Terrible news for 80% of the residents that are long retired and living on fixed incomes.

@katrintherealestateguide 11 ай бұрын

@jennyosiwala 11 ай бұрын

That is awful and makes me so sad! When increases are that significant I would recommend a complaint into the Department of Insurance.

@piedpiper7051 11 ай бұрын

Winter Park FL...Our condo complex has just had an increase of $133k and we've been told to expect another 30% increase next year. We have multiple stacked Insurance carriers in order to get the coverage needed. Our monthly maintenance dues went up $75 a month this year. It's going to get worse. People on fixed incomes are going to get run out of their homes. Insurance rates are based on values of the property (ours went up $7+ million this year) and insurance carriers base rates on global disasters also. The cost of disasters in other countries affects everybody's rate. It's not just a local thing, it's a global pool. Insurance industry is like casinos, everybody's rolling the dice and hoping they win. Only difference is, playing Casinos isn't mandatory like playing Insurance is.

@kblynch67 8 ай бұрын

2022-2023 my home near Pensacola insurance went up 273%. This caused a serious short fall in my escrow and increased my house payment by nearly 50%. I decided to move back to Ohio (had been in Florida for about 8 years) in July '23 while I still could choose to as apposed to being forced to! I made this decision because many were reporting a likely 60% increase again for the next year. In short 2021 $1500 annual insurance, 2022 $4300 end of 2023 $7800 ??? We lived 18 miles due North of Navarre beach in flood plain X.

@drc3po 4 ай бұрын

I lived in Pensacola 15 years and loved it. Had to move due to job situation. My heart is still there, and I'm near retirement but I will not ever go back due to all the insanity.

@7thday878 11 ай бұрын

I was blessed to find a property in 21 before the prices went crazy. I was considering buying a multi unit but the cost taxes and insurance just doesn’t make sense. I’ll still invest but in a more favorable market.

@katrintherealestateguide 11 ай бұрын

Glad you got in early.

@AmandathePandaBooks 11 ай бұрын

I was at camper world looking at small rvs.

@katrintherealestateguide 11 ай бұрын

What's the going rate for them?

@user-gr4jn6mb8t 11 ай бұрын

Ihave my insurance rate increased 60%last year and 104% this year, when you said max 30% is out of spect That was citezen

@katrintherealestateguide 11 ай бұрын

She didn't say max...she said avg! It can go higher or lower.

@moretoliving2236 11 ай бұрын

I am not buying this 10 year shtick. When shingles get sold they come with a 25 year (typically) life expectancy. When there is a leak in shingles, you can generally replace a few shingles to and fix the leak. I had to replace about 10x10 section and also asked them to close in a skylight over bathroom and they added shingles there too... $700. That is the cost to "fix". It does not cost $30,000. It costs $700 for a team of 4 people to come and knock it all out ohh and in case you are wondering to close a skylight they charged me for half a sheet of plywood. So with all that it was $700. The only reason why insurance companies are now saying 10 years has nothing to do with life expectancy of shingles. It has everything to do with NOT paying people for NOTHING. Storm has a name... ohhh sucks to be you... your deductible just jumped to $6500. What do insurance companies do then? Send a crew out to fix it for $700 and you are out of pocket for $6500. Then they jack up your rates and then they dump you. Worst part about insurance is that for most people they can't even NOT have insurance because its mandated by the mortgage. Likewise government prohibits you from having living options which is why its illegal to sleep in a tent on your own property, illegal to "live" in RV for more than 180 days per year, illegal to live in tiny homes. Illegal to put a roof over the roof. Illegal to put tarps over your roof to prevent water damage. Heck if you are in HOA community then you are also bound by color of shingles and other roofing options. Basically they want to prevent you from having AFFORDABLE options and keep people on payroll. Just the other day I saw a youtube video of a news station that did assessment on this condo building for $40+ mil asking every person to pay like $170,000 or something towards recertification. Turns out that HOA was in cahoots with its sister company which charged an additional $20 mil to line its own pocket. Ok so you spend $35,000 to put a new roof out of pocket... 10 years later when it still has 15 years left of life in it... they want you to spend another $70,000. This extortion is despicable. I changed out like 800 square feet of the roof (unrelated to above). Never reported that to insurance company. They did their 5 year inspection in trying to find a new reason to jack up my rates. Imagine the horse face on the dude they send here when he was... like thats a new roof... and you spent $7000 to put it there.... sheeet.... ok we are dropping your insurance policy by $400. Next year they jacked it up $800. It is never enough for these vermin.

