“The wise sailor flees the storm as it gathers,” Laenor Velayrion said in the last episode of House of Dragon.
The word of this fictional character echoes as insurance companies flee Florida amid one of the most devastating storms in recorded history.
Many are left wondering, what will happen to all the homeowners whose property has been damaged?
Charlie Crist blames DeSantis for the insurance meltdown
According to Crist, gov. DeSantis “is the worst property insurance Governor in Florida’s history.’
“DeSantis let these insurance companies double Floridians’ rates, and they’re still going belly up when homeowners need them most. You pay and pay and pay, and the insurance company isn’t there for you in the end anyway.”
“This weekend, I demanded that the Governor provide emergency, 90-day coverage for homeowners who were dropped by their failing companies,” Crist asserted, saying it was “more important than ever that this Governor steps up and acts as he cares about Floridians.”
Meanwhile, in a press conference, DeSantis answered Crists’ accusations and tried to justify his action policy on insurance markets.
“We just did a Special Session. We put $2 billion into a fund to provide a backstop that kept a lot of them from going out of business,” DeSantis asserted, referring to funds allocated for reinsurance.
While DeSantis said this is a problem they are going to continue tackling, he made an assurance that this is something they will respond to.
“First of all, we’re a strong state. We’ve got a huge amount of financial wherewithal right now, so we’ll be able to get through it,” DeSantis added.
“But if you’re asking, would I rather not have had a storm hit us, then the answer is yes.”
Earlier, Crist appealed to DeSantis to mandate Citizens Insurance to assume all policies for homeowners that have been dumped by their failed insurance company for the next 90 days in anticipation of the upcoming storm.
Are you worried about your home insurance in Florida?
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