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Posted on 8/11/24 at 4:45 am to Undertow
Between my Insurance and my property taxes going up every year it really makes you think about going elsewhere but then you remember you got such a great mortgage rate a few years back and say never mind.
Posted on 8/11/24 at 4:40 pm to Undertow
The insurance on my place in Florida has gone up about that much recently. I’d like to buy it outright and self insure, but can’t do that yet.
Posted on 8/11/24 at 5:12 pm to Motownsix
If you don’t have a decently new roof you won’t get a new policy. I tried. My roof is a decade old
Posted on 8/12/24 at 9:05 am to BigApple
quote:
Nah, I wish. Just an old house in New Orleans
Time to sell that cancer.
Posted on 8/12/24 at 1:19 pm to Supermoto Tiger
Mine has tripled in three years.
Posted on 8/12/24 at 1:24 pm to BigApple
quote:
Mine has gone from 14k four years ago to over 65k this year. Sucks arse for sure
Do you mean $1400 / $6500?
That seems absurd. Even on a multi million property
Posted on 8/12/24 at 3:09 pm to Undertow
It is all about how old your roof is.
Get class 4 or better shingles.
Get class 4 or better shingles.
Posted on 8/12/24 at 3:29 pm to BigApple
quote:
Mine has gone from 14k four years ago to over 65k this year. Sucks arse for sure
I'm sorry - you're paying $5,400 per month for homeowners insurance?
Posted on 8/13/24 at 9:53 pm to Lightning
quote:
I'm sorry - you're paying $5,400 per month for homeowners insurance?
Yes, he is rich.
Posted on 8/14/24 at 9:23 am to Warfox
quote:
Yes, he is stupid
Posted on 8/14/24 at 10:05 am to whodatigahbait
quote:
Do you mean $1400 / $6500?
That seems absurd. Even on a multi million property
Actually, that doesn't sound absurd at all. The high-end home insurance carriers have either exited the Louisiana market or have made it so expensive that they want you to roll of their insurance rolls. 2025 we are looking at another 25% increase for insurance state-wide over 2024's rates and that's assuming we do not have another Hurricane according to the La. DOI.
Posted on 8/14/24 at 2:25 pm to Undertow
quote:
Anyone else have experience with this who may have some advice?
All home insurance has gone up in DFW. No escaping it here. I stopped around for slightly cheaper coverage, but it’s still up significantly.
They’ll refund you the prorated amount when you cancel.
Posted on 8/14/24 at 3:54 pm to fallguy_1978
quote:
BR is a good market
Insurance is thankfully not the shite show here that it is in much of the rest of S LA right now.
Not sure why this got downvoted. It is absolutely true.
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