@jacktyler7599 11 ай бұрын

These are among your best videos, Katrin. It's great you offer this kind of info periodically. Now that we're in Babcock Ranch, which survived Ian well, I notice there are many folks who are confused about flood insurance: I'm at 30' elevation, do I need it? A federal policy or a private policy and why, how expensive is it, etc. Might be a good topic.

@katrintherealestateguide 11 ай бұрын

Thank you so much Jack! You only need flood insurance if you are in a flood zone, if you are financing. If you are in x, you won't. Exception, whether you are financing or not, Citizen will require you carry flood insurance in flood zone and if in non- flood zone starting est. 2027.

@daveassanowicz186 11 ай бұрын

Short of major storm damage, those tile roofs should last 100 years!

@were_all_fact6026 11 ай бұрын

HOAs make you keep them clean from mold/mildew so power washing and walking on the roof takes a toll.

@carlosponchio1869 11 ай бұрын

it is not the tiles. It is the roofing paper underneath that goes bad. My roof had very few tiles broken, but the paper just plain rotted it out.

@vapsa56 11 ай бұрын

The same with metal roofs.

@LoveTheSun 11 ай бұрын

Excellent information in this awesome video. Thank you.

@katrintherealestateguide 11 ай бұрын

Glad it was helpful!

@freddyrosenberg9288 11 ай бұрын

I have lived and owned a house in Florida for 36 years. Insurance rates NEVER come down, NEVER. I currently own 2 homes and they are both 45 miles away from the beaches and we have never suffered catastrophic damage. My policy for each home is in the low 2000's. If you buy a home within ~10 miles from the beaches expect ridiculous rates. I read SB 2A and it's meant to help insurance companies bottom line not the customers. The reforms are 100% aligned with reducing payouts in the event of a claim. We will have a new set of policies in Florida. Arbitrage policies( discounted rate, expect to get raped when you file a claim) and non arbitrage policies (expect to get raped with the high pricing) Attorneys fees at your own cost EVEN IF YOU WIN THE CASE. They have made it impossible to take insurance companies to court, just let the abuses like we have never seen before roll in.

@JohnJohn-wr1jo 11 ай бұрын

36 years and u should have a great handle on the rampant government corruption and mismanagement. That's what's driving up homeownership cost in Florida. Fastest rising cost of home ownership in the nation. Even pulling out the rise in property values.

@davidjohncox7333 11 ай бұрын

Thanks for this informative video. So, I’m assuming that my current carrier (Slide) must be a “surplus line” carrier as they want to increase my annual premium by 131%!!!

@katrintherealestateguide 11 ай бұрын

I would check with your insurance broker. You can always shop a new carrier and see if you can get a better rate.

@davidjohncox7333 11 ай бұрын

@@katrintherealestateguide thanks! I'm working on it. Unfortunately, after my wind mit. and 4-pt. inspection last week, I guess I need to replace my 2005 roof!

