This is a YouTube video titled "💫 Increase in Homeowners Insurance 💫" featuring Derek McGowan discussing trends in the housing market, specifically focusing on the rising cost of homeowners insurance due to factors like natural disasters and aging city infrastructure. The content was created in July 2021.
Things in the housing market that you may not know about. One big developing trend in the housing market right now is also the cost of homeowners insurance. Something to keep in mind with so many families moving outside of the cities nearby more natural disaster locations like hurricanes, wildfires, tornadoes. Insurance companies take that into account when they're quoting policies, so this is something to keep in mind. The infrastructure in many cities are crumbly. There's been a lot of budget cuts, not as new up to date areas. So something to keep in mind price of insurance. Sam.
