How long before it Starts??? The Endless Phone Calls from those with Heavy Foreign Accents telling us how we can save a load on our homeowners insurance?
Emphasis on " A Load"
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If indeed home insurance premiums increase everywhere as a result of the LA fires, then every other state should sue California for gross negligence. Not only was there no brush removal, there was also no water in the hydrants. Plus, no Federal aid unless CA agrees to institute and maintain effective land and water management programs.
Similar numbers here in TN. Low cost of living here compared to where I grew up.
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We are looking at North Carolina or Georgia for those very reasons, once our son finishes College.
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People are just leaving their homes over it, in Florida.
So you don’t have a mortgage where the bank requires insurance?
I do not. No car payment either.
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Get ahead and stay ahead.
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Not sure about other states, but I’m required to have HOI if I have a mortgage. I don’t have to if my loan is paid off. Not sure of the states that require it even though there is no mortgage on the property…
People today are living to pay interest on loans and taxes to the government. You’ll never get away from taxes, but there is a way to pay as little as possible.
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Yea that’s what everybody is thinking and I’m seeing so many out of state people
Migrating to NC. While the cost of living here is comparably lower with respect to FL, it is rising fast. My home owners insurance on a 2700 sq ft 590k 8 year old home just went from $1000 to $1700 and I live in the middle of the state. No hurricanes and no earthquakes.
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And you’re whinning about that? 
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I mean am I supposed to be happy that my hoi almost doubled?
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I know that NJ is constantly slammed for high price everything but so far our home insurance is relatively cheap. 3900 square feet, $2200. I hope that it stays that way. 
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That’s awesome. Me either. And no property insurance either. We fired Chubb Insurance about 3 years ago.
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Unlike most of us you’re in the unique position where you own enough real estate that self insuring is cheaper than paying a commercial insurance company. 
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It’s gambling. But with each property we build the risk gets spread thinner. And we build them very fire resistant. Fire mitigated properties, away from other properties, sprinklers, 5/8ths Fire X drywall, etc. We have two properties smack next to each other. That’s a risk. And of course we can’t do much about the liability of someone getting hurt on the properties. This year we built break-away mailboxes so as to do less harm to anyone who smashes into one.
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That is probably the biggest risk. Unless you are able to easily handle a multi-million dollar hit to your finances, instead of being completely self-insured, you should perhaps see if you can get liability-only insurance on your properties.
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