Talk of The Villages Florida - View Single Post - Home Owners Insurance Rebate
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Old 12-01-2007, 05:57 PM
Bryant Bryant is offline
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Default Re: Home Owners Insurance Rebate

$938 for a $425M home sounds very very reasonable.
I would guesstimate my home resale value around $249M. The dwelling coverage on my policy is $183M with $500 hurricane deductible and $500 other perils thru ASI (Sumter-Marion Ins. is the agent). My premium went up in 3/07 from $694 to $908 (a 31% increase). I would take that $938 premium and run.

I just spoke with a friend in Polo Ridge who had the wind inspection and received the copy in the mail. The suggestions were to make upgrades to her home (new roof shingles, longer nails, etc.) to the tune of $10M in order to receive a $94.00/yearly rebate. What's that all about???? I wish I had called her before I completed the application on line; seems like a big waste of my time!!
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The Villages (Polo Ridge; Piedmont), Toms River, Brick, Spring Lake Heights, NJ and Bronx, NY