Texas sees home insurance rates skyrocket as disaster costs pile up
27,201
Published 2024-08-11
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#Texas #ClimateChange #HomeInsurance
All Comments (21)
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She doesn't understand the rate increase after having 3 roofs replaced ? Thats part of the problem
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Living in disaster zones costs money. Count the cost before you decide to live in a disaster prone area
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so just like Florida, Texas doesn't actually care about helping their people recover from natural disasters. quelle surprise.
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The average cost to replace a 3,000 square foot roof is $18,000. If you replace the roof 3 times in 20 years due to hail damage, that is $54,000 in claims just for hail damage. As a homeowner facing rapidly rising insurance premiums, that math is ugly & worrisome.
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Florida insurance says hold my beer
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She had to have her roof replaced 3x in 20 years and wonders why insurance goes up..... Does she think they just collect money from a tree to pay for her roof and their other expenses?
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A former vice president used two documentaries to predict these insurance rate increases, but no one believed him, just as homeowners are shocked and cannot believe the increases. Climate migration will become the next predicted drama.
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And.....climate change is a hoax😂😂😂
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If the insurance has risen in Texas wait till you see what's coming for Florida soon.
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Time to start building homes that are more resilient to storms.
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The American dream of owning a house is turning into a American nightmare.
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Most people will not be able to afford housing and food in less than 20 years if we keep going like this. Most people. Right now it's bad, yeah, but it will get much worse. People are not having kids because of this. If things can suddenly cost 3x their price, what makes us think that the world will be affordable for the non-ultra rich in the next generation or two?
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Her roof was torn off 3 times in 20 years? $8000 a year sounds like a bargain to get coverage for that kind of routine damage!
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Ban politicians from accepting campaign donations from insurance companies and watch rates go down. Insurance companies own the government in Texas, straight down to the courts.
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People don’t want to believe the climate is changing. Well…this is what you get.
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Always trust every word out of an insurance lobbyists mouth
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If insurance prices are going up then make home buying prices cheater.
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But the free market will take care of the consumer!
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Enjoy all your deregulation Texas. My thoughts and prayers are with you.
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I live in Dallas and my insurance and property taxes are $1239. It is now more than my house payment of $1200. So I pay $2439 for a home that is $230,000
