Homeowners Insurance

[Jim1mack]

I like probably many others have been informed that your current policy will not be renewed.
The Villages Insurance is whom we went to to get our current policy on the home we bought new ten years ago. They have come up with one or two suggestions with whom we could use for a new policy. One is over $1k above our current policy, which they recommend, and the other has about the same premium.

Question: if you have had your policy discontinued, with what insurance company did you end up going with?

[kkingston57]

I like probably many others have been informed that your current policy will not be renewed.
The Villages Insurance is whom we went to to get our current policy on the home we bought new ten years ago. They have come up with one or two suggestions with whom we could use for a new policy. One is over $1k above our current policy, which they recommend, and the other has about the same premium.

Question: if you have had your policy discontinued, with what insurance company did you end up going with?

Have not had this problem YET. This problem is going to continue and will be getting worse. I did check with State Farm. They will not insure anything over 20+/- years old, regardless of construction quality. Villages Insurance is an agent and I would stick with their recommendations.

[villagetinker]

If you or your financial advisor has access to A.M. Best, have them check out the insurance company, then you can make an informed decision, policy cost may not be the best way to choose similar polices you need to consider the stability of the insurance company.

[badkarma318]

A number of home insurance companies have been approved to enter the Florida market, so hopefully they will bring some relief (and lower rates).

[Nevinator]

I have a new home here, so I haven’t faced the issue of non-renewal; however, when I was shopping for insurance prior to closing, I faced similar issues with certain companies not writing policies here, or that had a less than stellar AM Best rating.

I was pleased to find out that USAA would write a policy here and the premium was just slightly more than some B rated companies.

I also found that some of the companies that were recommended by The Villages insurance were not A. M. Best rated at all; they were rated by Demotech whom I’d never heard of before. Not suggesting that they’re bad companies, I just couldn’t find out enough about their solvency to make me feel comfortable about purchasing a policy.

At the end of the day I went with USAA. They buttoned things up nicely with Home, Auto, Golf Cart and an umbrella policy.

[arbajeda]

We were not renewed by Progressive and went to State Farm, transferring home, auto, golf cart, and umbrella. The new premium total came out to less than what we had been paying. Your results may be different because of things like credit score and whatever else the insurance company uses in calculating the premium.

[motherflippinpicker]

I like probably many others have been informed that your current policy will not be renewed.
The Villages Insurance is whom we went to to get our current policy on the home we bought new ten years ago. They have come up with one or two suggestions with whom we could use for a new policy. One is over $1k above our current policy, which they recommend, and the other has about the same premium.

Question: if you have had your policy discontinued, with what insurance company did you end up going with?

Hi. We were looking at buying a preexisting home in TV and this agency had the best insurance quotes.

Linda@preferredinsurance.llc

If you send her an email, she will be able to quote you. After reading these kinds of posts, we've decided to buy new construction. The insurance market should right itself soon since several new companies have entered the FL market. There's a new company called Slide and they had very low rates; however, no track record on handling claims. Good luck in your search.

[Rwirish]

That would be a no regarding rates.

[Rwirish]

Poor communication from The Villages Insurance. Took my business elsewhere.

[rsmurano]

Every year I call several people to get a quote for all of our insurance needs. Usaa, AAA, State Farm and the villages group. TV insurance was the cheapest by a few hundred $$, with reputable companies. As I remember, USAA does not write their own home insurance, they partner with somebody.

[Nevinator]

Every year I call several people to get a quote for all of our insurance needs. Usaa, AAA, State Farm and the villages group. TV insurance was the cheapest by a few hundred $$, with reputable companies. As I remember, USAA does not write their own home insurance, they partner with somebody.

That may have been true in the past - not sure. I can attest that my policy is written by USAA, not an affiliate.

[Travelhunter123]

Try Allstate for better sinkhole and hurricane coverage

[mikeltry]

Not true USAA still writes their own policies in certain Florida counties. Having been a USAA member for over 45 years. What I like about USAA they send you a nice check at the end of the year.

[Janie123]

I like probably many others have been informed that your current policy will not be renewed.
The Villages Insurance is whom we went to to get our current policy on the home we bought new ten years ago. They have come up with one or two suggestions with whom we could use for a new policy. One is over $1k above our current policy, which they recommend, and the other has about the same premium.

Question: if you have had your policy discontinued, with what insurance company did you end up going with?
I use an insurance broker all the time. Here in FL I am using

INS SERVICES OF CENTRAL FLORIDA INC
PO BOX 952764 LAKE MARY, FL 32795
(941) 722-6086
INFO@ISCF.BIZ

Sarah moved me multiple times as situations changed. They worked directly with my Colorado company when I have homes and cars still there plus a home and car here in TV. Saved me $1000s annually.

