Quote:
Originally Posted by Decadeofdave
To answer your question, less than your Louisiana situation, generically speaking.
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For us, we've not been able to find anything even near what you presently pay ($560), hard to believe that's for an entire year. I don't know anyone here who takes flood insurance (additional $1000.00 or so you posted), but doubt you can find a company with an annual premium of $560.
We pay near $1600.00 per year for single story of 2,284 sq. ft. Roof is less than 1 year old, if that gives you an idea. Be sure to study sink hole coverage thoroughly BEFORE you make any decisions once you get here. Everyone will give you advice, but YOU have to decide on if and what category of sink hole coverage you might want. Make sure you truly understand EXACTLY what terms like "catastrophic" mean, vrs. other categories of coverage.
There will be many opinions on here, but we've found no matter what, new roof at our own expense no claims filed, we've had to change companies every few years here due to premium "creep". Just changed again to get it to just under $1600. because company we had for last 4-5 years gradually increased annual premium to $2087.00 ! So, change time again !
When buying here, a good tip is to find some way (it's very difficult, agents generally don't pursue this for clients BEFORE purchase) to check to see if ANYTHING is out of compliance with the deed restrictions and architectural review rules. So many people are caught off guard when they close and THEN find they have to incur significant expense to remove landscaping that does not conform, or find an encroachment that has existed for 10, 15, or more years must be removed (more sq. ft. of rock used for instance, than allowed).