Started Scratch Independent Agency in NY almost 1 month.

[Scott Ashton]

Well here in Florida we have plenty of demand and no product...You can always sell yourself, but getting the product is the hard part. Absolutely ridiculous rates with customers averaging $2k month income and $350 monthly for average auto insurance makes it a volatile combination.

 

[tikibarrister]

Well here in Florida we have plenty of demand and no product...You can always sell yourself, but getting the product is the hard part. Absolutely ridiculous rates with customers averaging $2k month income and $350 monthly for average auto insurance makes it a volatile combination.

I can understand property rates being through the roof in FL due to hurricanes...is that the same thing driving up auto rates? I suppose when your house is tossed in the air the cars probably are, too.

 

[Scott Ashton]

Most of it comes from the Dan Newlin & John Morgan comedy hour...with their brainwashing commercials for auto insurance claims fraud...last stat I saw is Florida has 33 percent of the nationwide PIP fraud & 79 percent of all insurance claims are filed in Florida! Seriously?

 

[tikibarrister]

Most of it comes from the Dan Newlin & John Morgan comedy hour...with their brainwashing commercials for auto insurance claims fraud...last stat I saw is Florida has 33 percent of the nationwide PIP fraud & 79 percent of all insurance claims are filed in Florida! Seriously?

79% of home insurance lawsuits, not claims.

[EXTERNAL LINK] - The big reason Florida insurance companies are failing isn't just hurricane risk – it's fraud and lawsuits | FIU News - Florida International University

 

[Allen Trent]

Well here in Florida we have plenty of demand and no product...You can always sell yourself, but getting the product is the hard part. Absolutely ridiculous rates with customers averaging $2k month income and $350 monthly for average auto insurance makes it a volatile combination.

According to Census, average household income in Florida is around $6k

 

[Scott Ashton]

I've done enough credit applications over the years to see it at $2000-$2500. Maybe I need to see the other side of the tracks more often?

 

[Markthebroker]

You can always sell yourself,

Yeah, we could, but many of us got into insurance so we didn't have to live like that any more.