Talk of The Villages Florida - View Single Post - Not moving to the Villages but....
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Old 10-04-2013, 09:03 PM
ilovetv ilovetv is offline
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Many of us can relate to wanting to be on or near the Gulf beaches. But be careful about ability to get good homeowner insurance with hurricane coverage.

Also be aware of this jolt to the ability to get flood insurance in coastal areas (and designated inland areas, too).

Quote:
Originally Posted by janmcn View Post
New flood insurance rules have consequences for Florida's economy | Tampa Bay Times

Read this article for an update on what's happening to flood insurance rates in Florida effective Oct 1 because of the Biggert-Waters Act passed by congress in 2012. One new home owner's rates are increasing from $1700 per year to $10,000 to $12,000 per year.
These are some of the many reasons we chose to buy in Central Florida and TV in particular.