Comments by "Henry TheGreatAmerican" (@henrythegreatamerican8136) on "5 Things EVERYONE GETS WRONG ABOUT HOME INSURANCE" video.

  1. When I buy my house in south Illinois, the only home insurance I'm getting is catastrophic. And I'm not sure flooding in that area is an issue but wind definitely is. Not sure why I'd need insurance for anything else. If I can't afford to fix the A/C or a small leak in the roof, then I probably should not be owning a house.
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  2. Maybe you might know this or someone who does. I'm not sure how to explain it but here I go. Is there a homeowner's insurance fund similar to a retirement account? You are not paying an insurance company. Instead, you put money into your own homeowner's account each paycheck that builds up over time and is tax free. You can only remove the money tax free if there is major damage to your home or for major healthcare expenses. Otherwise, if you remove it for any other reason the tax penalty kicks in. If you move to a new home, this account moves with you tax free. Kind of like how a 401k retirement account works
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  3. And before I sign the policy, I'd ask ChatGPT (or some other chat bot) to help me find potential loopholes 🙂
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  4. Yea, but his views on government spending and debt are not fully fleshed out. He never gets to the root of the problem. He only discusses the endgame results from the spending and debt.
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