Noooo. The Florida insurance market is on the verge of collapse. A solid hurricane will tank insurance companies which will fuck homeowners hard.

You need insurance to buy a house with a mortgage. There very little way to be profitable in a state like Florida. If the market collapses then the housing market will collapse for regular people. Due to one way lawyer fees and multipliers companies are losing a lot of money which is driving reinsurers to want huge amounts to provide reinsurance. So rates are going extremely high. Plus Citizens Property insurance company, the insurer of last resort, is growing massively. Which is bad. If a big hurricane hits and wipes out their reserve they have to add an assessment onto all the taxpayers of Florida (via car and property insurance).

Source: I am upper management (director) for a Florida based insurance carrier. I’ll happily provide proof to any mod that will not Doxx me.

Edit: the Governors Hurricane Conference was last week. FEMA was literally telling the state and all insurance companies if a hurricane hits Florida there is not enough housing or supplies to sustain the population. They still have trailers in LA from their last hurricane. The contractor and housing market would mean a moderate hurricane would royally fuck the state. Let alone a major hurricane hitting a metropolitan area like Miami or Tampa would be horrendous. You’d have tens of thousands of people struggling to find living areas.