Trump's inflation
Our homeowners insurance increased by 38.2% from last year.
Our home's valuation went up by 17.02% from last year.
AND the insurance company eliminated all "small" deductibles thus doubling our out-of-pocket deductible. The elimination of smaller (more affordable) deductibles was caused by "the effects of inflation and the expense of small claims".
This is squarely at Trump's feet.
*Housing costs are soaring.
*Climate change is real. By denying the science and reversing necessary environmental policies, Trump and his ilk are worsening the climate.
FEMA funds to assist homeowner's have been cut as have FEMA services.
*Inflation is ALL on Trump. He has created a multiple crises which have worsened our economy.
The question I am left with is this:
*Do I take money out of savings to pay ahead on the Insurance portion of my escrow account? If so, I risk having less when an emergency arise.
*Do I accept an increase in my escrow account for the insurance and let the total monthly mortgage payment increase? If I do this, then as more price rises occur for power, groceries, repairs, etc., I will have even less income on a bi-weekly basis.
*At this point, I haven't gotten the rate increases for our medical insurance which are expected to rise at least 15%. Don't even get me started on how much the deductibles and copays will rise.

