TexasCHLforum.com

powerboatr wrote: ↑Sat Sep 03, 2022 4:29 pm

03Lightningrocks wrote: ↑Sat Sep 03, 2022 2:58 pm

Ruark wrote: ↑Sat Sep 03, 2022 1:28 pm Yeah, shop around. We ended up going with GEICO for car and property insurance. But even then our house insurance went up about 18-20 percent this year, due to increased cost of materials and labor. When gas is $4 a gallon, it costs more to send that crew out to fix your house, not to mention the cost of lumber, concrete, etc. skyrocketing. Thanks, Joe.

My darned deductible is 1% of my home value. I would need a tornado to knock my house down to cover the deductible.

mine to 1%
for windstorms, tornadoes etc. so we have a sep savings account with 2x deductible .

Ruark wrote: ↑Sat Sep 03, 2022 1:28 pm Yeah, shop around. We ended up going with GEICO for car and property insurance. But even then our house insurance went up about 18-20 percent this year, due to increased cost of materials and labor. When gas is $4 a gallon, it costs more to send that crew out to fix your house, not to mention the cost of lumber, concrete, etc. skyrocketing. Thanks, Joe.

Flightmare wrote: ↑Sat Sep 03, 2022 12:26 am

03Lightningrocks wrote: ↑Fri Sep 02, 2022 7:38 pm My insurance has gone up steady every year for the past many years. One problem I have is that the City of Plano keeps increasing the value of houses. I would protest but house all around me are selling for more than the city appraisals. How do I win that contest? I am not even sure who my carrier is. My insurance covers full replacement costs in case of a major catastrophe plus a 150K in personal property loss. I price shopped and every single estimate is more than I pay. Taxes and insurance is adding 750 dollars a month to my darned house payment. I bought this place in 1996 and owe 185K due to one refinance I did. My payment with taxes and insurance is 1750 a month. My neighbors I moved in with have all bailed out and made as much or more than double what they paid. I paid 141K for this house. The bank that had repossessed it wanted 161. My realtor even fought me on offering so low. Long story short. I am glad my house has nice equity but I am getting choked out on the increases due to property value increases.

City taxes aren't what is killing me, it's the ISD taxes that hurt the most. They make up over half my tax bill, and I believe the ISD here is sending more than half of their revenue to Austin in the form of recapture.