Milton rapidly intensified to a Category 5 hurricane late Monday morning.
Within hours, Milton strengthened to a Category 2, then a Category 3, then a Category 4 and finally a Category 5.
Milton now ranks as the third-greatest 24-hour wind speed intensification for a hurricane in the Atlantic Basin. (Records are based on data since the satellite era began in the 1960s.)
Insurance companies don’t build shit. They just collect money from people, and sometimes give some of it back.
They’re actually required to give 85% of everything back, so they give back most of it. It seems like Florida is becoming too much of a hassle to insure, though. Some companies have pulled out of florida.
Everyone in FL should have pulled out.
This joke works on multiple levels and I’m happy about that.
Does that 85% include their costs or is that the full amount returned to policy holders?
unless they can find a way to screw you over for profit, then they absolutely will no matter how ridiculous the “reasoning”*
I believe it was Katrina where the insurance said it was wind damage when you only had flood insurance, but if you’re neighbor only had wind coverage they’d tell them it was water damage.
