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To: LindyBill who wrote (68328)9/9/2004 9:27:06 AM
From: John Carragher  Read Replies (1) | Respond to of 793964
 
my cousin just bought one last year near Tampa. I couldn't understand why someone would buy a mobil home to use three months a year with the weather they get in Florida. g



To: LindyBill who wrote (68328)9/9/2004 9:52:29 AM
From: Ish  Read Replies (1) | Respond to of 793964
 
<<I can't believe any insurance companies will insure property there next year.>>

Might not be any property left to insure there next year.

After Andrew cost State Farm $4 billion they have been buying reinsurance for most of their Florida policies and have cut their exposure to $200 million. Looks like they made a smart move.



To: LindyBill who wrote (68328)9/9/2004 11:05:40 AM
From: Ilaine  Read Replies (2) | Respond to of 793964
 
I think flood insurance is subsidized by the federal government. Not sure, we don't live in a flood zone, but had to get a certificate to that effect when buying insurance for our own house.

I have been going to the Florida panhandle every summer for years, and it just keeps getting more and more built up. Places which used to be pristine are now all covered with new construction. This year and last year the water was really dirty, not the pure emerald green that I love.

Thinking I may start flying to the Caribbean for summer vacation instead.

I used to dream about retiring to Florida but doubt I could afford it now.