{"type":"rich","version":"1.0","provider_name":"Transistor","provider_url":"https://transistor.fm","author_name":"The Principled Entrepreneur","title":"$5,800/Year Insurance? The Hidden Crisis Killing Home Sales","html":"","width":"100%","height":180,"duration":2131,"description":"The Hidden Cost Killing Home Purchases\n\nInsurance just killed one of our deals. The buyers got a quote for insurance that was DOUBLE what the bank estimated - and they had to walk away from their dream home.\n\nThis is happening everywhere. Oklahoma homeowners are paying $5,858/year on average. Insurance companies are fleeing California, Florida, and Texas. And natural disasters are passing the bill to ALL of us - even in states that haven't been hit.\n\nIn this inaugural episode of The Principled Entrepreneur podcast, real estate professionals Caleb and Jody Moore (16 years in the business, co-owners of a real estate company) break down why this is happening and what it means for you.\n\n### - Why insurance killed a recent home purchase (and how to avoid this happening to you)\n- The shocking state-by-state insurance cost comparison (Oklahoma leads at $5,858/year)\n- Why insurance companies are leaving California, Florida, and Texas\n- How natural disasters in OTHER states are raising YOUR premiums\n- Why 5.2 million Americans are expected to migrate in 2025 due to insurance costs\n- State Farm's 22% rate increase request in California - and what it signals\n- How rising premiums can lead to foreclosures (even for existing homeowners)\n- Arkansas's position as a top relocation destination and what that means for the market\n\n### - 00:00 — Introduction: Meet Caleb and Jody Moore\n- 01:00 — Podcast mission: Real estate, business, and life\n- 02:00 — Background: 16 years in real estate, high school sweethearts\n- 09:24 — The insurance crisis: How it killed a real home purchase\n- 10:16 — Why insurance is so high: Natural disasters explained\n- 14:23 — State-by-state breakdown: Oklahoma's $5,858/year average\n- 15:17 — Americans on the move: 5.2 million expected to migrate\n- 16:37 — Insurance companies leaving states: The California exodus\n- 17:03 — State Farm's 22% rate increase request\n- 19:24 — How natural disasters affect YOUR premiums nationwide\n- 24:17 — Labor and construction...","thumbnail_url":"https://img.transistorcdn.com/-bqDNbTKx1JyRFb-kskNW46t5cPBJjZMRKKGvrZoBYY/rs:fill:0:0:1/w:400/h:400/q:60/mb:500000/aHR0cHM6Ly9pbWct/dXBsb2FkLXByb2R1/Y3Rpb24udHJhbnNp/c3Rvci5mbS84ZDYw/MGIxNjVhNjkzODc3/YTEyZmEyMWE5Yjg1/MTdlYy5qcGVn.webp","thumbnail_width":300,"thumbnail_height":300}