Quote:
Originally Posted by OrangeBlossomBaby
So far, no one has answered the question asked. Lake14 came close though. What's missing is the answer to the question: what's the going rate for insurance on an older home with a new roof?
He's not asking for favorite areas.
He's not asking for "best bang for the buck."
He's not asking for tax costs.
I'm unable to answer the question since I live in a manufactured home with a metal roof, so my insurance prices can't compare at all to the prices of a site-built house with a shingle roof.
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2004 concrete block Lantana with a 2019 roof, from USAA: $1812/yr with discounts.
When I bought it in 2020, it was $603, from one of those no-name fake Florida insurance companies recommended by the realtor, on the condition that I replace a perfectly serviceable hot water tank (which cost me $1200). The premium went to $1000 the next year, and I was continuously harassed by that insurance company for stupid things, the most recent of which was a demand to explain the reason for a prior (dead) owner's roofing claims. I got fed up and went back to USAA, even though it almost doubled my bill. The fake insurance company even refused to refund the balance of the policy, as they are required to do, by law. I reported them to whatever passes for an insurance commissioner in this state, but of course, never heard back from them.