Talk of The Villages Florida - View Single Post - 4127.77 AAA insurance for 1094 sf block Courtyard Villa!!
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Old 01-12-2025, 07:55 AM
MandoMan MandoMan is offline
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Quote:
Originally Posted by starflyte1 View Post
I have received my insurance premium due from AAA. I have been a customer for over 12 years. Now I find I don’t have an agent but am assigned to Member Service Center.

And a premium of $4,127.77.

Can anyone recommend AAA agent they’re happy with at Spanish Springs office? I need an agent to try and explain this.
I live in a 13 year old 1,200 sq ft courtyard villa, and my insurance is around $2400 a year. That’s about double what it was four years ago. Also, if there is roof damage, I don’t get a free replacement courtesy if the insurance agent. What I receive is prorated, which means I would get essentially nothing. I also have a $14,000 deductible for hurricane damage. That mean the company is of the hook for a huge number of claims. But that keeps prices a bit lower. AAA tends to be very expensive.

I’ve read that insurance companies have lost money in Florida in each of the last seven years. They can’t sustain that, as they have to turn a profit or lose their investors, the California fires in 2017 ate up 25 years of profits in that state. The current fires will lead to even bigger rate increases there. Thats how insurance works.