How many insurance companies are actually left in Florida? I thought a good percentage of them have pulled out of the state entirely citing climate change. I know the premiums offered by the remaining companies have to be insane and it’s not going to get any better.
Massive flooding of whole cities is simply not an insurable thing. Not even with all the reinsurers in the world can you pay out a city of millions. Most sane countries don’t even try.
I live about 5m under sea level. Should de dikes breach and my polder flood (and I don’t die horribly), the insurance company pays fuck all. The Dutch state has a giant mountain of cash sitting by for cases like that.
Of course, handing DeSantis a giant pile of emergency cash would just mean it instantly gets turned into bribes, so that wouldn’t work for Florida.
How many insurance companies are actually left in Florida? I thought a good percentage of them have pulled out of the state entirely citing climate change. I know the premiums offered by the remaining companies have to be insane and it’s not going to get any better.
Massive flooding of whole cities is simply not an insurable thing. Not even with all the reinsurers in the world can you pay out a city of millions. Most sane countries don’t even try.
I live about 5m under sea level. Should de dikes breach and my polder flood (and I don’t die horribly), the insurance company pays fuck all. The Dutch state has a giant mountain of cash sitting by for cases like that.
Of course, handing DeSantis a giant pile of emergency cash would just mean it instantly gets turned into bribes, so that wouldn’t work for Florida.
Fun fact, the biggest point in Florida is currently 345 feet above sealevel. (it’s somewhere near the ballsack.)
The average is like 100
It’s a very bad state to ignore climate change in.
(Edit fixed the stats.)
Coincidentally, I posted this in Political Memes yesterday-
Mar-A-Lago will become the first course exclusively comprised of 18 holes of water hazards.
And the fraud was off the charts too. Roofers going door to door offering free roofs: “oh we can put in a claim…”