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, 07:00 AM
Nana2Teddy Nana2Teddy is offline
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Quote:
Originally Posted by Rocksnap View Post
We are building a Premier block house, about 2900sf/2200sf living space. I’ve had 1 quote for about $1440 a year. Standard was catastrophic sinkhole coverage. I upgraded to slow sinkhole coverage (for now). I added umbrella coverage.which was about $20 extra.
Ask me in a year if the premium goes up substantially.
For comparison, I paid about the same in Connecticut for a similar sized house, circa 1981 build, no sinkhole coverage.
Who are you insured with? We were quoted a couple hundred dollars annually for the addition of umbrella insurance with State Farm.