Do you own your home outright? If you don't, the mortgage issuer (i.e. the real owner) would likely not play ball with catastrophic coverage. I've managed to k

Do you own your home outright? If you don't, the mortgage issuer (i.e. the real owner) would likely not play ball with catastrophic coverage. I've managed to keep my premium low by increasing the deductible to the max and also not increasing the covered amount (replacement cost). Even though I own the property, I'm not balsy enough to completely drop coverage. But, I also don't live in an area where the land is 80%+ of the value. For reference, I pay probably about a quarter of a percent of the insured value per year with a $3000 deductible, which seems pretty darn reasonable compared to comprehensive/collision car insurance.