@ricklesser5851 10 ай бұрын

Dealing with the condo building insurance currently. I'm on the board and we were told our current insurance company was not renewing our policy for the building. Are insurance policy they would be expiring in 2 weeks but the law says they have 45 days at least to tell us we didn't get that information are agents at on it. So we're desperately trying to I'm in contact with everybody I know and have made a little headway but the president is cowering in the corner and listening to what the agent and the property management person's telling her hopefully she has now opened her eyes because we're being screwed over. I was looking for something else and I came across your channel. Bits and pieces of information that I'm listening to now has been helpful for me. I'm about to finalize the rough draft of an email and get it off to the state insurance commissioner. We went from 101,000. To 288,000.if citizens takes us to 466,000. If they don't nobody will touch us we have not had her 40 year inspection we're on the list but that's what they're using to drop condos isn't that amazing

@tonyn3227 11 ай бұрын

Why doesn't DeSantis do anything about this insurance problem in Florida, instead allowing companies to gouge hard working taxpayers, shame on him.

@whocares0316 11 ай бұрын

I wouldnt be too excited about HO or even Auto Ins rates coming down in the future primarily based on the carriers experience in handling the extensive losses from the most recent hurricane Ina. Values of homes are going up rapidly and while they may go back down somewhat for a temporary period of time, they will ultimately continue to go up to reflect pricing based on the cost of goods and services which form the base for their claim costs. Additionally, labor costs of contractors and auto body shops and repair shops have gone up considerably in recent years and that will continue, especially as the scarcity of qualified workers continue to drive up what is being paid to attract enough qualified people. Yes, fraud has always been a terrible problem in Florida and becomes even worse when major storms hit and all of the scam artists come into the state to offer their services at inflated prices. Rates may be somewhat relaxed if/when claims come down due to less catastrophic events, but that wont affect the continuing increase in costs of labor, parts, building products of the claims which do occur and that element of insurance pricing will not come down, only go up in the future. The only alternative to the future continuous pressure of higher premiums will be either some sort of government intervention or mechanism (which will help to drive more carriers to leave the state if they have no chance to earn an Underwriting profit), or the entry of "new" carriers who are willing to write Auto and /or HO insurance at rates which are designed to capture market share, but will usually not be adequate to allow the carrier/s to actually earn an Underwriting profit, so they will be either short term players or function at a loss until their shareholders , or their reinsurers, pressure them to discontinue offering policies in Florida. Unfortunately, there are no magic formulas which will give Fla ins rates ANY chance of reducing their premiums so long as their ACTUAL loss experience justifies rate increases. I was thinking about moving to Florida recently, but since Ina struck, I have no current plans or desire to do so unless it is to a less catastrophe prone area of the state. Way too expensive!

@cindyonyoutube 11 ай бұрын

I really appreciate you covering this topic, as it is a huge concern to me. My husband & I intend to retire to FL, however we've been increasingly concerned that the high price of homes plus insurance costs will prevent us from coming to FL.

@katrintherealestateguide 11 ай бұрын

I can understand your concern.

@Rick-gy8fz 11 ай бұрын

You set aside reserves for replacement costs. No insurance, no mortgage. Self insure. I can't see any other way. I'm moving g to Florida soon. That's my plan.

@RobertKnauerUnfiltered 11 ай бұрын

You and your husband would be damn fools to move to FL at this time or even in the next couple years until all the horrible issues DeSantis and the FL GOP legislature have created for Floridians. IT IS GETTING WORSE. DO YOU HOMEWORK AND STOP BELIEVE THE BS....BEING PUT OUT BY KATRIN AND OTHERS. DO YOUR HOMEWORK

@JohnJohn-wr1jo 11 ай бұрын

Best advice one can give in relocating to any state. Do intensive research first, rent for 1 year before making permanent decision before buying. Spend that time talking to long term residents. If you do these two things first 90% of you will scratch relocating to Florida. Great place to vacation or snowbird, unless money is absolutely no consideration your going to be dissapointed in the overall cost and quality of what you recieve in return. Florida is the most corrupt state in the US. Everyone has a hand in your pocket.

@babybaby551 11 ай бұрын

Don’t Do it move to some other place.

@jackwilson8051 11 ай бұрын

Welcome to Desantis' Florida

@joey_clams 11 ай бұрын

Good video Katrin 👍

@katrintherealestateguide 11 ай бұрын

Thank you so much Joey. Hope you are doing great!

