Talk of The Villages Florida - View Single Post - How can an older home be sold, if one cannot obtain insurance?
Thread: How can an older home be sold, if one cannot obtain insurance?
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Old 08-08-2024, 06:53 AM
Markus Markus is offline
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Quote:
Originally Posted by Kzeus View Post
We are moving to The Villages in about a month and have been mulling this question:
How can someone sell a home older than 20 years, if insurance companies refuse to insure at all, or charge exhorbitant fees? And, conversely, why would anyone buy an older home?
We welcome all *kind* responses. Thank you.
WELL.... More than half of the homes here are considered 'old'.. regardless if they are being sold or people live in them they should have insurance. The homes people are living in have insurance right?

Typically a home with a roof near end of life and/or a water heater at end of life will cause issues attempting to get insurance. Old mobile homes have a hard time getting insurance or the insurance is very high.