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Post by bluemingidiot on Jul 11, 2024 3:15:50 GMT
Louisiana
Projected change in 2024: 23%
Projected annual rate (2024): $7,809
Maine
Projected change in 2024: 19%
Projected annual rate (2024): $1,571
Michigan
Projected change in 2024: 14%
Projected annual rate (2024): $2,095
Utah
Projected change in 2024: 13%
Projected annual rate (2024): $1,541
Montana
Projected change in 2024: 12%
Projected annual rate (2024): $1,997
South Carolina
Projected change in 2024: 11%
Projected annual rate (2024): $3,410
North Carolina
Projected change in 2024: 10%
Projected annual rate (2024): $2,327
Illinois
Projected change in 2024: 10%
Projected annual rate (2024): $2,245
Connecticut
Projected change in 2024: 9%
Projected annual rate (2024): $1,927
Nevada
Projected change in 2024: 9%
Projected annual rate (2024): $1,336
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Post by Mr DAVID In Wisconsin on Jul 11, 2024 21:02:06 GMT
The master condo policy (exterior only) where I live has gone from about 20k to over 120k in 5 years. On the north shore of Lake Pontchartrain (New Orleans) I have friends paying 10k a month for insurance.
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Post by mogal on Jul 12, 2024 21:06:13 GMT
Mr. David, what on earth do those friends of yours do for a living that they can afford that insurance rate?
When I was a teenager, probably in 1966, I went with my folks to New Orleans using the causeway when it was still just 2 lanes wide. It was a cloudy, windy overcast day so on the horizon gray sky melted into gray choppy water and from the middle, you could only see that grayness. It was not a pleasant experience for me but at least it was sunny on the trip north.
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Post by Mr DAVID In Wisconsin on Jul 12, 2024 22:47:02 GMT
The people in this particular area are all owners or CEO’s of business. There are $1,000,000 homes +. Close enough to the coast (south of Interstate 10). Rates on a normal family home can be $5k-$10k per year. My mother was paying $4k per year on a normal $200,000 home in Vermillion Parish, Louisiana in 2006. We live in a high risk area, we must pay the price. I live very close to the beach. I hate sand but I take a drive on Beach Boulevard every chance I get. It makes me feel like I’m on vacation.
I wish you had been crossing Lake Pontchartrain on a nice day. It’s beautiful. Twenty some odd miles of sun and water. It’s one of the few things I enjoy about a trip through New Orleans. I said through as I never go to New Orleans even though it’s only 40 miles away. I pass through when I have no other choice and I don’t stop for anything other than traffic lights and stop signs. Even those make me nervous.
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Post by mogal on Jul 12, 2024 23:06:57 GMT
On our return trip, we did have nice weather. I'm more of a mountain person myself.
I'm not a fan of cities. If it has more than 2 traffic lights, it's a city...
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Post by Woodpecker on Jul 13, 2024 14:27:54 GMT
I guess our little Village would be a city to you mogal, we have 5 traffic lights. We are a vacation Village with many people who come out for the summer. We Villagers like the winter and fall months best, because it's much more quiet. It really is beautiful here if coming in from the East because there's a long, two way lane road that overlooks the Sound and it is a very peaceful feeling. We have deer running across that road from a wooded area onto the beach and they swim to the Creek side. We have many Ospreys here and they're having babies now. We also have the Eagles that returned after many years. If I stop and think about it, it really is very beautiful here and I'm blessed to live here. |
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Post by bluemingidiot on Jul 13, 2024 14:54:41 GMT
We have zero lights and zero cops. More people than deer, but probably not a lot more. There are houses across the street and nothing but ranch land behind them. Lots of humming and other birds. Our yard is probably in the top five for butterflies.
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Post by Jolly on Jul 15, 2024 22:07:09 GMT
The people in this particular area are all owners or CEO’s of business. There are $1,000,000 homes +. Close enough to the coast (south of Interstate 10). Rates on a normal family home can be $5k-$10k per year. My mother was paying $4k per year on a normal $200,000 home in Vermillion Parish, Louisiana in 2006. We live in a high risk area, we must pay the price. I live very close to the beach. I hate sand but I take a drive on Beach Boulevard every chance I get. It makes me feel like I’m on vacation. I wish you had been crossing Lake Pontchartrain on a nice day. It’s beautiful. Twenty some odd miles of sun and water. It’s one of the few things I enjoy about a trip through New Orleans. I said through as I never go to New Orleans even though it’s only 40 miles away. I pass through when I have no other choice and I don’t stop for anything other than traffic lights and stop signs. Even those make me nervous. My cousin was one of the design engineers for the causeway. Glad you enjoy his work.😊 As for insurance...Above or below I-10 makes a difference... |
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Post by janinco on Jul 25, 2024 18:56:45 GMT
Well, I guess I won't complain about the cost of homeowner's insurance going up here! Holy smokes, I don't envy those people paying those kind of prices either.
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Post by Mr DAVID In Wisconsin on Jul 25, 2024 21:29:14 GMT
It costs me about the same to insure just the interior of a 470 foot condo on the coast as it did to totally insure a 4 bedroom, 2000 square foot house plus a 6 car heated garage in Wisconsin. And I live a good 1 1/2 miles north of I-10. I could afford a house on the beach but not the insurance!
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