Earlier this year, I got a notice in the mail that my home insurance was increasing by about 25%, effectively making the escrow portion of my mortgage payment more than what I pay in principal and interest.
Inspired to save money, I hopped on the internet and shopped around with some of the name-brand insurance players. I was shocked to see that even with the hefty increase, my current insurance was way cheaper than what was being quoted by others.
Like everyone else in this land of red dirt, I chalked this up to just another drawback of living in Oklahoma – a hail-crazed place in the middle of tornado alley that’s resulted in my house needing three new roofs in 15 years.