I OWN MY HOUSE FREE & CLEAR.
MANY NEAR ME ALSO DO.
THEY HAVE RAILED AGAINST ME FOR HAVING FULL COVERAGE PROPERTY INSURANCE...
I CAN USUALLY SHUT THEM UP: “IF EVERYTHING BURNS DOWN -—CAN YOU REPLACE IT ALL WITH WHAT IS IN YOUR BANK ACCOUNT”???
THEY CANNOT.......
ANOTHER REASON I CARRY FULL VEHICLE INSURANCE-—UNINSURED MOTORISTS & ALL-—SINCE CAR I BOUGHT IN 1965 IN CALIF——
CANNOT LOSE PAID FOR PROPERTY VS UNINSURED MOTORISTS
ALSO AM HOMESTEADED: COST ME $14-—ONE TIME FEE—GOOD AS LONG AS I AM RESIDING ON/IN PROPERTY.
IF FOR ANY REASON SOMEONE TRIES TO SUE ME-———AND PUSHES TO SELL MY HOUSE: I GET THE FIRST $605,000 IN NET PROCEEDS....
It is better to have a larger deductible than an inadequate amount of coverage.