Tell her Bryan in TV recommend her…

[MandoMan]

I like probably many others have been informed that your current policy will not be renewed.
The Villages Insurance is whom we went to to get our current policy on the home we bought new ten years ago. They have come up with one or two suggestions with whom we could use for a new policy. One is over $1k above our current policy, which they recommend, and the other has about the same premium.

Question: if you have had your policy discontinued, with what insurance company did you end up going with?

I’ve used Jessica Pendry, letting her make the choice for me. She’s good.

[BOWRUNNER]

I like probably many others have been informed that your current policy will not be renewed.
The Villages Insurance is whom we went to to get our current policy on the home we bought new ten years ago. They have come up with one or two suggestions with whom we could use for a new policy. One is over $1k above our current policy, which they recommend, and the other has about the same premium.

Question: if you have had your policy discontinued, with what insurance company did you end up going with? Kin Insurance

[True Blue]

Not true USAA still writes their own policies in certain Florida counties. Having been a USAA member for over 45 years. What I like about USAA they send you a nice check at the end of the year.

What does USAA write you a check for on your insurance at year end? We have USAA and have never received a check at year end.

[Desiderata]

Poor communication from The Villages Insurance. Took my business elsewhere.

I had the same experience with The Village’s Insurance. Very slow response time, and that was when I wanted to purchase a policy. Makes me wonder what the response time would be if I needed to make a claim.

[sowilts]

I like probably many others have been informed that your current policy will not be renewed.
The Villages Insurance is whom we went to to get our current policy on the home we bought new ten years ago. They have come up with one or two suggestions with whom we could use for a new policy. One is over $1k above our current policy, which they recommend, and the other has about the same premium.

Question: if you have had your policy discontinued, with what insurance company did you end up going with?
USAA is fantastic. Ours is lower because of the roof and block construction. Agent was well aware of the home construction.

[MikeN]

How ridiculous is it that the Villages won’t continue with your insurance policy. Just another failure for TV

[jacksonla]

I use an insurance broker all the time. Here in FL I am using

INS SERVICES OF CENTRAL FLORIDA INC
PO BOX 952764 LAKE MARY, FL 32795
(941) 722-6086
INFO@ISCF.BIZ

Sarah moved me multiple times as situations changed. They worked directly with my Colorado company when I have homes and cars still there plus a home and car here in TV. Saved me $1000s annually.

Tell her Bryan in TV recommend her…

Interesting......I'll look into this, thanks for sharing

[blueleaderone]

I switch to KIN Ins. After rated doubled I found Kin at less than last year's price.

[retiredguy123]

How ridiculous is it that the Villages won’t continue with your insurance policy. Just another failure for TV
The Villages Insurance is not an insurance company. It is a broker for multiple insurance companies. I have Progessive insurance through The Villages Insurance, but if Progressive cancels my policy, there is nothing The Villages Insurance can do about it.

[Spartan86]

I had the same experience with The Village’s Insurance. Very slow response time, and that was when I wanted to purchase a policy. Makes me wonder what the response time would be if I needed to make a claim.
I agree that communication can be slow. As to a claim, I would be filling through my underwriter not TV insurance and would likely not communicate with them at all. The same has been true for me through the years with auto claims etc - my local agent was not really involved at all.

[RickyLee]

I switch to KIN Ins. After rated doubled I found Kin at less than last year's price.

I did the same thing,..., wait till Year two 😡

[jrref]

My homeowners with progressive was renewed with $280 increase. $190 due to the state increase allowed and the rest to increase the coverage of the dwelling about $30k. But, now we have a deductible on our roof. No more full replacement unless from a hurricane or other major loss which also has a deductible. You only have one 2% deductible, roof or hurricane besides the regular $2,500 deductible. So at the end of the day I’m not happy, and I would have rather a prorated deductible but it’s probably what we need to manage all the roofing fraud. My cost is $1400 for a 2600 sq ft home circa 2016. You can opt out of the roof deductible but then you pay a crazy higher rate.

[bobmarc]

What does USAA write you a check for on your insurance at year end? We have USAA and have never received a check at year end.

I am waiting to hear this answer too. I have USAA and never received a check either.

[defrey12]

That may have been true in the past - not sure. I can attest that my policy is written by USAA, not an affiliate.

