Sharply higher insurance premiums are affecting property owners nationwide. It’s especially bad in: CA, LA, FL, TX and CO.
This is due to erratic weather (climate) and higher rebuilding costs.
Phenomena like an increasing intensity and frequency of hurricanes, tornadoes, wildfires, and floods are sending some insurers out of business.
State Farm and AllState completely stopped issuing new homeowner policies in California.
Some areas are on the brink of becoming completely UNinsurable. In that case, the only sales that could occur with all cash buyers.
Learn three techniques to keep your skyrocketing insurance costs lower.
As you’ll learn today, landlords have more options than homeowners for navigating spiking insurance rates.
Then, listen to a CNBC clip along with me about how the end of ZIRP (zero interest rate policy) affects your life and investments.
Resources mentioned:
Show Notes:
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