@s99614 11 ай бұрын

People need to learn how to fix their own roof. Actual roofers are a ripoff. I have a roof access panel, every house should! I inspect my roof yearly and fix things as they show up. I'm thinking that my roof is at least 40 years old. Emphasis on at least.

@katrintherealestateguide 11 ай бұрын

I wish I could!

@JaredMerlin 11 ай бұрын

My Aunt Diana has lived in Florida for almost 50 years now. She has been tending, fixing, repairing her own roof in Fort Lauderdale for years. As old as she is today, she is still up on that roof inspecting and doing what needs to be done. I agree with you 100%.

@787UrbanApparel 11 ай бұрын

You need the upkeep recorded with the county , so when agents look at renewal period it shows on the public records . Most county dont required it for simply maintance but you should be able to added if you requested it .

@kat451 10 ай бұрын

Its good to be Optimistic...good approach in life... 😐

@katrintherealestateguide 10 ай бұрын

Realism with a touch of optimism

@tropicaljeffc9960 8 ай бұрын

I live in Colorado and want out of here when I retire in 3 years. Florida is my #1 choice. Homeowners insurance was average here but my premium just went from 2900.00 a year to 3900.00 because of Hail damage claims. Going up everywhere.

@miketuttle9319 11 ай бұрын

The rates have to come down? That sounds like wishful thinking. The re-insurance market drive the rates, I wouldn’t buy a house with the expectation that the rates are eventually going to come down.

@thebubba1 11 ай бұрын

Me and the wife have already changed our minds about moving to florida because of exactly this

@RobertLeeAtYT 11 ай бұрын

"Prices will go down. They have to." Well, that's wishful thinking. We're at the stage now where once a century hurricanes are becoming multiple per season, regular events. No insurance company will write policies because loss is a certainty. If you own in coastal Florida, sell to the next sucker and get out now.

@stew6662 11 ай бұрын

Prices won’t go down, but they will slow

@RobertLeeAtYT 11 ай бұрын

@@stew6662 Well, think of it this way. Say we're talking liability coverage for your car instead. If the carrier _knows_ for a certainty that you will cause a crash and require payout once a year, you'll be dropped. If the carrier _knows_ that all Floridian drivers will cause crashes and require payout once a year, they're pulling up stakes in the state altogether. Back to property insurance. Do you honestly think that another hurricane wiping out half the state can't possibly happen sooner than a hundred years?

@marknewton6984 5 ай бұрын

And live where?

@sandradornick9100 10 ай бұрын

No hyping about the rise in home insurance, it's true. I have never filed a claim since 1976 of living here and now this year my insurance policy almost doubled. This is pushing people out of their own homes. Ridiculous!!! I

@TheVillagesChief 11 ай бұрын

Your videos are always so informative, great job. It’s a real big help learning the uniqueness of Florida housing being a newbie here. Thanks so much :)

@katrintherealestateguide 11 ай бұрын

I am happy it was useful for you, especially because you are new here. Hopefully things will get better soon here.:)

@michaelsheedy 11 ай бұрын

Significant increase in FL home values is part of problem. Free roofs is another. And of course more intense hurricanes. My FL policy has increased 4 times in last 6 years. Finally got control with new roof coupled with wind mitigation. Now of course new roofs on ranches are pricey.

@katrintherealestateguide 11 ай бұрын

They are...how much did it cost you. Size of house?

@michaelsheedy 11 ай бұрын

My house in Central FL is 2,100 square ft. And when bought in 2016 property I insurance was $800. It hit a high of $3,400 last year and now with new roof and wind mitigation report, it is $3,000 this year.

@katrintherealestateguide 11 ай бұрын

@@michaelsheedy thank you for sharing

@lauralampe1664 11 ай бұрын

Whenever I look at a real estate listing now in Florida, I always look to see if there is a mention of a new roof or the roof being replaced in the last few years. If someone is selling a home 15 or more years old with the original roof, that is probably not a great selling feature in this market correct?

