(07-08-2023, 12:35 PM)mikesez Wrote: [ -> ] (07-08-2023, 12:19 PM)homebiscuit Wrote: [ -> ]Interesting migrations. This bodes well for Jacksonville.
https://twitter.com/arpitrage/status/167...71136?s=20
I'm really surprised the Seattle and Portland areas have both grown.
Because of cost of living, politics or both? I thought Seattle had some challenges with police corruption not too long ago. Along with that whole CHAZ incident. That was not a good look. I went up there a few years ago, before covid happened. Seattle is pretty nice. Portland truly was weird. Lived up to it's billing for me personally. Felt like a giant social experiment set up by the CIA or Government. Not joking when I say that. I saw this show and was also tripping balls that night in fairness. So, give and take I suppose.
https://www.youtube.com/watch?v=EsqXbpRzbIE
https://www.youtube.com/watch?v=dsAQACnlhAI
(07-08-2023, 12:35 PM)mikesez Wrote: [ -> ] (07-08-2023, 12:19 PM)homebiscuit Wrote: [ -> ]Interesting migrations. This bodes well for Jacksonville.
https://twitter.com/arpitrage/status/167...71136?s=20
I'm really surprised the Seattle and Portland areas have both grown.
Because there's room to flee. The LA basin contains its lunacy between the ocean, the desert and the mountains. Notice the migration over the San Fernando mountains into the Central Valley and the Inland Empire? But once you're over those mountains, LA is gone. A person passes into an economic and cultural new world. Some may make the commute, but not many.
Seattle has room as well. I worked at Joint Base Lewis-McChord for a week a few years ago and most of the Guardsman soldiers I taught who had lived there their entire lives, or the ones who had migrated like the female originally from Florida (who always sat manspreaded, always) lived away from Seattle proper. I don't blame them. The traffic is insane, even at 4:30 in the morning.
Portland also has outlying areas which allows separation from the idiocy. But what both Seattle and Portland have going for them is nice weather and the cost of living isn't insufferable as it has grown to in LaLa Land and the Bay Area.
(07-08-2023, 12:38 PM)Caldrac Wrote: [ -> ] (07-08-2023, 12:35 PM)mikesez Wrote: [ -> ]I'm really surprised the Seattle and Portland areas have both grown.
Because of cost of living, politics or both? I thought Seattle had some challenges with police corruption not too long ago. Along with that whole CHAZ incident. That was not a good look. I went up there a few years ago, before covid happened. Seattle is pretty nice. Portland truly was weird. Lived up to it's billing for me personally. Felt like a giant social experiment set up by the CIA or Government. Not joking when I say that. I saw this show and was also tripping balls that night in fairness. So, give and take I suppose.
https://www.youtube.com/watch?v=EsqXbpRzbIE
https://www.youtube.com/watch?v=dsAQACnlhAI
Mostly because it shows coastal CA losing population.
Most of the things that are wrong with coastal CA, are also wrong in Portland and Seattle, in my estimation.
The tragedy of it all just breaks your heart. He helped the American military as a translator for 10 years fighting the Taliban, makes a new home in the U.S. with his family, and then gets gunned down by street hoods. It isn’t fair.
https://jacksonville-fl.newsmemory.com/?...80_134ac58
(07-12-2023, 09:15 AM)Jagwired Wrote: [ -> ] (07-12-2023, 08:44 AM)homebiscuit Wrote: [ -> ]Farmer’s insurance pulling out of Florida.
Hopefully that translates into me never having to view another one of their ridiculously stupid commercials on the TV.
I kind of enjoyed the Hall of Fame Incident series, some of those were creative.
(07-12-2023, 09:15 AM)Jagwired Wrote: [ -> ] (07-12-2023, 08:44 AM)homebiscuit Wrote: [ -> ]Farmer’s insurance pulling out of Florida.
Hopefully that translates into me never having to view another one of their ridiculously stupid commercials on the TV.
Probably not. Those TV advertising contracts are national. State farm also pulled out of providing homeowners insurance in FL but we still see those commercials. If someone in FL calls looking for homeowners insurance, they will refer you to a partner company (the partner company pays for this advertising, of course). More money and less risk for them that way. None of these companies are "on your side" any more than the farmer is on the dairy cow's side.
(07-12-2023, 09:34 AM)mikesez Wrote: [ -> ] (07-12-2023, 09:15 AM)Jagwired Wrote: [ -> ]Hopefully that translates into me never having to view another one of their ridiculously stupid commercials on the TV.
Probably not. Those TV advertising contracts are national. State farm also pulled out of providing homeowners insurance in FL but we still see those commercials. If someone in FL calls looking for homeowners insurance, they will refer you to a partner company (the partner company pays for this advertising, of course). More money and less risk for them that way. None of these companies are "on your side" any more than the farmer is on the dairy cow's side.
Is State Farm no longer writing new policies? My homeowners insurance is with them.
