Talk of The Villages Florida - View Single Post - Home Insurance Rates
Thread: Home Insurance Rates
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Old 06-14-2021, 02:16 PM
mikef65 mikef65 is offline
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I'm still taking with progressive about my renewal which is up from 966 to 1358 this year. The agent told me it was due to the number of roof replacements recently, which is possible but irrelevant because I replaced my roof in 2015 at no cost to progressive, because it was an Owens Corning warranty covered replacement.

I tend to believe the lumber cost increase explanation... The actuaries crunch the numbers... We just pay the result.




Quote:
Originally Posted by 2BNTV View Post
I'm just curious if anyone has experience a dramatic increase in home insurance rates due to the inordinate amount of claims due to hurricane Irma.

I was quoted a $1913 rate, up from $1173, That is a 63.4% increase.

I was also informed some insurance companies have gotten out of the home insurance market!

I was wondering if anyone is willing to share their insurance rates and with whom they have their insurance with.

Thank you in advance for your replies.