Talk of The Villages Florida - View Single Post - Is it possible to get Homeowners Insurance at the Villages?
Thread: Is it possible to get Homeowners Insurance at the Villages?
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Old 07-18-2023, 09:16 AM
JWGifford JWGifford is offline
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Originally Posted by MrLonzo View Post
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?
For reference, in Galveston I pay $6,500/yr for insurance, and another $11,000/yr for property taxes on an appraised value of $536K. So, $17.5K/yr before I walk in the door. Going up every year. TV looks pretty good.