@christheflex3184 11 ай бұрын

That is correct Florida actually want's a new roof every 10 year's now. This state is insane

@katrintherealestateguide 11 ай бұрын

@@christheflex3184 that's incorrect

@katrintherealestateguide 11 ай бұрын

Laura, yes, that is why you will see a lot of home owners getting new roofs before putting homes on the market, or they may provide a credit towards a roof.

@christheflex3184 11 ай бұрын

@@katrintherealestateguide I know a few people here in Cape insurance told them after 10 years get a new roof or else.

@katrintherealestateguide 11 ай бұрын

@@christheflex3184 They should shop for another carrier.

@AmericanConstellation 11 ай бұрын

This homeowners insurance increase is killing almost everyone in Florida. I'm luck that I don't have a mortgage anymore. I don't see how working families and retired people are going to afford to live in Florida.

@Lexxie45 11 ай бұрын

Only the very wealthy and the criminals will be able to afford it. I lived in the Fort Lauderdale area for about 7 years back in the 1990's. Was just about ready to buy my own home when I had to move to Seattle for family reasons. I've been wanting to move back ever since. Now that I'm getting ready to file for social security in a few years, I wouldn't be able to afford all the costs that come with owning either a condo because of high and continuously rising HOA fees or a house because of high taxes and insurance. Rates will NEVER go down. Or not enough that people on fixed incomes like I am going to be soon, will be able to afford living in a decent place in Florida any more. I would be happy living 30-60 minutes drive from the beach but it won't make any difference.

@jennyosiwala 11 ай бұрын

It is hurting every single homeowner right now because we are all taking increases. I've been adjusting peoples deductibles to help with costs and actually "removing" hurricane coverage from peoples policies that do not have mortgages anymore.

@georgedreher2322 11 ай бұрын

@@Lexxie45 You are correct. Both Auto & Home Insurance rates have significantly increased in Florida this year. We are presently looking for properties in North GA & TN. Fact: Talked to my car insurance agent last week regarding car insurance - rates in the areas previously mentioned would be MORE than 60% cheaper. That's a fact for you to chew on if you are going into retirement.

@PureSwank 11 ай бұрын

Man, that's crazy. The home market is crazy expensive damn near california...to top it off insurance makes it worse. Good grief. The average floridian is about to lose it all. I got a 5,000sqft home in Texas and my insurance was 1700.

@patriciaranke5303 11 ай бұрын

Did you ask her how payouts affect her bonuses?

@juliashelby998 7 ай бұрын

And now these new carriers don’t cover roof if a hurricane destroys your roof and so so ! But they want thousands of dollars to cover what ? Car insurance same thing ? What are we paying for ?

@anotherroady6234 11 ай бұрын

In the mean time, the governor and the legislature have no plans to make it right. Hmmm

@davidlundy5007 11 ай бұрын

It all depends where in Florida you live . You live near the beach, ouch. You live inland you pay normal as most people do in Florida.

@katrintherealestateguide 11 ай бұрын

👍

@susievidal4134 11 ай бұрын

Do you have to pay property taxes on a condo? I wanted a home but if i cant afford property taxes there no use in buying a home

@katrintherealestateguide 11 ай бұрын

Yes you do.

@susievidal4134 11 ай бұрын

@@katrintherealestateguide aww bummer

@joseCalderon1976 11 ай бұрын

I would never live in Florida again. It was OK, but I got tired of hurricanes and the high cost of housing back in 2003. Now it's WORSE. No way. Thanks for the video. Subscribed

@katrintherealestateguide 11 ай бұрын

Hi Jose, FL is not for everyone but many that do live here love it :). Thanks for your input. Take care.

@joseCalderon1976 11 ай бұрын

@@katrintherealestateguide Absolutely. No hate from me there. I just visit family and go back to the more affordable city in Texas where I live now. I bought a brand new house for $170k in 2012 at 3.5% interest and I only owe around $102k now. I still like FL, but just to visit. I hope that mess with the insurance companies gets better soon.

