Just kind of wondering about the quotes people are sighting on this thread. I guess I'm lucky so far. I just insure for worst case scenario with maximum deductible, no flood, no contents etc. The yearly savings adds up over time and could be construed as "self insurance" . The change I just made on my renewal could save me 13k over ten years. I recall reading an article years ago about flood insurance in Florida an how the rates have been artificially suppressed in relation to the actual risk exposure to the insurance companies. I don't entirely understand all the factors involved but the bottom line was that it is a huge problem for Florida and could have a major impact on rates and possibly real estate values.

Edited: 03/12/2021 at 09:51 AM by grdsurf