Ours as well…2/2 CYV is < $1200/yr

[tophcfa]

This is an important and good thread that I have bookmarked and will be referencing later this year. Keep the information coming. We have already been notified by Farmers that our policy won’t be renewed this fall and I’m not looking forward to having to find a new provider at a reasonable rate. Our home is over 20 years old, but has a two month old roof and is in excellent overall condition. I dumped The Villages Insurance several years ago because of their very poor and slow communication and inability to find us competitive rates relative to an outside agency. My wife and I have owned six homes during our lives and have collectively filed a grand total of ZERO homeowners claims, but that doesn’t seem to work in our favor. I would be willing to consider signing a waiver prohibiting us from litigation for a new roof in exchange for a more reasonable rate if that’s what necessary. I would be very interested in feedback from others who have explored that option?

[thelegges]

This is an important and good thread that I have bookmarked and will be referencing later this year. Keep the information coming. We have already been notified by Farmers that our policy won’t be renewed this fall and I’m not looking forward to having to find a new provider at a reasonable rate. Our home is over 20 years old, but has a two month old roof and is in excellent overall condition. I dumped The Villages Insurance several years ago because of their very poor and slow communication and inability to find us competitive rates relative to an outside agency. My wife and I have owned six homes during our lives and have collectively filed a grand total of ZERO homeowners claims, but that doesn’t seem to work in our favor. I would be willing to consider signing a waiver prohibiting us from litigation for a new roof in exchange for a more reasonable rate if that’s what necessary. I would be very interested in feedback from others who have explored that option?

I started getting quotes 4 months before renewals. Took 3 weeks for one company to get a quote, and 2 weeks for the others.

Then one canceled out quote after drone inspection. No reason given.

One was $3,000 more than any other quote due to pool/cage, not for liability but they just don’t do many pools. Pool part of quote was $2,500.

Kin came in $600 less than current policy, for apples to apples. Next year increase was double.

So using a broker this year and will be starting 4 months early again. We renew in February so, search starts in November

[Spartan86]

This is an important and good thread that I have bookmarked and will be referencing later this year. Keep the information coming. We have already been notified by Farmers that our policy won’t be renewed this fall and I’m not looking forward to having to find a new provider at a reasonable rate. Our home is over 20 years old, but has a two month old roof and is in excellent overall condition. I dumped The Villages Insurance several years ago because of their very poor and slow communication and inability to find us competitive rates relative to an outside agency. My wife and I have owned six homes during our lives and have collectively filed a grand total of ZERO homeowners claims, but that doesn’t seem to work in our favor. I would be willing to consider signing a waiver prohibiting us from litigation for a new roof in exchange for a more reasonable rate if that’s what necessary. I would be very interested in feedback from others who have explored that option?

Your new roof should bode well for you IMO. But, if you don’t already, I would try to get written confirmation of the materials and processes used on the new roof - my assumption is it is up to the 2020 standard, but you may possibly be asked to prove it through documentation, inspector report etc.

[sowilts]

What does USAA write you a check for on your insurance at year end? We have USAA and have never received a check at year end.
It is the dividend. I have received one for a long time

[Salty Dog]

I've been getting a check (actually deposit to my checking account) from USAA for nearly 50 years. As long as I've had insurance of some sort with them. They call it a Subscriber's Savings Account. When I didn't have car or home insurance with them for a few years. They sent me a check for over 3k. It was the balance of the account that had built up for about 30 years. Most was auto insurance while on active duty.

[MSGirl]

How ridiculous is it that the Villages won’t continue with your insurance policy. Just another failure for TV

You must be confused. You seem to refer to “The Villages” as if they do all the insuring. The Villages Insurance is a brokerage and like all brokerage firms, they shop major insurance companies for the best rates.

[Just jimmy]

We were not renewed by Progressive and went to State Farm, transferring home, auto, golf cart, and umbrella. The new premium total came out to less than what we had been paying. Your results may be different because of things like credit score and whatever else the insurance company uses in calculating the premium.

We called State Farm. If our roof was put on after 2020 they wouldn’t talk to us. Our home is 2017.

[retiredguy123]

We called State Farm. If our roof was put on after 2020 they wouldn’t talk to us. Our home is 2017.
Do you mean before 2020?

[mrf0151]

I had the same experience with The Village’s Insurance. Very slow response time, and that was when I wanted to purchase a policy. Makes me wonder what the response time would be if I needed to make a claim.
We had excellent service with The Villages insurance brokers, but something happened about 4 years ago. All of the sudden their communication with returning emails and phone calls became very poor. We would leave a message and it took several days for a response.
Went with Lassiter-Ware and are working with Gina Rush, excellent.

[JGibson]

TV insurance doesn't work with all insurance companies like Geico for example.

I wouldn't rely on them only.

[Gatorfan1]

TV insurance doesn't work with all insurance companies like Geico for example.

I wouldn't rely on them only.

