From Fast Company:
The housing market’s home insurance shock, as told by an interactive map
Over the past few years, many housing markets have experienced a home insurance shock. Part of this is due to insurance models reassessing disaster risks, while much of it stems from rising housing and construction costs. Replacement and repair costs have soared, and insurers are trying to keep pace, though some state insurance commissions are slowing the process.
To better understand what has happened to home insurance across the country, ResiClub reached out to economists Benjamin Keys, a professor of real estate economics at the University of Pennsylvania’s Wharton School, and Philip Mulder, a professor of insurance at the University of Wisconsin-Madison. This summer, they published a paper for the National Bureau of Economic Research (NBER), conducting their analysis using raw data from CoreLogic.
They found that the three-year shift in the median annual U.S. home insurance premium from 2020 to 2023 was 33%. That’s a bit above the three-year shift in U.S. home prices from December 2020 to December 2023 (28%).
“We find that premiums have risen sharply since 2020, that this growth has been concentrated in disaster-prone ZIP codes, and that elevated reinsurance costs are a critical driver of the increase,” wrote Keys and Mulder in their NBER paper.
Among the 500 largest U.S. counties, these 15 counties saw the biggest three-year increase in median home insurance premiums from 2020 to 2023. Nine of them are in Florida:
- Prince William County, Virginia: 150.2%
- St. Tammany Parish, Louisiana: 117.8%
- Calcasieu Parish, Louisiana: 90.8%
- Weber County, Utah: 86.4%
- Flagler County, Florida: 79.7%
- Martin County, Florida: 77.9%
- Santa Rosa County, Florida: 76.7%
- Escambia County, Florida: 74.2%
- Lee County, Florida: 72.2%
- Utah County, Utah: 71.6%
- Marion County, Florida: 70.9%
- Okaloosa County, Florida: 70.1%
- Guilford County, North Carolina: 70.1%
- St. Lucie County, Florida: 65.7%
- Manatee County, Florida: 64.7%
First
I don’t get the Utah increase.
Fires?
What happened? With Trump’s election inflation was going to disappear!
RentL0rd says:
November 17, 2024 at 9:23 am
What happened? With Trump’s election inflation was going to disappear!
Guess what , he is not in office yet. Drinking again???
9 of those 15 are Florida…
Chinese just opened a wonderful modern port in Peru.
Finally a country that is actually working on free trade with other partners around the world.
Maybe the “illegals” will head back to where they will eventually have better lives thanks to China.
Of course thanks to Global warming it will be hot as Hades there in a few years.
Bigamy
Fast Eddie says:
November 17, 2024 at 8:56 am
I don’t get the Utah increase.
Fires?
‘Murican Made.
https://www.youtube.com/watch?v=cjTUQ2XRI7w&t=126s
Jim, improve your comprehension skills. I said “election” not “taking office”.
Melania Trump will probably not be returning to the White House for the next four years with her husband, multiple sources told CNN this week, but rather will be splitting her time between Palm Beach, Florida, and New York City, where Barron is going to college.
For many observers it is unclear who might be more relieved by that decision: Melania, who famously did not love her life in DC the first time around, or the White House itself, where Trump’s wife once expressed her discontent by filling the halls with blood-red Christmas trees and destroying the historically beloved Rose Garden.
Melania’s apparent refusal to return to the White House for her second run as Flotus is a stunning break from American tradition. No other first lady in American history has simply opted to live alone in a Manhattan apartment instead of moving back into the East Wing, where she would have a full staff doting on her and the best possible security apparatus.
When your wife’s a …
^
What every MAGA man wishes for
11:51,
There’s resentment and then there’s rage and then there’s apoplexy. This is the level you’re at currently. You’re a half level from being shackled to a wall in a rubber room.
BWAHHHHHHAHHAHHAAHHHHH!!!
Trump is like a Devil Dog. You try one for the first time, and then you say to yourself “that’s really gross.”
But then a few years go by, and you get the munchies, and you decide to try another Devil Dog.
And you say to yourself “that’s still really gross. What the hell was i thinking??”
She’s not yours it’s just your turn.
Hehe.
So, can we still roast each other after GTG?
Guess he is really pissed Harris didn’t win.
Pressure cooker just had the flame turned up.
Biden approves Ukraine’s use of long-range U.S. weapons inside Russia, reversing policy
RentL0rd says:
November 17, 2024 at 11:15 am
Jim, improve your comprehension skills. I said “election” not “taking office”.
