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Key:
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Joined: Jan 2005
Posts: 1,992
8 point
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8 point
Joined: Jan 2005
Posts: 1,992 |
It's industry wide. Problem is, it's not done increasing. It's only going to get worse. Commercial property insurance is even worse.
I feel bad for first time homebuyers these days. Between interest rates, high homeowners insurance, and inflation over the past few years, it's out of reach for many.
Pay attention to your roof loss settlement provision in your policy. Insurers are all slowly moving towards not paying replacement cost on roofs. A lot of folks don't even know it's on there.
"The future's uncertain and the end is always near"
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