Hurricane Ian
10-01-2022 | 09:38 PM
#171
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From: naples,florida
Went down to south Naples tonight and 5th avenue is all open and untouched with power.
a block in towards the gulf and there was 4 feet of water so water reached 2 blocks inward.
3rd avenue is undamaged but closed due to no power.
Port Royal has moderate flood damage and is still no power.
Oyster Bay on the East of Naples bay had 4-5 feet of wind surge that flooded a lot of the older homes that weren’t built up
walked around the beach down by the Naples pier and not a ton of damage but I would say a 100-200 thousand per a home .
Naples got off big time but seasons not over.
a block in towards the gulf and there was 4 feet of water so water reached 2 blocks inward.
3rd avenue is undamaged but closed due to no power.
Port Royal has moderate flood damage and is still no power.
Oyster Bay on the East of Naples bay had 4-5 feet of wind surge that flooded a lot of the older homes that weren’t built up
walked around the beach down by the Naples pier and not a ton of damage but I would say a 100-200 thousand per a home .
Naples got off big time but seasons not over.
10-02-2022 | 05:37 AM
#172
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Definitely make ya think twice about living on a barrier island. Actually just the traffic in the winter would wear you out. My cousin is on the bayside of Longboat Key, he told me if he weren’t retired it wouldn’t be doable considering time it takes to get on and off the key in the season.
I've always been conscious of "low areas," you know when it's high tide and you feel like your almost eye level with the water on the horizon! Or when it rains and that one street seems to get 4-6 inches more water than any other block in the neighborhood. That being said, with the rising seas I think we will see more of these events and it would deter me from living on any barrier island.
I've visited the Tampa/St Pete area regularly for over 20 years. Places like Snell Isle/Davis Islands always gave me that low area vibe. As bad as this storm was, it would have really wreaked havoc on the Tampa Bay area. With rising interest rates/insurance rates I suspect that waterfront stuff will soften considerably.
10-02-2022 | 06:58 AM
#173
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Joined: Feb 2003
Posts: 6,192
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From: Lafayette,La
Wow. that's just mind blowing........God Bless..... Take years to clean out all those canals and waterways. You just can't replace land loss like that. Heart breaking ......Nobody needed this to happen. Nobody.
10-02-2022 | 09:00 AM
#174
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Joined: Dec 2015
Posts: 62
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From: Florida Gulf Coast
I live (or lived) on a 52 Jefferson in Fishermans Village Marina in Punta Gorda. Boat was sitting in the mud for almost the whole storm until the eye passed, then water came in and wind changed direction. It beat the boat to death against pilings….
My Ol’ Sonic made it, was in storage yard on trailer, even though RVs were blown over around it.
My Ol’ Sonic made it, was in storage yard on trailer, even though RVs were blown over around it.
10-02-2022 | 09:27 AM
#175
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Joined: Feb 2012
Posts: 1,131
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From: Sarasota FL. Priest River ID
Went down to south Naples tonight and 5th avenue is all open and untouched with power.
a block in towards the gulf and there was 4 feet of water so water reached 2 blocks inward.
3rd avenue is undamaged but closed due to no power.
Port Royal has moderate flood damage and is still no power.
Oyster Bay on the East of Naples bay had 4-5 feet of wind surge that flooded a lot of the older homes that weren’t built up
walked around the beach down by the Naples pier and not a ton of damage but I would say a 100-200 thousand per a home .
Naples got off big time but seasons not over.
a block in towards the gulf and there was 4 feet of water so water reached 2 blocks inward.
3rd avenue is undamaged but closed due to no power.
Port Royal has moderate flood damage and is still no power.
Oyster Bay on the East of Naples bay had 4-5 feet of wind surge that flooded a lot of the older homes that weren’t built up
walked around the beach down by the Naples pier and not a ton of damage but I would say a 100-200 thousand per a home .
Naples got off big time but seasons not over.
10-02-2022 | 07:13 PM
#176
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Just saw a friend at dinner tonight, her husband is a fish and wildlife cop and he got called over to assist with search and rescue. Working 6am to midnight shifts, his squad found 23 bodies and they are not entering houses yet, still waiting for the water to recede. He said they are using swamp buggies to pull people off their roofs. They are waiting on the roof to stay dry and be seen.
He said it stinks bad, salt water muck and dead animals both wildlife and former pets.
He said it stinks bad, salt water muck and dead animals both wildlife and former pets.
