YSK that if you don’t have a mortgage, home insurance rates aren’t really going up.
Why YSK: Pay off your mortgage as quickly as you possibly can, it pays off in more ways than the obvious.
Also, it seems like it should be illegal for banks to collude with insurance companies and hold homeowners hostage while draining them dry. Just another way they’re trying to gut the middle class and individual home ownership. Perhaps someone more intrepid than I will read this and be inspired to take point on driving change.
Note: I do not have a mortgage and my insurance hasn’t changed in years. Not so with my neighbors, who often complain about the hikes. #education source