They will shop over 10 Homeowner companies for best premium. They also can write Fire, wind and hail policies. No obligation. Local, longtime hometown agency. 352-245-2423

[nn0wheremann]

I like probably many others have been informed that your current policy will not be renewed.
The Villages Insurance is whom we went to to get our current policy on the home we bought new ten years ago. They have come up with one or two suggestions with whom we could use for a new policy. One is over $1k above our current policy, which they recommend, and the other has about the same premium.

Question: if you have had your policy discontinued, with what insurance company did you end up going with?
Allstate agent in Hollywood Florida represents Tower Hill Insurance Exchange, a Gainesville company with a very good rating from Better Business Bureau. Premium increase was about 60% higher than Farmers.

[retiredguy123]

It is the dividend. I have received one for a long time
Then, why is it that some posters say that they don't receive a check?

[Shipping up to Boston]

We had excellent service with The Villages insurance brokers, but something happened about 4 years ago. All of the sudden their communication with returning emails and phone calls became very poor. We would leave a message and it took several days for a response.
Went with Lassiter-Ware and are working with Gina Rush, excellent.

Hmmm
Four years ago....so around 5/2020. A lot of things we knew, expected and were used to...changed, forever it seems in that timeline. Cant put my finger on the cause tho! ;)

[charlieo1126@gmail.com]

In the last few months every time I would read one of these insurance threads I was preparing for a large raise or worse being cancelled the people on here claiming they can’t get insurance on a 3 year old home or they hav been raised thousands of dollars , doesn’t seem to compare what I and many of my friends are paying mine went up in April about $130 this is a 10 year old home ,(state farm) I wonder if some people have some kind of agenda or just not telling the truth , or if I and my friends have just been lucky

[Brendanyc]

We called State Farm. If our roof was put on after 2020 they wouldn’t talk to us. Our home is 2017.
I have a 2012 home original roof that I purchased in August. I tried the Villages Insurance and they quoted me 1000 higher than State Farm. I bundled my car and the home together and saved $1000. I am not sure why State Farm is giving you a hard time.

[Spartan86]

I have a 2012 home original roof that I purchased in August. I tried the Villages Insurance and they quoted me 1000 higher than State Farm. I bundled my car and the home together and saved $1000. I am not sure why State Farm is giving you a hard time.
I think SF changed their policy just recently, April 1st? You got in before that.

[Will.S]

Are policies not being renewed caused by age of home, or Insurance company leaving Florida.

[Gatorfan1]

I like probably many others have been informed that your current policy will not be renewed.
The Villages Insurance is whom we went to to get our current policy on the home we bought new ten years ago. They have come up with one or two suggestions with whom we could use for a new policy. One is over $1k above our current policy, which they recommend, and the other has about the same premium.

Question: if you have had your policy discontinued, with what insurance company did you end up going with?

Call 352-245-2423. They will shop over 10 companies to get you best premium for coverage you want.

[EdFNJ]

I did the same thing,..., wait till Year two 😡My insurance has doubled in the last 2 years, We ahve a wood frame 2/2 and it Went from under $900 to $1400 last year and this year as of July 1, I am billed almost $1900. KIN quoted about $400 more and that was without (basic) sinkhole that Travelers gives. Be REAL careful getting quotes that you are getting EXACTLY what you had before. KIN not only didn't include full roof coverage (it was depreciated by age) in their quote full coverage was extra cost, but was missing a number of riders I currently have listed. Also Progressive was almost $1400 more. Last year Allstate was almost DOUBLE. Didn't bother checking them yet this year. Also have to remember home values have increased a LOT over the last years so that also leads to higher rates.

MOST important thing is to be sure you are quoting apples to apples. Lots of things get left out to lower price. If you are aware of that it's fine but often they just quote a price without total details

[Gatorfan1]

My insurance has doubled in the last 2 years, We ahve a wood frame 2/2 and it Went from under $900 to $1400 last year and this year as of July 1, I am billed almost $1900. KIN quoted about $400 more and that was without (basic) sinkhole that Travelers gives. Be REAL careful getting quotes that you are getting EXACTLY what you had before. KIN not only didn't include full roof coverage (it was depreciated by age) in their quote full coverage was extra cost, but was missing a number of riders I currently have listed. Also Progressive was almost $1400 more. Last year Allstate was almost DOUBLE. Didn't bother checking them yet this year. Also have to remember home values have increased a LOT over the last years so that also leads to higher rates.

