The derecho storm on 08/10/2020 caused significant damage to our home and automobiles. The repair cost for home repairs skyrocketed for everything; materials, labor, insurance, mortgage, etc. Right in middle of dealing with this natural disaster and the change in our cost of living, the whole family was diagnosed with covid-19. Fortunately, none of us needed hospital care, but there was a loss of wages. I am in the middle of a back-and-forth with the insurance company and the contractor about what is covered and who pays for it. There is a catch-22 because we can change insurance to a more reasonable rate but the house needs to repaired in order to change insurance companies. Interestingly, when I called the insurance company to find out specifically why it increased SO much, the agent stated, “I have never seen THIS much of an increase to coverage costs.” Of course, it didn’t make me feel any better.
We are getting dangerously close to losing our home because we do not have the necessary funds to cover the repairs and the sudden increase in bills. $20,000 is our goal and will go to nothing but repairs and bills we are behind on.
We are just trying to get our heads above water and get our lives back to normal. Anything would be appreciated and once we can breathe again, we will start paying it forward immediately.
Thank you for your time and your much needed help,