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Reply to "RIP Florida real estate "
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Is Northern FL (Jacksonville area) having the same problems? I know there are very plaintiff-friendly, often abused laws that drive up homeowners insurance costs...but wondering if Northern Fl is considered less a weather/flooding risk (or not).[/quote] It's all relative. It still has a high water table and no elevation and it's only a matter of time. Blame plaintiff friendly often abused laws, it's not a good place to build a home and hasn't been for awhile.[/quote] I am not trying to blame plaintiff-friendly laws...but I keep reading stories about basically tons of fraudulent roofing claims. I don't understand the fraud involved, but it seems FL specific.[/quote] The roofing was Florida Specific. Florida law provided for roof replacements (repairs were disallowed) after storm damage. If the insurance companies denied the claim, attorney's fees were provided by statute. Roofing contractors used to go door to door after a storm selling news roofs. They passed a new law in 2021 pulling back those rules. [/quote]
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