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Posts from mrmoneymustache.com

106 total
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0comment
Mrmoneymustache.com
—8/18/2023I suspect that there's a bit of a virtuous/vicious cycle here.  Houses are a LOT more expensive in E...—beautifulsoup
0comment
Mrmoneymustache.com
—8/18/2023This probably seems very weird from the perspective of someone living in Europe, where roofs are mad...—beautifulsoup
8comment
Mrmoneymustache.com
—8/18/2023Before we rush into abandoning insurance altogether, or slathering regulations on top of it, I think...—beautifulsoup
0comment
Mrmoneymustache.com
—8/18/2023OK, I will bite. While I agree that some sort of self insurance/high deductible would really help th...—beautifulsoup
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Mrmoneymustache.com
—8/17/2023Insurance companies make money in one or both of two ways:  On the underwriting and investing the fl...—beautifulsoup
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Mrmoneymustache.com
—8/17/2023That was always my understanding too, I need to circle back to them to ask for more details. Perhaps...—beautifulsoup
0comment
Mrmoneymustache.com
—8/17/2023It is pretty tough to find umbrella without a policy for a home you own as it is excess to underlyin...—beautifulsoup
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Mrmoneymustache.com
—8/17/2023As I said above, at least one neighbor has self-insured and added an umbrella policy for the rest. I...—beautifulsoup
0comment
Mrmoneymustache.com
—8/17/2023Has anyone who is considering self-insurance given consideration to liability? Even if you are prepa...—beautifulsoup
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Mrmoneymustache.com
—8/17/20230.03%  Because I live somewhere safe in a solidly constructed house (concrete block with slate tiled...—beautifulsoup
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Mrmoneymustache.com
—8/17/2023My homeowner's is about 0.17% of insured value. I would move to a lower risk area before I would con...—beautifulsoup
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Mrmoneymustache.com
—8/17/2023Perhaps what's needed is a poll: 1) What percentage of the net cost of replacing your home (either b...—beautifulsoup
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Mrmoneymustache.com
—8/17/2023Yep.  Our insurance has more or less kept pace with inflation.  I wonder if home location plays into...—beautifulsoup
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Mrmoneymustache.com
—8/17/2023Insurance cost simply reflects the cost to repair/rebuild and the risk of loss.  I certainly don't w...—beautifulsoup
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Mrmoneymustache.com
—8/17/2023This is interesting. Presumably these older individuals have the means to relocate if their homes be...—beautifulsoup
0comment
Mrmoneymustache.com
—8/17/2023While replacing a roof every 10 years might seem like an extreme action, here's an interesting data ...—beautifulsoup
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Mrmoneymustache.com
—8/17/2023Lots of older people around me in Florida have dropped their insurance. There's a number of reasons ...—beautifulsoup
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Mrmoneymustache.com
—8/16/2023My house is insured for $359K, the lowest amount I could choose. My deductible is $10k, the highest ...—beautifulsoup
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Mrmoneymustache.com
—8/16/2023Before you do this I would get some quotes on how much a new house would cost, just to make sure you...—beautifulsoup
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Mrmoneymustache.com
—8/16/2023With the increase in extreme weather events we're starting to see the same pattern develop in home i...—beautifulsoup
0comment
Mrmoneymustache.com
—8/16/2023Our home insurance isn't too bad (1200/yr), but I think our deductible is 500 or 1000. I should call...—beautifulsoup
8comment
Mrmoneymustache.com
—8/16/2023The videos featured talk about Florida, but the underlying issues are that: a) the rate hikes cannot...—beautifulsoup
8comment
Mrmoneymustache.com
—8/16/2023We own four homes in CA, worth about $3.3M. Three are rentals. Combined, the rentals are worth almos...—beautifulsoup
0comment
Mrmoneymustache.com
—8/16/2023I already have high deductibles, a few years ago I asked about raising them and the difference was n...—beautifulsoup
0comment
Mrmoneymustache.com
—8/16/2023I'll add another: 9) If home owner's insurance is a scam, be the one doing the scamming by investing...—beautifulsoup

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