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- This is one of the reasons for the current Florida property insurance crisis
This is one of the reasons for the current Florida property insurance crisis
Summary
This video explains a key reason behind Florida's property insurance crisis: roofing scams. Roofers would canvas neighborhoods after storms, convincing homeowners to file insurance claims, even if the damage was minor or non-existent. They would then quote exorbitant prices for unnecessary repairs, and if the insurance company denied the claim, they would sue.
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