(07-12-2023, 09:43 AM)homebiscuit Wrote: [ -> ] (07-12-2023, 09:34 AM)mikesez Wrote: [ -> ]Probably not. Those TV advertising contracts are national. State farm also pulled out of providing homeowners insurance in FL but we still see those commercials. If someone in FL calls looking for homeowners insurance, they will refer you to a partner company (the partner company pays for this advertising, of course). More money and less risk for them that way. None of these companies are "on your side" any more than the farmer is on the dairy cow's side.
Is State Farm no longer writing new policies? My homeowners insurance is with them.
If they still offer coverage, like several other companies they are increasing FL rates on the catastrophe related portions of policies to a point that most consumers will not purchase from them.
I'm not sure the letter of the law on how they are allowed to offer, or not offer coverage based on flood zoning and historical hurricane impact in an area, but insurers seem to just be prohibitively inflating the cost to properly insure properties deemed most at risk if they'll insure you at all.
This is the story I heard from a recent homebuyer on the gulf coast of FL anyway ^
Interesting sidebar on the insurance landscape after a Hurricane:
One of my jobs is based in SWFL and the area was greatly affected by Hurricane Ian about 10 months ago.
I need to rent a telescoping boom lift to make an improvement on the site of my business there.
Prior to the hurricane - I have rented one of these fairly basic 45 ft booms for about $500 per day.
In the wake of Hurricane repairs - the demand and knowledge of insurance funding has driven this cost to $1400 per day and rental shops cannot guarantee when or if one will even be available.
They have the really big ones that come on a full flatbed trailer behind a semi available, but none of the models that were formerly reasonably priced. Gotta decide how long I can put off this fix unless I want to plunk down $2K for a 6 hour rental on an overkill piece of equipment.
(07-12-2023, 10:18 AM)NYC4jags Wrote: [ -> ] (07-12-2023, 09:43 AM)homebiscuit Wrote: [ -> ]Is State Farm no longer writing new policies? My homeowners insurance is with them.
If they still offer coverage, like several other companies they are increasing FL rates on the catastrophe related portions of policies to a point that most consumers will not purchase from them.
I'm not sure the letter of the law on how they are allowed to offer, or not offer coverage based on flood zoning and historical hurricane impact in an area, but insurers seem to just be prohibitively inflating the cost to properly insure properties deemed most at risk if they'll insure you at all.
This is the story I heard from a recent homebuyer on the gulf coast of FL anyway ^
Interesting sidebar on the insurance landscape after a Hurricane:
One of my jobs is based in SWFL and the area was greatly affected by Hurricane Ian about 10 months ago.
I need to rent a telescoping boom lift to make an improvement on the site of my business there.
Prior to the hurricane - I have rented one of these fairly basic 45 ft booms for about $500 per day.
In the wake of Hurricane repairs - the demand and knowledge of insurance funding has driven this cost to $1400 per day and rental shops cannot guarantee when or if one will even be available.
They have the really big ones that come on a full flatbed trailer behind a semi available, but none of the models that were formerly reasonably priced. Gotta decide how long I can put off this fix unless I want to plunk down $2K for a 6 hour rental on an overkill piece of equipment.
My agent explained to me several years ago, and it may have changed since then, that insurers are not allowed to tailor coverage for specific areas of Florida. It’s all lumped in together.
It’s a complicated issue, no doubt, and was exacerbated by roofers exploiting the system and driving 8 or 9 insurance companies insolvent.
Inflation isn’t helping either. The cost of everything is going up. I just received an email from my pest control company that their prices are going up and will be passing it onto the customer.
(07-12-2023, 11:08 AM)homebiscuit Wrote: [ -> ] (07-12-2023, 10:18 AM)NYC4jags Wrote: [ -> ]If they still offer coverage, like several other companies they are increasing FL rates on the catastrophe related portions of policies to a point that most consumers will not purchase from them.
I'm not sure the letter of the law on how they are allowed to offer, or not offer coverage based on flood zoning and historical hurricane impact in an area, but insurers seem to just be prohibitively inflating the cost to properly insure properties deemed most at risk if they'll insure you at all.
This is the story I heard from a recent homebuyer on the gulf coast of FL anyway ^
Interesting sidebar on the insurance landscape after a Hurricane:
One of my jobs is based in SWFL and the area was greatly affected by Hurricane Ian about 10 months ago.
I need to rent a telescoping boom lift to make an improvement on the site of my business there.
Prior to the hurricane - I have rented one of these fairly basic 45 ft booms for about $500 per day.
In the wake of Hurricane repairs - the demand and knowledge of insurance funding has driven this cost to $1400 per day and rental shops cannot guarantee when or if one will even be available.
They have the really big ones that come on a full flatbed trailer behind a semi available, but none of the models that were formerly reasonably priced. Gotta decide how long I can put off this fix unless I want to plunk down $2K for a 6 hour rental on an overkill piece of equipment.
My agent explained to me several years ago, and it may have changed since then, that insurers are not allowed to tailor coverage for specific areas of Florida. It’s all lumped in together.
