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Old 10-30-2024, 07:07 AM
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Default Villages Homeowners Insurance Company?

It would seem like a good business opportunity for The Vllages to open their own homeowners insurance company. Given the relatively small amount of homeowner claims in this generally safe central Florida area, it would seem very profitable if The Villages opened their own homeowners insurance company . if they insured only Villages homes, and they know the building criteria used and have easily accessible data, it seems like they would make a huge profit here and help all us homeowners with these outlandish rate increases from the other companies.

Just as their huge Citizens First bank is for profit with brick and mortar bank branches all throughout The Villages, what would be the reason they would not set up their own insurance company for profit with reasonable rates in service Only The Villages? Seems like another great for-profit company the developer should look into - a win-win.