NC ins cos have requested a 99.4% increase in our property insurance. Add in an increase in wind and hail insurance (required here on the coast) and factor in that we will be getting a new tax assessment this year - gee, you’d think someone was trying to make home ownership unaffordable for some reason.
See: England where elderly veterans and pensioners are routinely thrown out of their rentals to make way for migrants.
99.4%??? I thought this stuff was only happening in Florida. Mine went up nearly 50 percent this year, and it wasn’t cheap to begin with.
My nc reassessment for my home went from 400 to 700k. I like millions of others are on fixed income so it’s not just insurance and every other cost.
My homeowner’s insurance went up 70% this year in SC.