Talk of The Villages Florida - View Single Post - Catching up on Insurance news around the country
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Old 05-27-2023, 03:36 PM
JoMar JoMar is offline
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Originally Posted by justjim View Post
Just got our homeowners premium notice. It’s not good news! Eight years ago we moved into our new home in The Villages. Insurance premium was $700.00 today’s premium $1,700. (Numbers rounded of course). Never had a claim. As a matter of fact, don’t know of a claim within blocks of our house. “Something” just does not seem right about this.
Insurance is not about your individual history, it's all "pool" based.....and we are in the Florida (hurricane, flood) pool. Plus as more companies leave the burdens fall on the few remaining providers. Lets hope the latest legislation helps keep competition alive but if it doesn't, it will continue to get expensive.
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