Quote:
Originally Posted by Shipping up to Boston
The OP post clearly made mention/comparison to Broward and Miami Dade Counties....last I checked, they were still coastal counties! So again, where are the similarities in risk factors. I’ll leave the median home listing and purchase home values alone....for now
|
The NY Times used the phrase “24 percent less than other counties with the same level of very high risk.”
The Times did not say that Sumter was being compared to Miami and Broward. Sumter is not 24 percent less than Miami and Broward. It is about 65% less than those counties.
I put those counties in as comparison because people are complaining about the cost of insurance in Sumter County and they may have to move.
The NY Times also said that for Sumter, insurance costs are 0.4 percent of typical home values, much lower than average.