Talk of The Villages Florida - View Single Post - Headline: Homeowners insurance crisis hits villages
Thread: Headline: Homeowners insurance crisis hits villages
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Old 08-26-2022, 06:40 AM
Laker14 Laker14 is offline
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Originally Posted by RICH1 View Post
Mine jumped 800.00….2400.00 for a Ranch bungalow I’m blaming all the people that smoked the insurance companies for New Roofs
I'm sure the roof fiasco is partly to blame. It's a tough call when someone offers you a way to have someone else pay for a 17K roof replacement, when you know if you don't take the bait, you'll pay the 17K for your own roof, AND get nailed with a big insurance increase to pay for all of the "free" roofs other people got.

However, there are other factors. The cost of building supplies has "gone through the roof" over the last few years. That has to have an effect on the premium as well.