Comments by "" (@commonsense6967) on "HIGH Insurance CRUSHING DREAMS Of Home Ownership" video.

You are correct. Self-insurance is the way to go these days. After 34 years of FL homeowners' insurance, no claims, no damages from weather, and a new roof, I decided paying for it was not the best option. BUT, I willbe putting aside the equal of my old insurance premium every year, just in case the unexpected happens.
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It's a shame what has happened to the blue states.
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@MichaelBordenaro My N. FL rental house is about 1K per year for property insurance. And insurance company not concerned about ancient age of roof! Go figure.
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Michael, a few years ago my homeowners/auto insurance agent retired and a younger one took her place. One of the first things she said to me was, "don't ever make a claim, because we'll drop you if you do!" And she was dead serious. I would state the company, but I still have my rental property insured with them, so I better not.
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@jimshoe402 But buyers simply need to recalculate the tax bill before buying, based on millage rate, using the price the new buyer is paying for the house, NOT the old owner's tax assessment. In my county, the property appraiser's office has a calculator for this, or used to.
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