Talk of The Villages Florida - View Single Post - Umbrella insurance policy question(s)
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Old 09-11-2014, 07:18 PM
janmcn janmcn is offline
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Quote:
Originally Posted by Rc Moser View Post
I was told it's cheaper to have golf cart and motorcycle policy seperate. My quote from company I'm probably going with for house, car, with seperate golf cart and scooter policy all cheaper or the same as just my home insurance from another state.

Car Insurance for me higher in Fl. than the state I came from, but house insurance way cheaper. I also have in the quote extra sinkhole cover that caps what I pay at about 12%. I can find cheaper insurance but nobody wants to cover sinkhole coverage. Course house has to be pre-inspected for the extra sinkhole coverage.

Basiclly for me I got everything covered for about the same price as my previous state house insurance. So seems to be good deal at lower rate for me.
Are you saying that the deductible for sinkhole insurance is now 12% where formerly it was 10%? In other words, if the insured value of your house is $200,000 you now pay $24,000 instead of $20,000. That's a pretty sharp increase.