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Rorey

(8,514 posts)

2. Lucky you

Reply to woodsprite (Reply #1)

Mon Jul 31, 2023, 09:43 AM

Jul 2023

Everything has skyrocketed here. I have a couple of rental houses, and because both my property taxes and insurance have gone up so much, I'm going to be selling them over the next three or four years. People tell me to raise my rents, but the tenants are barely making it as it is.

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Home Insurers Are Charging More and Insuring Less [View all] dalton99a Jul 2023 OP

So thankful we 'grandfathered' in to our woodsprite Jul 2023 #1

Lucky you Rorey Jul 2023 #2

I understand your dilemma jimfields33 Jul 2023 #3

I just really, really, really hate being a landlord Rorey Jul 2023 #13

Even in "safe" areas, climate change will wreck insurance policies NickB79 Jul 2023 #4

+1. Safe areas will effectively subsidize high-risk areas dalton99a Jul 2023 #5

That's what insurance does. Igel Jul 2023 #10

They have been doing this for years. Nt spooky3 Jul 2023 #7

Now climate change is accelerating rapidly NickB79 Jul 2023 #9

well, it's kind of dumb... Think. Again. Jul 2023 #6

The purpose of insurers is to make money, not cover losses. Chainfire Jul 2023 #8

Both. Igel Jul 2023 #11

Yes, mine went up 11% this year. sinkingfeeling Jul 2023 #12