Please give us an idea of the ‘better’ h/o rates in Idaho. Can’t even be $1000 a year, is it ?
I have no trees that can fall on my place. Metal roof. Single level. So I consider the risk just one more life’s gamble. At least I’m not paying for those that live closer to the coast.
$2,500 / year. Two story ordinary house, 32 years old, 3,400 sq ft, 1/3 acre. We are in a neighborhood with good fire protection, hydrant next door, lake water if needed, and some tall trees nearby. Rates have been skyrocketing. We recently heard some companies will no longer insure houses older than 20 years!
I just checked. It was:
$2,500 in ‘24
$2,100 in ‘23
$1,750 in ‘22
$1,500 in ‘21
That’s 67% in three years. And to think I used to be worried about property taxes soaring in retirement!