Barring an unforeseen catastrophic change in the way our economy works, you acquire skills that can produce income your entire life.

With the number of hail/wind storms we've had over the past few years, I've come out way ahead paying a little extra and making claims when a catastrophe hits. 

We believe in God and country, believe in the Biblical teaching on creation, don't believe in catastrophic man-made global warming (nobody has proven it to be true), we eat dinner at Granmas, play golf for 10 bucks, catch cat-fish on a trot-line, and teach our children to shoot guns.

List out all the major concerns you have and assign them a value based on likelihood and based on how catastrophic they would be to your goals.

Saving $60/hr versus 5 million dollar lawsuit for catastrophic injury/ wrongful death suit . . . 2. 

As long as it’s not catastrophic and you learn from it next time it’ll make you a better.

It will automatically shut off the water if you have a potentially catastrophic leak.

If I’m the winning bidder, can I have it inspected in that 45 day window and, if any catastrophic problems are found, simply forefit my $10k?  

Carriers simply can’t survive paying these higher prices without charging more themselves.Litigation is expensive and settlements are rising at an unprecedented rate.ReInsurance (the insurance your insurance carrier buys to help cushion catastrophic loss) is at or approaching capacity in many markets, and rising rates are unsustainable.This is a significant issue affecting the property & casualty industry (home/Landlord and auto), and pricing correction is anticipated at least through 2024.

I believe it tends to give me a slightly lower return, because the sponsor is going to be more careful, and if there is a severe downturn will prevent me from taking catastrophic losses.