@Capone2525 10 ай бұрын

Good we have enough people here already hopefully more people move out smart choice😊

@user-jv9js3ls5t 5 ай бұрын

Just take a large deductible or go to pool insurance , or both . 😢

@joeMW284 11 ай бұрын

Good thing our fearless leader is taking on elementary school teachers and Mickey Mouse... you know, the REAL issues.

@valentingarciaable 11 ай бұрын

********🔥******** your leader is taking on those that need to be taken on because of the shenanigans of the woke community. And your state is a good State and the reason why insurance companies do not charge lower rates is because insurance companies are not a charity ! They do not exist to pay and to subsidize your insurance or peoples insurance in Florida the people in Florida if they want to live there will have to pay for their own insurance rates and hurricanes are getting worse and worse and that's just the way it is. Sunshine is very expensive but yes let it be known that you have a great leader in your state...

@brandivanemon7930 11 ай бұрын

He's a swamp creature and that's a great reason he won't be a good president. He's not in touch with the people.

@JohnJohn-wr1jo 11 ай бұрын

Yup, so ironic but not as ironic as his political moniker,"free florida." What was he thinking. That's a slap in the face to all Florida homeowners.

@JohnJohn-wr1jo 11 ай бұрын

As always, thanks for your video and updates. Keep getting the word out there.. Many Floridians are still in the dark about this issue and don't truly understand where this problem originated and who should be held criminally accountable. I for one have little confidence in "the government" (as your guest stated) fixing this issue since she should be pointing out its the Florida state government. This entire insurance fiasco falls in their lap. How can you expect them to fix something that they created due to their greed and mismanagement. We left SW Florida almost 3 years ago because of this and the tax increases and multiple other reasons. After 23 years we had enough. Still winter in CC but will never own Florida property again.

@1969bones69 11 ай бұрын

Yeah it's the "Governments fault" you decided to live on the coast and it's their falt there are Hurricanes etc. Just vote yourself a new govt and florida's problems go away..... YOU are the problem. Up your IQ. Your life will improve.

@maily8388 11 ай бұрын

Thank you for your information 👍. I will give up on buying a house in Florida.

@rochellet1333 6 ай бұрын

Insurance premium and deductible doubled. Never made a claim.

@katrintherealestateguide 6 ай бұрын

That’s steep…what’s the premium now for you?

@ajusa2024 11 ай бұрын

Good!!! Let it burn 🔥

@ArmandoPerezContractor 11 ай бұрын

Hi Katrin . I think you leaving a big reason insurance Co are moving insurance premium up and it is "FRAUD" The insurance claims are skyrocketing and the Insurance Companies has to adjust , of course they won't says that. If the reason of those new premiums is just the roof age, the construction types and the proximity to cost line why they are not consistency alone whole state? FRAUD

@katrintherealestateguide 11 ай бұрын

Hi Armando, fraught is covered in the video...and in many other videos as well.

@ArmandoPerezContractor 11 ай бұрын

@@katrintherealestateguide I mean fraud: People claiming to insurance to get money for some damages that did not really happen and get an attorney to fight for.

@katrintherealestateguide 11 ай бұрын

@@ArmandoPerezContractor 👍

@tech-centralusa9671 10 ай бұрын

I don't know how anyone can project home insurance premiums to go down, or even by how much they will be reduced. Premiums are dependent on claims. With global warming and Florida's exposure to hurricanes and other storms, it is a certainty that if we get a major category 3 or higher hurricane in a very populated area like Dade and Broward County, we will be in trouble not only for higher rates, but also if the insurance companies have the money to pay for claims.

@judyarmstrong397 11 ай бұрын

I would love to talk with you about buying and selling in the near future. What is the best way to get a hold of you?

@katrintherealestateguide 11 ай бұрын

Hello, call or text anytime. 917-543-8560. You can also email me katrin.pfitzenreiter@gmail.com. Take care.

