Home insurance was once a ‘must.’ Now more homeowners are going without | Slammed by pricier policies and climate-driven natural disasters, more and more Americans are exposing themselves to risk

silence7@slrpnk.net · 6 months ago

Home insurance was once a ‘must.’ Now more homeowners are going without | Slammed by pricier policies and climate-driven natural disasters, more and more Americans are exposing themselves to risk

owenfromcanada@lemmy.world · 6 months ago

In my area, it’s standard to pay for home insurance (as well as property tax) through your lender for the term of your mortgage. A portion of your monthly mortgage payment goes into its own savings account, and they use that account to pay those bills when they come up.