- 2,304
Suze Orman scoffed at a $28K insurance quote for her Florida condo — says the insurer 'will probably contest' any claim she files anyway. Why this alarming trend threatens US home ownership
Suze Orman uses her money to buy herself some nice things — like a condo in Florida right on the ocean.
It’s an idyllic place to live. That is, until the personal finance celebrity recently received an insurance quote for this 2,100-square foot property.
“I'm not paying $28,000 a year when the insurer will probably contest any claim I get anyway,” Orman told DailyMail.com in an exclusive interview. “Are you kidding me?”
Orman has enough money to turn her insurance provider down and self-insure. But she knows that many other Americans don’t have the same luxury — and she’s worried about this. Here’s why.
More
Suze Orman uses her money to buy herself some nice things — like a condo in Florida right on the ocean.
It’s an idyllic place to live. That is, until the personal finance celebrity recently received an insurance quote for this 2,100-square foot property.
“I'm not paying $28,000 a year when the insurer will probably contest any claim I get anyway,” Orman told DailyMail.com in an exclusive interview. “Are you kidding me?”
Orman has enough money to turn her insurance provider down and self-insure. But she knows that many other Americans don’t have the same luxury — and she’s worried about this. Here’s why.
More