Quote:
Originally Posted by MrLonzo
I heard Farmers pulling out of homeowners insurance market. I checked Allstate and Progressive -- neither are writing new policies in the Villages. The one quote I got was double what I was paying in California for a much nicer house but in an area prone to earthquakes, wildfires, mudslides, and lots of crime. I always viewed TV as a safe place to live. What's going on at the Villages with regard to homeowners insurance? Is it really a gamble to self-insure when 3 years of premiums would pay for a new roof?
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. I think you are asking what will happen if you do not buy homeowners insurance. In three years time, you will save enough money to purchase a new roof. True, maybe not. It is a risk you are willing to take. Sometimes you will win and sometimes Damn! Didn't see that coming!
Right now, the ocean is hotter than it has ever been due to this heat wave. Meteorologists have said if a storm forms, Florida is prime for a giant hit. Are you willing to bet this information is incorrect? I have lived in Florida since the eighties. Hurricane Jeanne (I believe that was the name) was as large as the state of Florida. And, it was the fourth or fifth to hit Florida in consecutive weeks. Beware warm waters!