And I might add, that he got paid a tad under $50,000 by BP for lost rentals when they had that big oil rig blowout in the gulf, 2010 I believe.
I know a guy split up with his ex wife in 2008. So, he moved from NH to FL and bought a house across the street from the Gulf of Mexico in Clearwater Beach Fl for just over $400K. He sold it a couple years ago for well over $1MM.
Keep in mind though, even back in 2009 he said his insurance was around $4K/year between wind, homeowners, flood, etc.