I’m in NC. The neighbor across the street had a party. Her Mom & Dad were there from Florida. I was talking to the Mom about moving down there and she told me...”The first person you should talk to is not a real estate agent or a banker. Talk to an insurance agent. Rates are sky high and could be a terrible surprise if you haven’t done your research.”.
Define “sky high”.
Colorado has homeowners rates that are twice the rates of Florida due to massive hail damage and massive fires. Our Colorado rate for 2022 would have been $4,200 a year, while here in Florida with hurricane and flood insurance included is $2,100 a year. That also includes liability insurance for a pool.
My insurance went from $4k three years ago to. $6k two years ago to $10 k last year to $13k this year. No claims for 30 years.