@davidhopper7295 11 ай бұрын

$30,000 to replace a shingle roof? I did my own roof in 2004. Thought I saved a few thousand. Multiply that by 8 today?

@katrintherealestateguide 11 ай бұрын

Yes, the roof in question was for a home about 2k sqft. Few quotes that came in at that price or above just recently.

@davidhopper7295 11 ай бұрын

My roof was 1700 sf. including a double carport. After Hurricane Francis destroyed it. I would have paid $7k back then or about $4 per sf. So, actually about $15 per sf at the $30k quote you got. I wish the Jupiter house was up 400%. Nowhere close. It's Barely doubled since then. Well that easily explains the rise in home values. Labor and materials are up 400% in 18 years.

@rodneyreiter4026 11 ай бұрын

It is depressing and makes me sad but I think I have been priced out of the Florida market. My wife and I always thought we would buy a house in the country side of Florida when we retire but now I guess we will have to see how close to Florida we can afford to live. A lot of what I have learned about moving south is applicable to Georgia but I have to learn all about the taxes and insurance there.

@naturelover2292 11 ай бұрын

Parts of Alabama is also close to the Florida line, Thomasville Ga and also Boston , valdosta ga area are also close to the Florida line have family there the cost of living is much lower.

@rodneyreiter4026 11 ай бұрын

I have learned so much about Florida over the last few years. Now I have to start over with one of the neighboring states.

@naturelover2292 11 ай бұрын

@@rodneyreiter4026 Actually a part of Pensacola Florida is called Flora Bama that’s because it is so close to Alabama. It starts on Perdido beach Blvd there is actually an oyster bar called Flora Bama that sits right on the Alabama Florida line . For example Foley Al is only 28 minutes from the Gold shores of Florida, so you can start your search in that surrounding area. Good luck .

@PianoUniverse 8 ай бұрын

check out northern Georgia around the beautiful lakes.@@rodneyreiter4026

@rodneyreiter4026 8 ай бұрын

I wonder if there is a state requirement for liability insurance for real estate in Florida? I have a friend who owns a home in Cocoa and I think she told me that house was to old to insure. I think it is a modular house or maybe a double wide.

@nataliaperez9954 11 ай бұрын

If they expect a family to buy a new roof every 10 years, that should be interesting. So a new roof south florida cost me 28k new windows run anout 40k, yeah let me get that from my bank account.

@katrintherealestateguide 11 ай бұрын

Thanks for sharing

@dougs7367 11 ай бұрын

That's for shingle roofs.. could switch to metal and it's 25 years. Or better yet just move to a better state I don't know why we still even use shingle roofs it's so old and outdated tech.

@youtubeplumb 11 ай бұрын

🔥🔥🔥

@katrintherealestateguide 11 ай бұрын

🙌

@grantaugustyniak6667 11 ай бұрын

So I’m thinking they’re a lot of risk takers out there living in Florida without insurance if they have No mortgage on the house ? Now the folks that have a mortgage & loan - I’m thinking the bank would make them carry home owners insurance- these folks are the ones that may want to sell fast & get out of dodge ?

@rm-qm3te 11 ай бұрын

I moved away after Ian. So glad I did.

@katrintherealestateguide 11 ай бұрын

where did you move to?

@TheMightymo05 11 ай бұрын

I'm okay with it. Better than taxpayers always picking up the tab. Enjoy the sun and beaches. However, just know it's done at your own risk.

@katrintherealestateguide 11 ай бұрын

👍

@doc5106 11 ай бұрын

hi katrin do these insurance brokers charge a fee

@nuts2559 11 ай бұрын

no they work for nothing, its a charity

@pc3666 11 ай бұрын

The best realtor on YT in my opinion. Her videos are 🔥🔥

@katrintherealestateguide 11 ай бұрын

Now I am blushing ☺...hey thank you so much for your always positive feedback!

@pc3666 11 ай бұрын

@@katrintherealestateguide you deserve all the praise I give you!

@jenna6256 11 ай бұрын

Insurance is a scam especially in the the areas that pay out the most.

