Talk of The Villages Florida - View Single Post - Property Insurance reform??
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Old 01-07-2023, 09:06 AM
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Quote:
Originally Posted by JoMar View Post
Since the roof issues cover the entire State, and are continuous, not sure they are a drop in bucket, but either way, unless a way can be found to keep insurance companies in the State the rates will increase.
I don't know why the industry isn't pushing for a policy that has a deductable , like auto insurance. I would certainly buy a home policy with a $20k deductable, if it cut my premium in half. But here's the thing, it wouldn't reduce it much at all. Which is why the industry isnt pushing for it.