Yeah, but one day…just one day…they’re going to be able to say “I told you so” because we had one bad storm. Think Katrina type in New Orleans again. But in the mean time, insurance companies will continue to raise rates and cancel policies - even if there is a light season.
Yep the replacement cost continues to rise even if there are
none. Life’s a bitch at times. Enjoy as best you can.
Deciding to call hurricane Sandy a Super Storm was a strike against everybody that pays insurance.
Interestingly, several years ago I worked on a bid to rebuild a multi-family housing project in New Jersey. As per course, I do background research to see if there are any news stories that would increase the risk of doing a job. I found that the original complex was destroyed by Sandy. The rebuild did not require any consideration that the building was located in a place where a storm was capable of destroying. They had specified processes and products that are sketchy even if used in the midwest. It is almost like they want the destruction so they can do the story...