Talk of The Villages Florida - View Single Post - Insurance Concerns
View Single Post
 
Old 12-10-2023, 07:47 AM
Blueblaze Blueblaze is offline
Veteran member
Join Date: Feb 2021
Posts: 707
Thanks: 1
Thanked 1,296 Times in 373 Posts
Default

How absurd is that? You're worried that you can't insure a roof that's only used HALF its WARRANTY! Do you worry about buying an 18 month-old car because it's used up half it's 3 year factory warranty?

Here's an idea -- what if you didn't buy FULL REPLACEMENT COST insurance? You don't expect your insurance company to buy you a new car if it gets hail damage, why would you expect a new roof for the same reason?

I know of exactly TWO insurance companies who will write you a normal, depreciated asset policy on your roof, like the one you probably have now, in whichever non-Florida state you're coming from.

Kin and State Farm.

If every other company was bright enough to do this, there would never have been a roofing insurance scam to cause this problem in the first place!