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pedorrero · 02-14-2009, 09:59 AM

A month late but what the hell? I am considering dropping my homeowner's insurance ... I pay about $1010/year to insure a structure that is worth (maybe) $100K (ex-land). Probably won't drop it, but when State Farm dumps me, I may not like the alernative$. While I'd obviously be taking on a risk (of losing the home), I have $1000 more a year to spend on things i like instead of partly subsidizing those who want to live in a mansion built on a sand bar on the Atlantic

02-14-2009, 09:59 AM	#22
pedorrero Recycles dryer sheets Join Date: Dec 2006 Location: Florida Posts: 243	A month late but what the hell? I am considering dropping my homeowner's insurance ... I pay about $1010/year to insure a structure that is worth (maybe) $100K (ex-land). Probably won't drop it, but when State Farm dumps me, I may not like the alernative$. While I'd obviously be taking on a risk (of losing the home), I have $1000 more a year to spend on things i like instead of partly subsidizing those who want to live in a mansion built on a sand bar on the Atlantic __________________ I've got nothing against an honest day's work, provided that someone else does it.