Life is not static for most people. 

From what I’ve read in The Economist, demand for “off-the-beaten-path” destinations has increased post-pandemic, as travelers seek quieter, less crowded areas.In my backyard, investors and homeowners alike are increasingly drawn to areas like Gilbert and Chandler due to their exceptional growth potential and quality of life.

Same answer whether you borrowed against your residence or against your rental A or against your life insurance or from your family or from any other source. 

Statistically, I would bet that many of these properties could be at risk from a similar event before the reconstruction could even be completed.What is the new premium on a $5-10-20M insurance policy and how could it ever be recuperated during the life of the policy or length of the average 30 year loan? 

Someone's home is one of the BIGGEST and MOST IMPORTANT things in their life!

SIGNED STATEMENT OF INSURED AS REQUIRED BY SECTION 3905.33 OF THE OHIOREVISED CODEThe named insured ___________, acknowledges that the insurance policy (other than life insurance) as described above is to be placed with an insurance company not authorized to do business in Ohio.The insured understands that the insurance company is not a member of the Ohio Insurance Guaranty Association and that Chapter 3955. of the Ohio Revised Code is not applicable to claimants or insureds of said insurance company.

Is there a simpler way to do things?

Don't make your life more complicated than it has to be.

I know many of us didn't get into this game until later in life so my hat's off to you.

Beyond property owner losses are retailers, grocery workers, dog walkers and all walks of life whom’s livelihood was interrupted.