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The Water Cooler
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Surging home insurance costs could force families to leave these 10 states (OK is one)
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<blockquote data-quote="turkeyrun" data-source="post: 4255841" data-attributes="member: 27991"><p>Mom had coverage for 30 years, never a claim. Hail tore up roof. Adjuster claimed damage was a lack of maintenance issue and refused coverage. The next year, water heater split open. Adjuster claimed lack of maintenance and refused coverage.</p><p></p><p>After I told him where the company could shove their policy, agent said he could get premium lowered. For what? They didn't cover ANYTHING.</p><p></p><p>House is paid for. I dropped coverage and put the premium into a money market account.</p><p></p><p>My buddy in Houston told me his premium went up 25% this year, to $4980. His house is paid for. His insurance and taxes are over $850 per month.</p></blockquote><p></p>
[QUOTE="turkeyrun, post: 4255841, member: 27991"] Mom had coverage for 30 years, never a claim. Hail tore up roof. Adjuster claimed damage was a lack of maintenance issue and refused coverage. The next year, water heater split open. Adjuster claimed lack of maintenance and refused coverage. After I told him where the company could shove their policy, agent said he could get premium lowered. For what? They didn't cover ANYTHING. House is paid for. I dropped coverage and put the premium into a money market account. My buddy in Houston told me his premium went up 25% this year, to $4980. His house is paid for. His insurance and taxes are over $850 per month. [/QUOTE]
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The Water Cooler
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Surging home insurance costs could force families to leave these 10 states (OK is one)
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