this post was submitted on 14 Jun 2024
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[–] 0110010001100010@lemmy.world 41 points 5 months ago (2 children)

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.

[–] Tar_alcaran@sh.itjust.works 42 points 5 months ago (1 children)

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.

[–] FuglyDuck@lemmy.world 24 points 5 months ago* (last edited 5 months ago) (1 children)

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.)

[–] FlyingSquid@lemmy.world 26 points 5 months ago (1 children)

Coincidentally, I posted this in Political Memes yesterday-

[–] disguy_ovahea@lemmy.world 11 points 5 months ago

Mar-A-Lago will become the first course exclusively comprised of 18 holes of water hazards.

[–] brbposting@sh.itjust.works 10 points 5 months ago

And the fraud was off the charts too. Roofers going door to door offering free roofs: “oh we can put in a claim…”