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re: And it's only getting worse, multiple carriers left La on 1-1-2024
Posted on 2/1/24 at 1:00 pm to southside
Posted on 2/1/24 at 1:00 pm to southside
My homeowners insurance has gone in two years from 2,400 to 4,700 to 6,200
Just got my flood insurnace bill this week. In two years, it has gone from 648 to 779 to 906.
Thankfully I bought this house before prices went crazy and I got a low interest rate.
But... that's the thing. If I move somewhere else, I'm going to have to pay for for the same size house, plus higher interest rate, and that probably exceeds or comes close to exceeding the additional insurance costs here. Plus my kids would have to start over, etc.
It's a rock and a hard place. The time to leave was probably 5 years ago.
Just got my flood insurnace bill this week. In two years, it has gone from 648 to 779 to 906.
Thankfully I bought this house before prices went crazy and I got a low interest rate.
But... that's the thing. If I move somewhere else, I'm going to have to pay for for the same size house, plus higher interest rate, and that probably exceeds or comes close to exceeding the additional insurance costs here. Plus my kids would have to start over, etc.
It's a rock and a hard place. The time to leave was probably 5 years ago.
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