MOST important thing is to be sure you are quoting apples to apples. Lots of things get left out to lower price. If you are aware of that it's fine but often they just quote a price without total details

Every homeowners policy in Florida by state law has Catastrophic ground collapse included in homeowners policy. Sinkhole is an endorsement that an additional premium is charged.

https://www.myfloridacfo.com/docs-sf/consumer-services-libraries/consumerservices-documents/understanding-coverage/consumer-guides/english---sinkholes-and-catastrophic-ground-cover-collapse-guide.pdf?sfvrsn=a4c83969_4

[kkingston57]

Are policies not being renewed caused by age of home, or Insurance company leaving Florida.

Both and hurricane potentialities and laws which allow attorneys/public adjusters to inflate claims and I am not referring to inflation.

[walterray1]

I like probably many others have been informed that your current policy will not be renewed.
The Villages Insurance is whom we went to to get our current policy on the home we bought new ten years ago. They have come up with one or two suggestions with whom we could use for a new policy. One is over $1k above our current policy, which they recommend, and the other has about the same premium.

Question: if you have had your policy discontinued, with what insurance company did you end up going with?

We received an unsolicited mailing from O'Quinn Insurance Services out of Ormond Beach regarding homeowners renewal policy. It stated some coverage numbers and estimated annual premium cost and invitation to call for free, no obligation quote. Has anyone heard of or have had experience with this company?

[Shipping up to Boston]

Both and hurricane potentialities and laws which allow attorneys/public adjusters to inflate claims and I am not referring to inflation.

I understand what you’re saying.....but inflation is definitely a byproduct of your post as post pandemic construction materials have multiplied. Has to be factored in

[Rainger99]

This is for auto insurance - not home insurance. I can't see prices coming down ever!! The insurance companies lost $54 billion on auto insurance in the past three years! Perhaps it is those roundabouts!! It appears that the underwriting departments are not doing a great job!

In 2021, insurers’ personal auto businesses started recording losses. According to David Blades, an analyst for AM Best, the industry lost $4 billion in 2021, $33 billion in 2022 and roughly $17 billion last year.

[Shipping up to Boston]

This is a good watch on YouTube....on FL insurance....

Insurance Wars - Noble Public Adjusting Group (https://www.noblepagroup.com/insurance-wars/)

[ithos]

This is a good watch on YouTube....on FL insurance....

Insurance Wars - Noble Public Adjusting Group (https://www.noblepagroup.com/insurance-wars/)

There war is not just with insurance companies but with the majority of policy holders who have never made claims but will have to pay for their lawsuits through increased premiums.

#free roofs

[Dave5]

We had USAA in NJ and they refused to pay a legitimate claim. Insurance is only as good as the company I guess.

[daniel200]

Florida is one of the states that allows your credit score to be used by insurance companies when writing homeowners insurance policies.

If you currently have your credit score frozen, then you should consider removing the credit freeze during the time you are looking for new policies.

[CoachKandSportsguy]

This is for auto insurance - not home insurance. I can't see prices coming down ever!! The insurance companies lost $54 billion on auto insurance in the past three years! Perhaps it is those roundabouts!! It appears that the underwriting departments are not doing a great job!

In 2021, insurers’ personal auto businesses started recording losses. According to David Blades, an analyst for AM Best, the industry lost $4 billion in 2021, $33 billion in 2022 and roughly $17 billion last year.

distracted driving resulted in the majority of the increase.
since they had to increase rates through the state insurance regulator, it took time to get the rates lifted to now account for the general populations' obsession with phone fomo and driving directions, especially in a new place.

when driving your car with WAZE/GOOGLE MAPS in a new place by yourself, how many times and how long are you looking at your phone for directions?

Ever come across a really slow driver? check out his/her reading their cell phone because they just can't give it up. .

stupid hoomans

[tophcfa]

distracted driving resulted in the majority of the increase.
since they had to increase rates through the state insurance regulator, it took time to get the rates lifted to now account for the general populations' obsession with phone fomo and driving directions, especially in a new place.

when driving your car with WAZE/GOOGLE MAPS in a new place by yourself, how many times and how long are you looking at your phone for directions?

Ever come across a really slow driver? check out his/her reading their cell phone because they just can't give it up. .

stupid hoomans

There’s definitely that, and then there are all of these sensors in newer vehicles that are supposed to make the roads safer and save money. They have had the opposite effect, many drivers over rely on sensors rather than focusing on their own driving skills. Then there is the astronomical repair costs associated with all the sensors. A friend who owns an auto body repair business told me that when an older car gets rear ended it typically costs him about a grand to replace the bumper. A newer car typically costs him over 5 grand for the same replacement, including all the sensors and wiring. The extreme example are the very expensive Teslas. With only relatively minor accidents the insurance companies frequently consider them totaled because of the excessive repair costs.