Talk of The Villages Florida - View Single Post - Will this happen in The Villages?
Thread: Will this happen in The Villages?
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Old 01-19-2025, 09:36 AM
biker1 biker1 is offline
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No. My home owner's policy has doubled in 10 years, which equates to about 7% per year and is much higher than the rate of inflation.

Quote:
Originally Posted by ithos View Post
I believe this to be true because the decrease in home values in Florida has been primarily due to the skyrocketing insurance rates caused by the recent hurricanes. Also many high rise condos near the beaches face mandatory remediation due to long term neglect.

Since The Villages has suffered very little damage from the weather, the rates of insurance have risen only modestly in line with the overall rate of inflation.