We Are Still Floridians

May 20th, 2011

Highlands Hammock, FL

Highlands Hammock State Park

I posted the following in response to the comments I received on My You’ve Got Mail post. I decided to make a post out of it, in addition to the comment, as it will most likely get lost otherwise.

Wow! Seems like, if you are going to get a South Dakota address, MyDakotaAddress is the way to go. Not a negative review in the bunch. Thanks to everyone for your feedback.

After running all of the numbers, we have decided to remain Florida residents. For us, it all boils down to the points noted below. We calculated the following figures using American Home Base as our Florida address and MyDakotaAddress as the South Dakota address.

  • It turns out that our $1000ish a year auto/camper (Florida) insurance would only be reduced by about $80 a year in SD. Not the 1/2 price reduction everyone else experienced

  • Our registration would go down significantly. It is currently $185/yr in Florida. It would be $75/year in South Dakota.

  • We would have to find a new health insurance provider. Humana doesn’t do business in Madison, SD. None of the comparable plans that with providers that do service in that area were any cheaper than our current ones.

  • Our mail service, while HIGHLY recommended, would cost us $36 more per year.

  • We would have to travel to Madision, SD sometime within the next year.

So as of right now, the $230 savings are not worth the hassle nor the 1400 mile trip from our current location to Madison. If/when we do pass through South Dakota, we will most likely make the move.

Thanks again to everyone for your input. I am sure this post will be helpful to others in the future as they contemplate making the same choices.

You’ve Got Mail

April 26th, 2011


An unusual mailbox in Miami, FL
I have always been a resident of Florida. I had always planned to be. That is, until I realized how much I could really be saving as a resident of South Dakota. Turns out, my car/house insurance could be cut in half. Neither Florida nor SD have state income tax or yearly vehicle inspections so that’s a wash, but it would cost half as much to register my truck each year in SD. Unfortunately, all the stuff we heard about health insurance being cheaper doesn’t seem to hold true. The prices were comparable to our current plans in Florida (which btw have gone up 50% in the last three year w/o any claims.).

We have been pretty happy with our current mail forwarding service. They are only $15/mo for up to five mailings a month whether they are scheduled or on demand. They discard all junk mail and only send us items that are first class or higher. We can also call and see what mail they have for us at any time of day. We are bit leery of switching to another. As far as I know, there are seven mail forwarding services to chose from. So, now we get to the true point of this post: Are any of our readers residents of South Dakota? Do any of you have experiences or opinions on the mail forwarding/residency services in South Dakota.