Think twice
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5/11/2007
One thing not factored into the cost of living in florida is home owner/ flood insurance (mandatory if you have a mortgage). With the recent rash of hurricanes flood insurance is almost impossible to obtain unless you get it from the state run program, otherwise known as the insurance co. of last resort. I live in a modest 3b/2b home in the Tampa area and it increased this year to $6,000.00 per year. And that's just for flood! many people are increasing the amt. of their deductible from any where between 12k to 70K just to afford the mandatory coverage. It's crazy! I'm a native Flordian and can tell you I can not wait to move out of Florida. It's too hot, too crowded and too expensive! Urban sprawl has linked almost every city or town together with vacant strip malls and dry cracked asphalt. There is always a water shortage and the traffic is horrible!!!!
Abhd | East Lake, FL