Suze Orman Ditches $28,000 Condo Insurance: 'Why Pay When They’ll Likely Fight My Claims
Table of Contents The Shocking Reality of Home Insurance Costs Statistics That Tell a Troubling Story Navigating Mortgage Requirements Amidst Rising Costs A Call To Action For Future Homeowners Suze Orman Challenges Soaring Home Insurance Rates At 72 years old, financial expert Suze Orman is taking a stand against exorbitant home insurance prices that are affecting homeowners across the nation. Recently, she expressed her frustration regarding the staggering annual premium of $28,000 for her 2,100-square-foot beachfront condo in Florida. The Shocking Reality of Home Insurance Costs In an interview with DailyMail.com, Orman's disbelief was palpable as she stated, "Can you believe it? $28,000 for a condo that size?" While she has the luxury to self-insure—meaning she can forgo traditional coverage—her concern lies with average Americans who may not have such options available to them. The Broader Implications for Homeownership Orm...