Quote:
Originally Posted by Rocksnap
I fail to understand why Florida insurance companies want hvac or water heaters replaced, if they are old. Coming from New England, I’ve never heard of such a thing. Having an old system is the norm. Never heard of anyone that was forced to replace an old system. Not even a roof. All that’s up to the homeowner.
|
True, but I can understand why an insurance company would rather insure a homeowner who replaces old equipment with newer equipment, if it is legal. Some insurance companies even base their premium on a homeowner's credit rating. Government control of private companies can only go so far.