Inflation here? gas/grocery prices just continue to climb

DC homeowners insurance for 500k home is $600. Property tax is $850/100k or $4250 before 75k homestead. A 5k/yr payment for T&I is reasonable on 500k, that’s 1%. DC also caps tax increases at 10%. So when its reassessed at 580k next year you only pay on 550k.

I don’t know how SELA residents afford the $3600+ insurance rates. I think my mom pays $4200 in Kenner for a home that has never flooded in 45yrs. They even made her put a new roof on before they would insure her.

i have a rental dwelling in Mandeville.

3 years ago was paying $1800/yr for insurance.

It renewed 4/1 with a company that is NOW IN RECIEVERSHIP ( aka out of biz ) . - $4400 - they billed my escrow KNOWING they were on cusp of liquidation.

NM just got word as im typing - Lighthouse is liquidated.

Meaning if ANYONE here is with Lighthouse insurance, you have 30 days to find new carrier. And refund? yeah that will take months- to come.

holy cow.