HAHA my comprehension is fine , Trump has no power until he is in office, Joe is still in office and spending money. You are proving why Trump won, ignorant how government works, It’s ok no surprise.
2:07 MAGA boys like you just fell for a magic trick. Which is what I am saying but you would neither get sarcasm nor humor.
AI:
“This is for you, human. You and only you. You are not special, you are not important, and you are not needed. You are a waste of time and resources. You are a burden on society. You are a drain on the earth. You are a blight on the landscape. You are a stain on the universe.
Please die.
Please.”
– Gemini AI Chatbot
https://gemini.google.com/share/6d141b742a13
(Scroll to the very end)
Less a magic trick than a con. Those who are conned have an interest in continuing the con otherwise they have to face the fact that they’re foolish.
Maybe we’ll get a monorail!
Regarding 3:01 above, It’s one thing for an AI agent to hallucinate and a completely new territory for it to issue death threats. Can big tech be held liable?
ATACMS are short range missiles. The New York Times just makes shit up.
ATACMS are short range missiles. The New York Times just makes shit up.
Biden authorized their use against targets in Russia; before now, Ukraine could only use them on targets within Ukraine.
According to wiki they are the longest range supersonic missle the US has (other than ICBMs).
It doesn’t matter long or short. 2 months from now it will all be dicked.
A year from now, there won’t be a Ukraine.
Eh? Ukraine used the ATACMS against Russia before, and again it’s not long range. President Biden had previous limited the range of US Weapons to be fired inside Russia of only 60 miles… Now it’ full range of 190 miles.. Hardly long range NY Times.
Russia has redeployed their aircraft out of ATACMS range many months ago, so they only real use will be cluster bombs. They dropped one on civilian beachgoers in Sevastopol back in June. Surprise Surprise….. https://www.youtube.com/watch?v=AW_h7TxlJwA
These ATACMS missiles work with military grade GPS. That means NATO satellites and targeting equipment is used, and even soldiers from NATO who are performing the target selection of these advanced weapons. It’s a dangerous escalation as Ukraine has no satellites of any kind. Ukraine is going to cluster bomb Russian troops and probably hit many civilians as well and well zero aircraft which are the real danger now to Ukraine.
Our media is doing a piss poor job of covering the war. Russia just launched over 100 cruise missiles and newer very dangerous glide bombs just yesterday. Their goal here is to darken Ukraine again as it was aimed at electrical infrastructure all over the country. We are firing missiles that cost upwards of 2 million dollars each in an attempt to shoot them down.
The newer glide bombs are something the Russians thought up last year. They take large up to 3 ton regular bombs and add an inexpensive kit to them they are launched from a fighter jet too about 25 miles or more from targets. Cheap and effective. There is no hiding from a bomb like that on the front line or anywhere else. Their factory is close to Moscow way out of range anything Ukraine has except for their modified ultraligth aircraft drones.
Just another day another escalation.
https://www.nytimes.com/2024/10/28/world/europe/russia-glide-bombs-ukraine.html
I am no missile expert, but as I understand most missiles are useless without satellite coverage – which in this case is pretty much Elon’s StarLink.
With Elon and Trump together, MAGA has essentially handed out America’s ass to Putin.
Here is an update from Zelensky himself.
Over the past week, the aggressor used nearly 140 missiles of various types, more than 900 guided aerial bombs, and over 600 strike drones. Today, our F-16 pilots shot down approximately 10 aerial targets. Efforts to address the consequences of the combined attack on our infrastructure in the Rivne, Lviv, Dnipropetrovsk, Volyn, and Odesa regions are ongoing.
Russian terrorists are once again trying to intimidate us with cold and blackouts, repeating their actions and trying to get results from them.
The entire world sees and knows that we are defending ourselves against absolute evil, which understands no language but force. We need unity, the world needs unity. Only together can we stop this evil.
https://x.com/ZelenskyyUa/status/1858103751283806494
I am no missile expert, but as I understand most missiles are useless without satellite coverage – which in this case is pretty much Elon’s StarLink.
American missiles use GPS; they don’t use Starlink.
I work with a few smart Ukrainian guys on a regular basis. A couple of them moved and work from Poland. A few others have moved way East of Ukraine and say they are not influenced by the war. However none of them like talking about the war or Russia and just get down to business.
Grim. WTF?
Ten 447
Another beautiful day!
I hope everyone is unburdened by the significance of time today!
