this post was submitted on 24 Oct 2024
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Housing Bubble 2: Return of the Ugly

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A community for discussing and documenting the second great housing bubble.

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Florida's insurers deny over 37,000 hurricane claims (www.newsweek.com)
submitted 2 months ago by SeattleRain to c/housing_bubble_2
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[–] [email protected] 1 points 2 months ago

Home insurance does not typically cover flooding. It's sold separately and typically will only cover up to $250k. So you had better hope your house gets blown over by the wind instead of getting flooded up to the roofline or you will not get enough money to rebuild your house.