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Danny Collins - 4 it's - 3 Bob Stephens - 3 Collins - 3 Stephens - 2 Dan Latu - 2 That's - 2 — - 1
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Search resuls for: "Danny Collins"


4 mentions found


☆ Floridians are relocating to the center of the state to try to avoid hurricanes — and high insurance premiums
  + stars: | 2023-10-08 | by ( Dan Latu | ) www.businessinsider.com   time to read: +5 min
AdvertisementAdvertisementSome Floridians are leaving their coastal homes due to the risk of extreme weather events and increasing insurance premiums —but they aren't going too far. They were happy to move far away from not only the risk of extreme weather events, but also the rising insurance premiums tied to coastal communities. Ocala, Florida John Coletti/Getty ImagesOf course, Ocala is not completely immune to hurricanes, as the Journal noted 2017's Hurricane Irma caused some power outages and flooding. Ocala, Florida Michael Warren/Getty ImagesThe average insurance premiums for Florida residents has tripled in the past five years, according to Insurance Information Institute data collected by the Journal. Danny Collins, who lives in Hobe Sound, Florida, just north of West Palm Beach, previously told Insider his mortgage jumped $1,000 under new insurance premiums.
Persons: —, Courtney Moody, Moody, it's, she's, Ocala , Florida John Coletti, Irma, Jo Anne, Ed Lewis, Bonita Springs . Ocala , Florida Michael Warren, Danny Collins, Bob Stephens Organizations: Ocala, Alpha, Service, Wall Street, Ocala Police Department, Getty, Florida, Insurance, Journal, Farmers Group, West Palm Beach, Dade Locations: Florida, South Florida, Ocala, Orlando, Sunshine, Miami, Ocala , Florida, Bonita Springs, Bonita Springs . Ocala , Florida, Hobe Sound, West Palm, Marathon . Ocala, Marion, Dade County, that's
☆ The vicious cycle of homeowners insurance: It's increasingly expensive to protect homes in the disaster-prone areas that need it most
  + stars: | 2023-09-20 | by ( Dan Latu | ) www.businessinsider.com   time to read: +6 min
Earlier this year, Allstate joined State Farm in no longer offering new home insurance in California over climate risk. Across the country, 83% of prospective homebuyers said climate risk factored into where they are shopping for homes, according to a recent Zillow study. Danny Collins of Hobe Sound, Florida, told Insider in July how the bank holding his mortgage raised his monthly rate by $1,000, citing increased flood insurance. Matheus told Insider. Have you moved or are you considering a move because of climate risk and extreme weather events?
Persons: Carolyn Kousky, Berkshire Hathaway, Vox, Dave Jones, they'll, Danny Collins, Collins, Bob Stephens, Stephens, Martha Flanagan, Jason Beury, Charles Matheus, Kelly Roberge, Matheus, Dan Latu Organizations: Service, The Washington Post, Environmental Defense Fund, Allstate, Berkshire, Nationwide, National Association of Insurance, . Erie Insurance Group, Washington Post, State Farm, Farmers Insurance, Insurance, Wall Street, Journal, Hobe, Marathon Locations: Florida, Kansas, New York, California, Louisiana, United States, Coral, Florida's, Hobe Sound, Arizona, Brooklyn , New York, Kansas City , Kansas, Utica , New York, dlatu@insider.com
☆ Natural disasters are making it harder for you to insure your home — and costing homeowners thousands
  + stars: | 2023-08-22 | by ( Dan Latu | ) www.businessinsider.com   time to read: +3 min
These are the issues that are plaguing Florida," Collins told Insider. The climate crisis is impacting the cost of homeownership nationwide, as insurance companies adjust their models based on the shifting frequency and scale of natural disasters. Tell us how the climate crisis is affecting you and where you live. Homeowners left in a lurchIn California, homeowner Nick told Insider that he couldn't find affordable insurance for his $100,000 cabin in the Klamath National Forest. "We never thought the fires could be this frequent and this bad," he told Insider.
Persons: Danny Collins, Collins, it's, That's, Dan Latu, Nick, wasn't, Bob Stephens, Stephens Organizations: Service, Homeowners, Klamath National Forest, New York Times, State Farm, Insurance Locations: Florida, California, Wall, Silicon, Klamath
☆ My monthly mortgage went up $1,000 after my Florida home was put in a flood zone. I'd leave the state but my wife's business is here.
  + stars: | 2023-07-23 | by ( Dan Latu | ) www.businessinsider.com   time to read: +3 min
Florida resident Danny Collins found out that his mortgage went up $1,000 a month. FEMA placed his home in a flood zone, and his bank bought him flood insurance without telling him. Even though we're on the coast, we initially weren't in a flood zone. They just said that there was flood insurance that we had to have, and they had bought it for us. If I could leave Florida I would, but my wife has built her business here.
Persons: Danny Collins, Collins, we're, haven't, it's, I've, That's Organizations: FEMA, Service, Florida Locations: Florida, Wall, Silicon, Sound
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