Surging home insurance costs could force families to leave these 10 states (OK is one)

[CHenry]

Ok, I'll play. Miss the entire point much?

So that I understand, you are so rich that inflation and Bidenomics don't affect you? Yeah, that must be nice. That checks out with almost every truly wealthy person I've known. Almost none of them care what something costs as long as they have cash to cover it. Uh huh.

Completely separate question for no particular reason, do you feel that shoving large quantities of edibles down a person's throat could impact their reading comprehension negatively? Just curious.

I am not "so rich" but I do alright and dont have alot of expenses.
and Edibles? Edible what, the only edibles I swallow are steak n tators.

 

[JD8]

It's increased greatly in the last two years and according to that link could be up to 40 percent by 2030. No doubt rising insurance costs will be a factor. Also look to see if these institutional investors also own or control insurance companies. Very possible.

"Could be" doesn't define reality. Did you see the lack of exposure in Oklahoma? Or most of the midwest in general?

Blackrock doesn't own State Farm, Farmers, etc that I can see.

 

[okcBob]

The topic os the thread was surging insurance cost.

Plz see posts 52,59,67, etc. we were discussing inflation.

 

[trekrok]

A little dated, but puts OK up there in institutional purchasers by percentage.

https://cdn.nar.realtor/sites/defau...ales-and-single-family-rentals-05-12-2022.pdf

 

[CHenry]

Plz see posts 52,59,67, etc. we were discussing inflation.

Yes and that was a highjack. I was referring to the subject of insurance cost.

 

[okcBob]

Yes and that was a highjack. I was referring to the subject of insurance cost.

Then why reply to my post? We weren’t talking about insurance. (BTW, the mod was also discussing inflation. Lots of us were. )

Read the posts before making an unsolicited & unrelated comment .

 

[CHenry]

Then why reply to my post? We weren’t talking about insurance. (BTW, the mod was also discussing inflation. Lots of us were. )

Read the posts before making an unsolicited & unrelated comment .

Inflation in general effects all things including insurance. It was related.

 

[commandcomm]

Then why reply to my post? We weren’t talking about insurance. (BTW, the mod was also discussing inflation. Lots of us were. )

Read the posts before making an unsolicited & unrelated comment .

Dear okcBob,

You are right about everything.

 

[bigfug]

$2200 a year on our rentals is best we have found so far, with a $6k wind and hail deductible. Houses are all standard starter homes, average price of roughly $200k, so 3% deductible.

 

[HMCS(FMF)Ret.]

Nothing personal.

But I think by now, we should understand that God hates Moore, OK?

Thank God I live in Norman now. LOL.