Quote:
Originally Posted by jebartle
Insurance companies prorated roof claims, and there is always self insuring.
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Self insuring is always an option. If you are paying $6,000 a year for property insurance, you would spend $180,000 over the next 30 years. If you get hit with a hurricane and have major damage to your house, the damage would probably far exceed $180,000. However, if you don't get hit and have no damage or claims over the next 30 years, you have wasted $180,000.