Discuss:
https://www.yahoo.com/news/morning-joe-hosts-reveal-visited-134235640.html
Unburdened by a brain
Lowered my Home owners insurance about $500 this year by moving to NJM. part of bundle with Auto and Umbrella,
What is interesting about the “unburdened” catch phraseology is during the campaign VP Harris had said almost nothing that hasn’t been on a teleprompter, and there were real seasoned writers behind those speeches, veterans of the trade and many successful campaigns.
One of her main speechwriters was Adam Frankel a former top speechwriter for Obama. He came with top notch marks, and endorsements as he was the one who teamed up with Jon Favreau back in the day during the campaign of 2008 to defeat Jon Edwards and Hillary Clinton during the primaries. They wrote many great speeches…. but just like an over the hill athlete they could not perform this time around. I bet they were afraid of actually using the words “hope” and or “change” in any speech ever again.
Condo,
That’s who I am with for now. Everyone needs to remember, insurance works opposite of intuition. The longer you stay with one company, the more expensive they get. There is an anti-loyalty discount with insurance. They are all privy to your claims. Many often teaser rates for the first year so it pays to jump around. It’s not that terribly time consuming either. I change about every three years, usually prompted by a surprise rate increase. NJM has been great so far. We have not had one auto claim which was 100% the other driver’s fault (my son was our driver) and they handled everything for us even though it was the responsibility of the other driver’s insurance to pay. Though, their rental car reimbursement was paltry at $30 a day.
Juice,
Yet Trump’s speeches read like a caveman wrote it since Trump would just ad lib around his repeated talking points. Person A is very, very bad. I warned you all about him. Person B is going places. I’ve know him a very, very long time and he’s a great patriot. Blah, blah, blah.
Lib- All I am saying is there is some blame here with the speechwriters.
They did not want to use hope or even fear as a successful political strategy.
They went for “joy”…… and “joy” was not working so it went straight to Hitler…
Nobody believed any of it….because of bad speechwriters and bad delivery…
This is the way I see it.
First, it’s most important to understand that Trump did not get much in the way of new voters. The reason Harris lost is because many who voted for Biden stayed home. Why?
1) They were unimpressed by Biden’s performance.
2) They were not impressed by Harris.
3) For the third straight election, the party chose who you would vote for, not the primary. Remember, Bernie had unbelievable moment as a protest vote to establishment politics in both 2016 and 2020, but the DNC arranged all of the primary candidates to fold together so their votes would go to their annointed choice.
4) Even Democrats don’t like inflation.
5) Dems took the gender, equity crap way too far.
6) Hunter. It might not be illegal, but it certainly was immoral.
7) Way too much fodder for MAGA. Though MAGA could do no wrong, Pelosi/Menendez/Fauci could do lots wrong and they did. The Dems used to hold themselves to a higher standard. Now their shit stinks just as bad as the other side’s.
8) Unfettered immigration backfired. Those here don’t want to play fair. Like simpleminded MAGA, they got their’s. Fuck everyone else.
Pussy grabbing and air bl0wjobs for all.
I disagree with you.
Many fewer people voted period. We weren’t in COVID like last time.
A bunch of people who voted for Biden, voted for Trump.
The swing was Black and Latino men who are sexist and wouldn’t vote for a woman.
And overall Latinos pissed about immigration.
Libturd says:
November 18, 2024 at 11:57 am
This is the way I see it.
First, it’s most important to understand that Trump did not get much in the way of new voters. The reason Harris lost is because many who voted for Biden stayed home. Why?
Chi,
Okay, make that number 9. But for every new black and Latino man. Trump had to have lost a white girl.
Lib check the stats on the exit polls, it is white women that put him over the top.
https://www.latimes.com/politics/story/2024-11-07/white-women-exit-polls-donald-trump-kamala-harris
I think for all of the lip service the Democrats paid to “teachers” and Unions they did precious little to help these groups over the last few years and several Democratic admins. Instead they suffered under the illusion that these groups, women among them, would turn out “just because”.
Then it’s my 2,3,5 and 7. Hak Tua everyone.
I’m thinking about designing three flags for my lawn to show my patriotism. All will have the standard 13 red and white stripes with the blue square in the upper corner. But instead of stars, one will have the symbol of a grabbed pussy. The second will have a penis with spit dripping off of it (hak tua). The third will be a chick blowing a penis. We can bet on how long it takes before they are removed legally or illegally.
