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?
View Single Post
 
Old 08-08-2024, 10:10 AM
Velvet's Avatar
Velvet Velvet is offline
Sage
Join Date: Mar 2019
Posts: 5,876
Thanks: 1,306
Thanked 4,487 Times in 1,982 Posts
Default
Quote:
Originally Posted by Buckeyephan View Post
Last year we sold my late MIL’s Lakeland, FL house that was built in 2000. Realtor said we needed to replace the 15 year old roof. Checked with our State Farm agent to see if this was true. We were told that State Farm wouldn’t insure a house older than 20 years under any circumstances. Even with the new roof, buyers had to really shop around before they could get insurance.
Actually, State Farm may want to simply get out of Florida in the first place. Several insurance companies have left already.