There are so many programs for homeowners to mod, access forbearance, etc, to keep them in the homes that I doubt these are resolved anytime soon. 

**************************************************************************Insurance premiums of American homeowners rose last year, with rates increasing by more than 20 percent in six states, according to a recent report from S&P Global.In 2024, insurers raised rates by 10.4 percent as of Dec. 27, which followed a 12.7 percent hike in the previous year, according to the Jan. 21 report from the company.In total, 33 states saw premiums climb by double digits last year, with the largest spike seen in Nebraska at 22.7 percent.

They are a bad deal for homeowners and a terrible deal for rentals. 

My motivation is to increase my financial literacy and diversify into real estate.I have rented all my life and seek to become a homeowner/ investor to help my family and make their lives easier.

You can gauge this risk by checking state average homeowners insurance rates.Few people live in cities that meet all the above requirements.

There are a few local bills being introduced to give mom-pop homeowners more strength in dealing with evictions. 

I am putting in place what I determine to be responsible tenants that want to be home owners in the future.   

This puts every insurance provider in a tough spot and causes unnecessary worry for homeowners and landlords like yourself who are the ones receiving pending cancellation and cancellation notices.

I generally work with home owners looking for long term management, but I do work with a local broker with access to off-market deals, and he sees a lot of activity in the area.

For example, they won't need to cover your personal belongings (furniture, clothing, etc.) because you won't be living there.A landlord policy should cost about the same as a homeowner's policy; it just changes what is covered.