A few nights ago, as I listened to 60-plus-mile-per-hour winds rattle my windows, I thought once again how happy I was to no longer be a property/casualty insurance agency owner.

For 10 years, I was a P&C insurance professional, and I remember every single major weather event that blew through North Texas, where I built two agencies from scratch. I remember the difficulty I experienced in the homeowners insurance market when the mold scam was perpetrated on the industry. I remember trying to explain to long-time clients why their auto coverage was increased, despite never having an accident or moving violation, rather, because the credit industry was allowed to take advantage of consumers. I remember most of all, trying to explain to clients the reason their homes needed to be insured for the amount needed to rebuild them in the event of a total loss, and not for the amount they thought their house was worth. This was perhaps one of the most difficult sales I had to make.

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