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The Border Crisis: Is Allowing Illegals To Flood In A Good Thing?
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<blockquote data-quote="Darmark7" data-source="post: 6064727" data-attributes="member: 83127"><p>The value of something has a big impact on what you are charged to insure it. The deductible is what hits us hard in Florida. I have a 5% deductible for hurricane coverage. Take my house for example. When I bought it in 2009 it was less than $100k so if a hurricane hit I paid less than $5k and then the insurance kicked in. Now my house is valued at $350k so now I have to come up with $17,500 before insurance kicks in. That’s a huge cost adjustment for the same house and that is just the deductible not even counting the rise in the premiums.</p></blockquote><p></p>
[QUOTE="Darmark7, post: 6064727, member: 83127"] The value of something has a big impact on what you are charged to insure it. The deductible is what hits us hard in Florida. I have a 5% deductible for hurricane coverage. Take my house for example. When I bought it in 2009 it was less than $100k so if a hurricane hit I paid less than $5k and then the insurance kicked in. Now my house is valued at $350k so now I have to come up with $17,500 before insurance kicks in. That’s a huge cost adjustment for the same house and that is just the deductible not even counting the rise in the premiums. [/QUOTE]
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The Border Crisis: Is Allowing Illegals To Flood In A Good Thing?
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