This was the original Seminole Heights blog with commentary about life in and around the urban neighborhood of Seminole Heights in Tampa, Florida. Musings about other topics as my mood permits. The blog is essentially inactive since I moved to Lutz. Go to The Official Unofficial Seminole Heights Blog - www.seminoleheightsblog.com for active content.
Friday, October 13, 2006
My solution to the insurance crisis
Require every elected official's salary be cut by 10% and that money is used to pay the increase insurance costs for residents. Every year another 5% is cut until they come up with a solution. We'd see some real action then.
Don't forget that sinkholes also increase the insurance costs in Central Florida. The more pumping of well water, the greater the risk. As our population grows, the more wells will be dug. Sinkholes and tornadoes are more common in the inland, "hurricane safe" zones.
I do agree with Flyer Anon that construction in the riskier areas should be discouraged. At the very least there should be a cap on insurance coverage for those buildings--something like $100K including contents.
Don't forget that sinkholes also increase the insurance costs in Central Florida. The more pumping of well water, the greater the risk. As our population grows, the more wells will be dug. Sinkholes and tornadoes are more common in the inland, "hurricane safe" zones.
ReplyDeleteI do agree with Flyer Anon that construction in the riskier areas should be discouraged. At the very least there should be a cap on insurance coverage for those buildings--something like $100K including contents.