Quote:
Originally Posted by jcvdd1
Disclaimer
I have "no" specific
information what so ever and I'm only providing an opinion-
Due primarily to the very close call of Hurricane Dorian considerably causing major financial losses, I personally believe that at the conclusion of our current Hurricane season, all the major insurance carriers will leave The Villages and the only homeowners insurance company left still binding homeowners policies here at The Villages will be the insurance company of last resort - Citizens...
For those of you that are unfamiliar with Citizens Insurance, be prepared for your policy premium to double, your deductibles will substantially increase and the service will decline.
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Our oldest has a home barrier island in North Carolina, every Hurricane has directly caused mandatory evacuation, and major damage to homes in the island for the last 10 years. His home owners has increased $187.50 since he purchased his home.
Waiting for validation of your intel, for Florida. I am guessing you are either a claims director, or high in the racking of insurance board, to have such valid information. Cause most of us that live here rarely worry about rumors