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« on: October 04, 2024, 08:26:25 AM »
>insurance
Flood insurance aside, regular homeowners insurance is going up like crazy even in "protected" places like the US Midwest. Storms, wind and hail damage particularly to roofs and siding are increasing insurance claims across the country and insurance companies are passing the costs on.
Homeowners and builders need to take a real hard look at the materials we are using to build homes. As an example, metal roofs were unheard of here a few years ago but now are becoming more popular for their resistance to fire, wind and hail.
>flood insurance
At some point the Federal govt is just going to have to quit issuing flood insurance in some areas.