Property insurance market shows 'signs of stabilization,' Florida says
Publicado 2024-07-26
But homeowners say their insurance premiums are still sky high.
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This is true. Up up up.
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Until these insurance companies can make money, rates will go up. The insurance industry is stealing money from the homeowner in more than just premiums, Home equity is going down because the monthly cost people have to pay for insurance and taxes take a bigger bite out of monthly income than the mortgage payment, which in most cases is fixed. So it is like these investors that bought mobile home parks. They raise the monthly rent so high that the trailers are worth nothing and the owners can not do nothing about it.