Quote:
Originally Posted by laryb
Just looked at my new homeowners policy online from Tower Hill. On my next policy renewal in May, my home valuation will go up a little over 7%, and my premium will go 74%. We've been here 12 years and have never had a claim. I called The Villages Insurance, and they will get back to me to see if there is another company with a better rate, but I don't expect much. Since 2016 my premiums have gone up 300%. We bought the home new, and it will 12 years old in June
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And these rises are going to continue to rise faster than normal inflation, especially if Florida gets hit by a hurricane. Florida dodged a bullet in 2019 when hurricane decimated Freeport.