Talk of The Villages Florida - View Single Post - How can an older home be sold, if one cannot obtain insurance?
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Old 08-07-2024, 06:01 AM
Angelhug52 Angelhug52 is offline
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Quote:
Originally Posted by Rainger99 View Post
What do people who live in homes built before 2010 pay for insurance?

Have you replaced the roof?

Was it difficult to get insurance?
We have used The Village insurance since day one.2003. New roof was on 2023 ,we paid a big part they paid the rest..Yes increases happen but in comparison to other companies not so bad.
Pay approximately 1880 year for home. ( travelers). Now if you get flood and or umbrella insurances can be ,is lot more.Yes selling may be effected by ability to afford or obtain the insurance. Until the ink is dry on the transfer the deal can fall through. This is why a sale goes from For Sale to Pending in contract to Sold.