Talk of The Villages Florida - View Single Post - Proposed Insurance Legislation
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Old 05-21-2022, 10:48 PM
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Quote:
Originally Posted by blueash View Post
the little photo of the proposal gives not a bit of information on what is being suggested. It just says it needs to be fixed.

My proposal would be that homeowner's insurance cover roofing as a depreciating asset like when you buy tires. Full replacement for 2 or 3 years then decreasing coverage down to zero percent after 15 years for claims related to weather damage. You could optionally buy 100% replacement roof coverage, but you can be sure it would be expensive.

Gee, like insurance I had in other states.