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Reply to "Anyone move from DMV to no state income tax state?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]I have an older family member who moved to FL. Not sure if the income tax situation is wonderful, but she is now beset by property taxes AND home insurance woes. The insurance companies want her to replace a perfectly sound roof before they will cover her, at a cost of 45k and up. So far, 45k is her lowest quote. I have definitely had some second thoughts about FL though it was in my long-term plans [/quote] DeSantis actually banned this a few months ago. They need to cover you now if the roof still has a few years in it.[/quote] Perhaps, but home owner insurance companies are pulling out the Florida market in droves. Progressive, one of the nation’s largest home owner insurance announced in September it would not underwrite any more policies and decided not to renew some others. So many people have to utilize the state sponsored insurance company or no-name companies. To be fair, Travellers has committed to stay, for now. [/quote]
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