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Originally Posted by kentucky blue
Another question on home owners insurance.For those of you who rent your property in TV, how much more is your insurance premium?I'm sure you have to disclose the fact that you will be renting your property when you applied for insurance. Also,how much of a problem have sinkholes been in the past in TV's? Finally, Shadow i'm glad your around , just for a little balance and some informative post.
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Insurance when we were renting was a little less - you cannot get replacement insurance when you are renting it out. Ours went up a little (around $800) last fall when we moved down and quit renting it out. I think it was just under $600 5 years ago when new, and has risen slightly most years, might still be under $800. 3 BR CYV.
By the way, The Villages Insurance is an agency, not the carrier. We have ASI. Most carriers limit their Florida exposure and only take a certain # of properties in Florida, even if you are not on the coast, although coastal premiums are higher. Will be waiting to see if ours has a big jump on renewal this fall. Hope not. Maybe some of you have larger premiums because of high liability coverage? as well as low deductibles?