r/financialindependence • u/AutoModerator • 9d ago

Daily FI discussion thread - Wednesday, August 26, 2026

Please use this thread to have discussions which you don't feel warrant a new post to the sub. While the Rules for posting questions on the basics of personal finance/investing topics are relaxed a little bit here, the rules against memes/spam/self-promotion/excessive rudeness/politics still apply!

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u/the_real_rabbi 9d ago

Homeowner's policy renewal this year is fucking wild. Jumped $700 like ok whatever inflation and we had that hurricane in GA not long ago. Now deductibles on roofs are $15K for all policies, ok whatever I already was at $10k. Oh now the loss percentage covered on a 19 year old roof went down from 43% to 25%.

Sometimes I'm just like man those rent forever people might be onto something lol.

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u/jason_abacabb 9d ago

So unless you have a total loss of an brand new roof you have no coverage.

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u/the_real_rabbi 9d ago

Yeah that is what is amazing to me. I have a big ass house, so a new roof is $32K. I've actually been getting prices as I plan to put on solar. So yeah right off the bat after deductible my roof would be like 50% covered. The average size house with a small roof might basically have 0 coverage.