Agreed. Why should they pay for upgrades when they can wait for the inevitable storm to wreck their home, then upgrade with the insurance money and cheap rate storm loans.
Easy answer, Jack: some people would rather not have to deal with a loss, need to live somewhere else while their home is being repaired, and have to shop to replace all their damaged personal items.
Of COURSE these folks have a plan.
It’s called the “Buy NFIP and pray for water damage to obscure the wind and wind-borne debris damage, then rebuild with government funding” plan.
Agreed. Why should they pay for upgrades when they can wait for the inevitable storm to wreck their home, then upgrade with the insurance money and cheap rate storm loans.
Easy answer, Jack: some people would rather not have to deal with a loss, need to live somewhere else while their home is being repaired, and have to shop to replace all their damaged personal items.