Quote:
Originally Posted by Skid Row Joe
Homeowners insurance is for sissy-losers that haven't paid their homes off. And no, I don't insure my paid-for home. There's no law that sez you have to insure your home, either. People that carry homeowners insurance are weak in the mind and wallet, --wimps..
If you haven't figured-out that paying homeowners insurance premiums are a scam in 2007.........there's no hope for you...... I'm convinced the stupid people in America want to stay in their rut, anyway.......no surprise here..........
|
So if your house was to burn down, you would rebuild it out of pocket? Is it not cheaper to hedge your bet with insurance, vs having to pay quite a bit out of pocket to rebuild?
A cheap basic raised ranch costs $150k-170k to build up here. So for something more complicated you can spend $300k-$500k out of pocket.