I'm having a few beers here and trying to forget about the insanity of the past few days.
My insurance company for my rental house in Memphis (formerly our family home) is threatening to cancel my insurance unless I replace the roof in the next 10 days. They sent some inspector out and decided that since it's missing a few shingles and is at the end of it's original 20 year warranty, it needs to be replaced or they won't cover the home anymore.
They are just looking for a reason to cancel my policy since they really don't want to insure a rental home and are forcing me to do it, hoping I won't and let the policy be cancelled. The problem is that the alternate insurance companies want 4x the annual premium to cover the home putting me between a rock and a hard place.
Now I'm looking at a sudden $15k expense to keep the coverage or a massive increase in premium if I switch companies.
I need another beer before I decide to start breaking things in a complete rage...