Talk of The Villages Florida - View Single Post - Cancelled homeowners insurance
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Old 12-27-2022, 09:19 AM
Whitley Whitley is offline
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Quote:
Originally Posted by retiredguy123 View Post
Buy a new roof.
What this will lead to, is people buying lower quality roofs. Why pay for a 30 year roof when you will have to scrap it in 15 years. The entire insurance system is broken. From providers providing quotes for a property to only one agent, to reinsurance, to requiring individual policies on a multi building association the system is broken. Plenty of blame to be spread around. The insurance providers like to blame lawsuits as one of the major reasons for high rates. Ask them what percentage of claim denials that make it to arbitration or court they lose.