In New York, homeowners’ insurance premium improve only a little for this year. Some find this a good thing because they are saving some money. But upon further review, there’s a catch. Their deductible for hurricane damage increased. This situation causes some New Yorkers to react, and they say that this is unfair for them to be paying so much and receiving so little. This has been bothering them so much that they started to have doubts with their insurance companies. The downside of this is that New Yorkers cease purchasing insurance, which actually is a bad thing not only for the insurance companies but for them as well.