We live in a half cement and wood house that has been through a huricane and did well. We do have insurance but are seriuosly thinking of dropping it. We could not get coverage for theft anyway. We live a simple life with tables made out of plywood but painted nice we recently splurged on a microwave, but no coffee maker, toaster, no vcr or dvd, we do have a small boom box. The insurance is not cheap if we got hit once every 5 years by a major huricane this is a VERY strong house, we might loose the roof and some damage downstairs, 5 years in premiums would cover any damage. So we dont think we need the insurance, except fo that great bonus all the insurance companies give you here of being covered incase an airplane crashes into your house????