“My home is a very expensive place to live and we’ve got a large population,” he told CNN.
“I’ve had problems with my insurance company before and that was when I was on unemployment.
Now I’m getting benefits.
That’s the biggest change for me.”
In his second home, he’s had trouble with his employer’s coverage.
“When I moved to New York in December, they were trying to keep us on the insurance and they were also asking for a more complicated process,” he said.
“They were just saying, ‘You have to wait until we fix your problems with your employer.
You’ll be in the same boat.’
I’m like, ‘Oh no, I’m in a different boat.'”
Trump said that as president he would not be able to negotiate for higher benefits or cheaper premiums.
Instead, he said he would simply do what the market would dictate.
It’s unclear whether this policy change will be permanent.
Last month, the Trump administration announced a major increase in the monthly premium on Trump-branded home insurance, which would make it more expensive for those with higher incomes to buy policies.