Talk of The Villages Florida - View Single Post - How can we solve the insurance problem in Florida?
Thread: How can we solve the insurance problem in Florida?
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Old 09-08-2023, 08:22 AM
Whitley Whitley is offline
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Originally Posted by MX rider View Post
They already pay more. Our best friends have a home in Bonita Springs very similar to ours. They pay 3 times what we do. Probably going to be more when they renew.
IF they can renew. Many people and organizations/associations are now with Citizen's Insurance, the insurer of last resort (namely the state insurance). During the past 5-10 years million dollar homes and hundreds of millions of dollar associations are now writing with Citizens. I urged my clients to go with Citizens 5+ years ago not because they are a great company (they are not) but because they have a reasonable cap on annual rate increases.