@acegolfman3203 11 ай бұрын

I would never insure Florida houses. Why take the massive risk with all the hurricanes and much higher price of houses now. No way. Roofing fraud costs billions. To homeowners, you can self insure. GL

@katrintherealestateguide 11 ай бұрын

Depending on where the home is, that could be a risky move.

@marismith865 11 ай бұрын

Mine’s not bad at all . I’ve been here 4 years .

@katrintherealestateguide 11 ай бұрын

What are you paying? SFH or Condo?

@MyLifeThai371 11 ай бұрын

It all depends where you live in Florida. I just talked to a couple that live in the middle of Florida, so they are away from both coasts and the tax assessor said their home is worth $400,000 but their homeowners insurance is only $3000/year and the property taxes are $2500/year. Not bad at all. If you live by the ocean, of course your insurance is going to be high with the hurricanes.

@katrintherealestateguide 11 ай бұрын

Yes great input 👍

@naturelover2292 11 ай бұрын

But if that home sells for $400 k the property taxes are re assessed. People purchasing homes now are paying more because they are paying more for the homes. If you purchased a long time ago no matter what they say your home is worth if you have homestead they can’t raised your assessed value over 3% per year. So that is why her taxes are reasonable.

@MyLifeThai371 11 ай бұрын

Really? In North Dakota they just raised my property taxes 17% this year and I have owned my house for almost 20 years now.

@katrintherealestateguide 11 ай бұрын

@@naturelover2292 correct

@katrintherealestateguide 11 ай бұрын

@mylifethai6983 if the property is not homestead in FL, they can't raise over 10% a year here.

@user-jv9js3ls5t 5 ай бұрын

Metal roofs are the way to go , shingles burn up in the hot sun . Metal last @ 50 years . Go figure . 😊

@johnphillipsplumbing7148 11 ай бұрын

This insurance agent is not as honest as you, Katrin,she was very cautious not to bite the hand that feeds her. Just my opinion😊 Another great segment!

@katrintherealestateguide 11 ай бұрын

Hi John. Thank you for your input. I have had plenty of conversations with Jennifer offline. Jennifer O. 's heart is in the right place. I believe she was stating what she feels to be the truth as she knows it today. But only time will tell if the legislation truly will have an effect. Unfortunately, this issue should have been dealt with years ago and not allowed to get to this point.

@ER-me1ii 11 ай бұрын

You are 100% correct she’s a pure shill.

@masterofceremony3728 11 ай бұрын

30k for shingles? That's like metal prices How many SQ ft? Crazy

@katrintherealestateguide 11 ай бұрын

2,000 sqft...one quote came in even higher. This home is in Englewood. Prices will depend on the size of the home, roof shape, and location in FL.

@jackwilson8051 11 ай бұрын

In iowa a shingle roof for a 2000 sq ft ranch would be about $10000 to $15000.

@katrintherealestateguide 11 ай бұрын

@@jackwilson8051 wow, way cheaper

@JP-te7kd 11 ай бұрын

I live in Upstate South Carolina and my home insurance policy went up 30% this year, because I live in a downtown fast growing area. We have a smaller home and it's paid for, so we can easily afford this increase, but it's still crazy.

@katrintherealestateguide 11 ай бұрын

👍

@westmax8491 11 ай бұрын

Someone lives in Greenville

@meekmanofyahweh6452 11 ай бұрын

Zoning wise are Earth homes permitted in Florida? With a metal quasit hut shell roof, with 3 feet of earth placed over the roof, with turf/grass on the surface. This becomes hurricane proof, tornado proof, and protecting the interior with natural insulation, plus it is fire proof, and termite proof. Why is this not standard building practices required for new housing in Florida?

@mrwilliamwonder 11 ай бұрын

Well you can't dig into the ground

@asolano 11 ай бұрын

The majority of the state is covered by a fine sandy soil that is like beach sand so I would imagine it would not hold it's shape since there is nothing to bind the particles.