While homeowners’ insurance may “average” 6K per year in Florida vs. a national average of less than 2K, I think that stat is a little misleading b/c of all the multi-million dollar homes on Florida’s coasts. That said, if you are stupid enough to build your “dream” home in a hurricane/flood zone, you deserve to pay through the nose.
“ That said, if you are stupid enough to build your “dream” home in a hurricane/flood zone, you deserve to pay through the nose.”
Big talk from someone who is too afraid to post his home state. COWARD.
Yes, pay through the nose (a figurative phrase for the cokeheads who do build idiotic monstrosity homes right on the dunes of the ocean- and then expect the rest of the US to pay for FEMA to match funds, and take the bulk of the rebuild costs). Fact is- there may be hurricanes- so “bet” accordingly with insurance if you think they will pay for it— you’re are in serious need of education. They don’t unless the property is mortgaged and then the mortage company requires the insurance for... covering their “loss” of a home insured to be rebuilt (from their funds).