10-03-2022 | 10:53 AM
#178
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Joined: Jul 2011
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From: Clearwater, FL
10-03-2022 | 11:00 AM
#179
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Posts: 5,170
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From: Clearwater, FL
Our conversation might have got twisted here with the escrow thing, he did not have his money put into a bank escrow acct by any means
He owned a house he inherited from his grandparents, 2200 square foot or so. He called his agent and asked what he could do to get the premium lower, the agent told him he had "replacement insurance' and that he would get XXX dollars based on square footage (maybe im wrong there, was in about 2002/2004) if there was a total loss and that going to ACV/market value would only take his premium down from 1100 a year to like just over 1000 and would be a mistake (houses in neighbor hood were worth 35,000 to 60,000). The house was a total loss when it had a natural gas explosion/fire. He thought he was gonna get a check for like 55, 60,000, met with adjuster at office to settle claim, he says (I wasnt there) they handed him a check for about 230,000$ and said at 129$ or whatever a square foot to replace it, this was 80% and IF he actually built a new house (place was close to a ghetto) they would pay the 20% difference but he had to actually replace the house. The place was being rented at time, luckily he had informed the agent he was going to be renting it who told him they will NOT write rental policy's for replacement cost and wont write new policy's for rentals period (in the city limits/high arson rate) but since he/his grandparents had continuous coverage they would continue to insure it. I did see the check. but the rest I'm only going on what he told me. I had same insurance agency at time and same under writer, Cincinnati insurance. The first thing I did when I heard this whole thing was CALL my agent and ask him if I had a total loss, would I be getting market value/acv or replacement cost? My current insurance these days just says like 385,000 structure and 180,000 contents or something like that ,not limited to the depressed market value.like those stuck in Saginaw
He owned a house he inherited from his grandparents, 2200 square foot or so. He called his agent and asked what he could do to get the premium lower, the agent told him he had "replacement insurance' and that he would get XXX dollars based on square footage (maybe im wrong there, was in about 2002/2004) if there was a total loss and that going to ACV/market value would only take his premium down from 1100 a year to like just over 1000 and would be a mistake (houses in neighbor hood were worth 35,000 to 60,000). The house was a total loss when it had a natural gas explosion/fire. He thought he was gonna get a check for like 55, 60,000, met with adjuster at office to settle claim, he says (I wasnt there) they handed him a check for about 230,000$ and said at 129$ or whatever a square foot to replace it, this was 80% and IF he actually built a new house (place was close to a ghetto) they would pay the 20% difference but he had to actually replace the house. The place was being rented at time, luckily he had informed the agent he was going to be renting it who told him they will NOT write rental policy's for replacement cost and wont write new policy's for rentals period (in the city limits/high arson rate) but since he/his grandparents had continuous coverage they would continue to insure it. I did see the check. but the rest I'm only going on what he told me. I had same insurance agency at time and same under writer, Cincinnati insurance. The first thing I did when I heard this whole thing was CALL my agent and ask him if I had a total loss, would I be getting market value/acv or replacement cost? My current insurance these days just says like 385,000 structure and 180,000 contents or something like that ,not limited to the depressed market value.like those stuck in Saginaw
So currently if you have an HO3 policy in FL, you have RCV on your home. That however does not account in a total loss, at that time limits will be paid. NOw keep in mind that like you mentioned there can be contents, Other structures, and even ALE. So while someone might have had $80k in Cov A dwelling, they can also carry $100k RCV contents, $20k in other structures, and say $30k in ALE. So when the total loss checks come in it is for $230k as it maxed out limits for all coverages.
ACV on a HO3 policy in FL isnt really a thing unless you line a modular home. It is however coming as it will decrease rates and give options to the insureds for coverage.
10-03-2022 | 12:27 PM
#180
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Joined: Jun 2007
Posts: 7,296
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From: Merritt Island, FL
So currently if you have an HO3 policy in FL, you have RCV on your home. That however does not account in a total loss, at that time limits will be paid. NOw keep in mind that like you mentioned there can be contents, Other structures, and even ALE. So while someone might have had $80k in Cov A dwelling, they can also carry $100k RCV contents, $20k in other structures, and say $30k in ALE. So when the total loss checks come in it is for $230k as it maxed out limits for all coverages.
ACV on a HO3 policy in FL isnt really a thing unless you line a modular home. It is however coming as it will decrease rates and give options to the insureds for coverage.
ACV on a HO3 policy in FL isnt really a thing unless you line a modular home. It is however coming as it will decrease rates and give options to the insureds for coverage.
