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02-15-2012, 12:41 PM
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Veteran member
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Join Date: Jun 2011
Location: PA
Posts: 674
Thanks: 38
Thanked 17 Times in 12 Posts
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Quote:
Originally Posted by PaPaLarry
I have an Amarillo ranch built in 2006, 1540 sq ft, and just received my insurance bill. 1,120.00 for coverage . Seems like it went up about 250 bucks. I have ASI thru Sumter-Marion Ins. Hurricane prem-448.54, Non-hurricane prem-671.46. Hurricane deductable is 500. Dwelling coverage 212,000.00. Sinkhole coverage also. Has anyone experienced the increase of insurance this year? When first purchased in 2006, it was just under 600.00. I mean WOW!!!!  |
This article may explain the sudden increases.
Proposed sinkhole insurance rates likely will force people to drop coverage - Tampa Bay Times
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