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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="Roots" data-source="post: 4256162" data-attributes="member: 56216"><p>It is friggin' ridiculous. One agent said my rate was higher than a rental in inner city Detroit. $12k roof deductibles from everyone except USAA ($4500). I rent out to Section 8, too. For some reason (lol), they didn't raise Fair Market Rent by even close to what my insurance went up. </p><p></p><p>I don't see this as a Biden issue as much as a poorly managed economic COVID response from both Biden and Trump. Our government drastically overprimed the pump. Trump's PPP was a joke (but thanks for the free money). Biden had no business giving out more aid when he took office. Tax breaks for billionaires was another joke (Trump) and a trillion dollars in spending during record inflation isn't any better (Biden). Economic illiteracy transcends party lines. </p><p></p><p>Our state government at least acknowledges the insurance issue, but the legislation they proposed, like grants for better shingles, doesn't seem like it's going to help the average Joe very much.</p></blockquote><p></p>
[QUOTE="Roots, post: 4256162, member: 56216"] It is friggin' ridiculous. One agent said my rate was higher than a rental in inner city Detroit. $12k roof deductibles from everyone except USAA ($4500). I rent out to Section 8, too. For some reason (lol), they didn't raise Fair Market Rent by even close to what my insurance went up. I don't see this as a Biden issue as much as a poorly managed economic COVID response from both Biden and Trump. Our government drastically overprimed the pump. Trump's PPP was a joke (but thanks for the free money). Biden had no business giving out more aid when he took office. Tax breaks for billionaires was another joke (Trump) and a trillion dollars in spending during record inflation isn't any better (Biden). Economic illiteracy transcends party lines. Our state government at least acknowledges the insurance issue, but the legislation they proposed, like grants for better shingles, doesn't seem like it's going to help the average Joe very much. [/QUOTE]
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Surging home insurance costs could force families to leave these 10 states (OK is one)
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