Quote:
Originally Posted by ChrisLA
So the grass is not greener in Texas, it’s just bad everywhere. It’s the same here in LA, and now insurance companies are pulling out of the market. My condo building just lost their insurance because State Farm is not renewing policies. There was an article in the news about how big of an impact this is to many people living on the west side of LA, and the west San Fernando Valley, Woodland Hills and Calabasas. Our HOA found another insurance company but of course it’s costing us more so here came the assessment already.
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That's what I tell folks when they are thinking of leaving NJ for say Florida. Wait until they get that property insurance quote. Its rising. The way climate change is going, there will be a point where some regions are just going to be expensive as hell to insure. The savings might not be that dramatic. Factor in also the generally much lower pay for jobs out in some of those regions and poorer quality of education. Sometimes the grass ain't that much greener!