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.