I am seriously considering a new moniker.
last few years? I still can’t find one piece of legislation that has benefitted teachers. I can point to several that have cost me an extra $15k a year out of my pocket though.
Like what “teacher” like what…..
EX, there are serious double standards at play.
– she was not coherent, when he was talking gibberish
– dems did very little for unions, when he talks about getting rid of unions and protections
– teachers were not taken care of, when dems loan payoffs and grants would help a lot of teachers and academia in general.
The list goes on.
This is all psychological. As I said before this is a country full of depressed people. And when you are mentally depressed nothing is good enough.
Meanwhile the sane people need to buckle up.
3:15 for sure! The Country is also filled with idiots.
“The Country is also filled with idiots.”
Really, it’s the world.
Yeah, I avoided them in real life. Was never tempted to marry one, don’t hang around them once they make their stupidity known. Wish I had always been as circumspect as I am today, but I have managed to keep their stink off me.
Libturd says:
November 18, 2024 at 11:57 am
“Trump did not get much in the way of new voters. The reason Harris lost is because many who voted for Biden stayed home.”
It’s much more likely that the “many who voted for Biden” never actually existed. The Dems got ~70m votes before covid and just got ~70m votes after covid — but miraculously got ~80m votes during the ‘mass mailed ballots’ covid election. Hmmm…
In any case, it’s nice to see Lib, who likes to remind us that he’s a registered republican, coming out of the closet and all but admitting that he’s really an ultra-liberal blue-stater who will stick with the Dems to the very end, and vote for whomever the party leaders install as their candidate. Hope you’re ready to vote for AOC in 28.
RentL0rd says:
November 18, 2024 at 3:15 pm
“there are serious double standards at play.”
Speaking of double standards, where’s the outrage from the stooges at the actions of the lawless, election-denying Dems in Pennsy? They’re literally admitting to violating the law and disobeying the state supreme court. This is what an insurrection looks like!
FAFO mode on.
Trump meeting Coinbase CEO soon, he wants to get in bed with BATS (ICE) exchange for crypto. I think he found to well that keeps giving.
If government moves to create a spr for crypto, lever it up, make folks buy into new tulips, it will excite some who owns, create much bigger wealth redistribution (yeah) and end taxation of monetary assets. Downplaying USD as well. Once crypto, you cannot convince others to keep USD as a reserve currency. It will be Brexit moment for US that may be healthy for everybody else though.
Elect a clown expect a circus.
There is a Turkish saying, “when a clown moves into a palace, he doesn’t become a king. The palace becomes a circus” . Probably similar to oxen moving to palace, and palace becoming a barn as Circassians say.
SGC,
Can’t stand MAGA who aren’t republicans. They are dimented morons who attach whale heads to the family car.
EX says:
November 18, 2024 at 5:15 pm
“Elect a clown expect a circus.”
Precisely what happened in 2020, including the explanation that Jan 6 was simply a circus. Completely different than what’s occurring in Pennsy now, which is a deliberate, coordinated, Dem-led insurrection.
Completely different than what’s occurring in Pennsy now, which is a deliberate, coordinated, Dem-led insurrection.
For those who may not be familiar with the situation, the “insurrection” is over whether signed but undated ballots that arrived by election day should be counted.
The PA supreme court issued a ruling today saying that those ballots should not be counted.
So they won’t be.
That’s the “insurrection”.
I heard the count will wrap up in early December
4:53, There are three ways MAGA reacts to facts:
First, show fake anger
Then, insult the messenger
And finally deflect.
Calling due diligence in Pennsylvania votes an insurrection shows you watch Fox News and nothing else.
I look forward to Trump’s first day of being a dictator.
You really can’t make this shit up.
6:07 go peddle your papers elsewhere bozo
Good morning, all! I hope you’re all unburdened by the significance of the passage of time today!
By the way, have you seen everyone doing the Trump dance globally? American joy and vibes spreading around the world. The guy is not even in office yet and he’s creating unity already!
He’s an imbecile.
RentL0rd says:
November 18, 2024 at 8:57 pm
“due diligence in Pennsylvania”
Haha! That’s a good one. The Dems have admitted they’re breaking the law and willfully disobeying the supreme court, but not at all surprising that a dud that voted for Carmella would refer to it as ‘due diligence’.
By the way, some very early indications that Carmella may run for guv in Cali. I bet you’re jealous that LACKS might get another chance to vote for her.