"I think this problem is really and made crazier by the government-backed insurance programs that subsidize flood and wind coverage. Yes insurance is expensive but I would argue should be more so but the government effectively subsidizes wealthy people building homes within a mile of the water. I joke what is one of few issues that Elizabeth Warren and Marco Rubio agree upon: this effective subsidy because they both have home state donors / supporters who want it! I will get off my soap box."
So appreciative for sending this
Insurance Observation. Yes. You
Guessed it. My wife and I are full-
Time Floridians! Car insurance is
Nuts.🥜 Home insurance…a real challenge. It’s serious! Help! Pls Jeff Becker
Jeff, I wish I could help. It's tough to see what everyone is going through. I hope you stay dry this summer!
Just received this from another reader:
"I think this problem is really and made crazier by the government-backed insurance programs that subsidize flood and wind coverage. Yes insurance is expensive but I would argue should be more so but the government effectively subsidizes wealthy people building homes within a mile of the water. I joke what is one of few issues that Elizabeth Warren and Marco Rubio agree upon: this effective subsidy because they both have home state donors / supporters who want it! I will get off my soap box."
Are you on VC? Waiting for the next newsletter.
Yes!! The cost of insurance has gone up!!!! We can save some some cash by raising are deductibles and cover the small stuff with saved cash.
Thank you for the information. This is why landlords must check their cost every year when it comes to raising rent even on a perfect tenant.