It’s a complicated issue, no doubt, and was exacerbated by roofers exploiting the system and driving 8 or 9 insurance companies insolvent.
Inflation isn’t helping either. The cost of everything is going up. I just received an email from my pest control company that their prices are going up and will be passing it onto the customer.
This is my understanding as well, that they can't cherry pick what types of coverage they will or will not provide. So, for example, they can't offer auto coverage in Florida but not Homeowner's coverage.
(07-12-2023, 11:08 AM)homebiscuit Wrote: [ -> ] (07-12-2023, 10:18 AM)NYC4jags Wrote: [ -> ]If they still offer coverage, like several other companies they are increasing FL rates on the catastrophe related portions of policies to a point that most consumers will not purchase from them.
I'm not sure the letter of the law on how they are allowed to offer, or not offer coverage based on flood zoning and historical hurricane impact in an area, but insurers seem to just be prohibitively inflating the cost to properly insure properties deemed most at risk if they'll insure you at all.
This is the story I heard from a recent homebuyer on the gulf coast of FL anyway ^
Interesting sidebar on the insurance landscape after a Hurricane:
One of my jobs is based in SWFL and the area was greatly affected by Hurricane Ian about 10 months ago.
I need to rent a telescoping boom lift to make an improvement on the site of my business there.
Prior to the hurricane - I have rented one of these fairly basic 45 ft booms for about $500 per day.
In the wake of Hurricane repairs - the demand and knowledge of insurance funding has driven this cost to $1400 per day and rental shops cannot guarantee when or if one will even be available.
They have the really big ones that come on a full flatbed trailer behind a semi available, but none of the models that were formerly reasonably priced. Gotta decide how long I can put off this fix unless I want to plunk down $2K for a 6 hour rental on an overkill piece of equipment.
My agent explained to me several years ago, and it may have changed since then, that insurers are not allowed to tailor coverage for specific areas of Florida. It’s all lumped in together.
It’s a complicated issue, no doubt, and was exacerbated by roofers exploiting the system and driving 8 or 9 insurance companies insolvent.
Inflation isn’t helping either. The cost of everything is going up. I just received an email from my pest control company that their prices are going up and will be passing it onto the customer.
The inflation of repair costs by disaster relief focused contractors is a big, big factor in all of this.
I've had several friends and acquaintances working with out of town contractors since the hurricane in SWFL.
They tell me stories of wild, wild expenditures by their employers and no one bats an eyelash.
One guy I know well got hired to just use his personal Chevy 3500 series truck to take dump trailers to the county landfill and was getting paid $4000 a week plus gas and vehicle wear-and-tear compensation. And the company put he and one other guy up in a four bedroom vacation rental that cost the company $600 per night for 2 months.
A roofing contractor came into the concert venue one night and we were auctioning off an artist signed guitar for the scholarship fund of a little girl who'd lost her father.
We were up to 3K and he waltzed up and handed over a check for ten grand.
I spoke with him at length afterward and he told me flatly "I've got six crews down here installing roofing. I'm gonna leave here with 2 million dollars in my pocket. Ten grand a'int [BLEEP]." I'm very grateful to him for helping that little girl, but I can't imagine what the bills to insurance companies must be from his jobs.
(07-12-2023, 11:29 AM)KingIngram052787 Wrote: [ -> ] (07-12-2023, 11:08 AM)homebiscuit Wrote: [ -> ]My agent explained to me several years ago, and it may have changed since then, that insurers are not allowed to tailor coverage for specific areas of Florida. It’s all lumped in together.
It’s a complicated issue, no doubt, and was exacerbated by roofers exploiting the system and driving 8 or 9 insurance companies insolvent.
Inflation isn’t helping either. The cost of everything is going up. I just received an email from my pest control company that their prices are going up and will be passing it onto the customer.
This is my understanding as well, that they can't cherry pick what types of coverage they will or will not provide. So, for example, they can't offer auto coverage in Florida but not Homeowner's coverage.
Effectively they can do exactly this. There are multiple companies that will quote me auto but not home. It's not supposed to be that way but loopholes are being exploited. Crist made closing those loopholes part of his 2022 platform, but even if he beat DeSantis and became governor, he probably would not have been successful. The legislature is mostly captured by the insurance companies.
(07-12-2023, 11:35 AM)mikesez Wrote: [ -> ] (07-12-2023, 11:29 AM)KingIngram052787 Wrote: [ -> ]This is my understanding as well, that they can't cherry pick what types of coverage they will or will not provide. So, for example, they can't offer auto coverage in Florida but not Homeowner's coverage.
Effectively they can do exactly this. There are multiple companies that will quote me auto but not home. It's not supposed to be that way but loopholes are being exploited. Crist made closing those loopholes part of his 2022 platform, but even if he beat DeSantis and became governor, he probably would not have been successful. The legislature is mostly captured by the insurance companies.
You're right, I should've said they're not supposed to. Being an adult is too darn confusing, lol.