Quote:
Originally Posted by 9M71
Absolutely nuts. I would send all my rain/snow your way if possible. Best wishes to you and your family.
Why did everyone's fire insurance get dropped, cause the risk was too high to be insured? What about the people with mortgages - the banks didnt require fire insurance anymore?
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Current policy: cancelled (due to risk probably)
New state-assigned risk policy - at least 10x the price, half the coverage.
When pops paid the previous premium, it was $5xx/6 months. New quote from some fly-by-night company we'd never heard of was literally $5,xxx with a $20k deductible. Mortgage is paid on the cabin.