I'd expect to see a surge in self insurance. These areas are so valuable already in a lot of cases where rich people are content to pay six figure property tax bills. Especially with cost of construction being a fraction of that property's value.
> a surge in self insurance
What is this? Would this just be "putting a little to the side each month" to cover your 12 million dollar loss to Hurricane Micheala ?
> a surge in self insurance
What is this? Would this just be "putting a little to the side each month" to cover your 12 million dollar loss to Hurricane Micheala ?