The podcast also talked about insurance claim re-housing where families lose their homes to a tragedy and get replaced through their insurance.

 - a study on rent cost compared to ownership cost shows that virtually every large city market it is initially cheaper to rent than own (I believe is was cheaper to went in 97 of the largest 100 markets)Miami and Florida have extra concerns:- insurance difficulties have resulted in large increase in insurance costs.  

Talk to your insurance agent and be sure you're covered.

I purchased flood insurance on a Zone A property in July this past year on a house that had previously flooded. 

Absolutely use their payment processor and insurance and don't allow cancellations.

Insurance is the FIRST line of defense.  

Yes you have insurance, but it may not cover everything.

With foundation issues, one could have plumbing, drywall, flooring and even roof issues and alot more.

I put property taxes 6k/year on each(Even though that's way higher then what it actually is, but the county tax estimate says its around that much for each) and for insurance, I just put 1,100/year on each.If there's more info needed let me know.

Insurance.