Homeowners ins.
 

WOW.... I've had Amer. Integrity for my HO's Ins. for several years.. in 2020 the yearly premium was $675 .. in 2021 it went up to $1050 just received my 2022 premium now up to $1750 .. I have a 20 yr old Amarillo with a 4yr old roof .. time to shop around again

Try Kin insurance, they seem to have pretty good rates, go here for a free estimate : http://ref.kin.com/michael486

I have had Progressive with The Villages insurance for 6 years and have never had a large increase.

Perhaps a substantial portion of the increases are due to rising house values. Are most of these policies "replacement cost" ?

the increases are due to all the houses getting "free roofs" due to all the "storm damage" they have. the damage is questionable because the insurance company gives in because it's costs them more to fight it. it's fraud. I lived 3 miles from the Gulf of Mexico and we had real storms and I never saw this happening. unfortunately, those of us who choose not to do this are facing cancellations due to the age of our roofs or exorbitant raises in premiums. it's particularly galling because these people getting "free roofs" can very well afford to replace their roofs but somehow think because they've paid premiums all these years they are entitled to it.

They are saying they don’t want your business. Shop around

Call Kin., had progressive thru Villages for 16 years, 21 yr. Ceramic tile roof (50 to 80 year roof), they wanted us to replace, went with Kin. no need for replacement, better coverage AND saved $200. 855-436-0868

Anyone who considers "KIN" insurance just make sure the quote you are getting is not for "depreciated value" rather than "replacement value" (unless that is what you actually want) for any possible future roof replacement. They kinda "slipped that in" to my quote which started off a lot cheaper than my current provider but when put back to full replacement value was about $12 less than what I am currently paying for a 2/2 Colony and so far minimal increases over the last 2 renewals (under $25 each) which of course could change this July. Bottom line is make 100% sure you are getting "apples to apples" quotes for ANY AND ALL COVERAGES from any company you check not "apples to kumquat" quotes. The online quotes likely may not be the coverage you currently have assuming of course you want the same coverage. People just throw numbers around here in these endless insurance rate quote topics and unless you know exactly what coverages are being quoted it means nothing.

Kin wants me to call to get a quote. So much for easy online

I was told Progressive does not issue sinkhole coverage by TV Ins

Not true. I have sinkhole coverage with Progressive.

A little off of the subject, but people need to think very hard about increasing limits on their policies.

Currently we are in Colorado and there have been a lot of news coverage about the wildfire in Boulder. Over 90% of the houses that burned down were under insured, some were as high as 50% under insured.

I have Kin Insurance. Try them

Are insurance went up also..checked into Kin,then another quote with Farmers ,went with Farmers ,it was five hundred dollars cheaper with more additional coverage. Had a wind mitigation done which brought it down substantially.

home and auto insurance
 

[QUTOTE=ureout;2066343]WOW.... I've had Amer. Integrity for my HO's Ins. for several years.. in 2020 the yearly premium was $675 .. in 2021 it went up to $1050 just received my 2022 premium now up to $1750 .. I have a 20 yr old Amarillo with a 4yr old roof .. time to shop around again[/QUOTE]



Try Farmers insurance they are local in Leesburg, i combined my auto and home insurance and it saved me over $500 bucks.
doesnt cost anything to get a quote .

Yep American Integrity is pricing themselves out of the market , we left them and went with Farmers, great coverage and rate without roof mitigation fees.

Do yourself a favor and use a reputable insurance broker. They are not owned by ONE insurance company. They shop and compare for you, to get you the best out there for your money. Lassiter-Ware Insurance Brokers are excellent. Gina helped me. First class.

Commerical & Personal Insurance - LassiterWare

We, too, had our roof replaced last year. As it was 14 years old we didn’t even approach our insurance company as we knew it was wear and tear and not a storm doing the damage. Several of our neighbors had their roofs replaced and most of them were completely paid for by insurance. I don’t understand how one can get full replacement cost on a 14 year old house. I worked at insurance agency in IL and things like that were usually prorated. Luckily our insurance rates have held steady but I can see why the rates are going up with the payouts insurance companies are making.

So do I...
:ohdear::ohdear:

Lassiter-Ware has told me they are currently shopping "writers", and will get back with me by 3/11/22. 11 yrs. with Tower and they are dropping me 5/11/22. L-W says they will make me replace roof, hot water heater and HVAC. At least $20K......!!!

Kin ins
 

Kin charges me HALF of what my ins company raised rates to. Exact same coverage.

So do we...

that is CHEAP.... I have same ins. and its 2500....

That's becasue their coverage includes catastrophic sinkhole damage which is probably what you are going to get. You would have to pay for any other small sink hole damage.

All insurance companies should be checked for their financial stability and integrity. I had Allstate for all of my policies in NY and the homeowner's policy was a subsidiary of Allstate that I found out was in precarious financial shape. My Alllstate agent never advised me of this. Gave them the boot. Now I have State Farm and it is one of most financially secure companies.

I'm in the same boat. Went from less than a grand to about $1500 last year. Said it was due to "Irma". Right. Never heard of "Kin". Can you (or anyone) provide more details re this ins outfit. Many thanks! OldWidowLadyfromMaine

All homeowners policies in Florida are required by law to cover damage from "Catastrophic Ground Collapse". "Sinkhole" coverage is an additional optional type of coverage that not all companies offer for all houses. It's complicated, but the basic difference is that, without sinkhole coverage, your house needs to be condemned for occupancy in order to collect on the policy. I have Progressive insurance through The Villages Insurance, and it does cover sinkhole damage. But, they may not offer sinkhole coverage for all houses.

We bought in The Villages last July and I shopped around with all the carriers plus The Villages Insurance. We had State Farm back in Iowa but they were much higher than everyone else I got a quote from. We went with Farmers Insurance with the agent out of Wildwood. Great coverage and the best rate!! House, car & golf cart!

The link you posted is not valid.

Kin would not quote without a phone call. Ended application and now get calls every few hours. Annoying

Home Owners Insurance
 

I am in about the same boat as you. I shopped around . I am a showbird so some companies do not want me(Framers). My best rate was from The Villages Insurance(Florida Family) at $500 less then AI . Allstate had a good rate if you added auto insurance but my autos are insured in Pennsylvania which has much lower auto insurance. Most other apple to apple comparisons came in near the AI rate. Good luck.

Yes policy is for the replacement cost but the policy does have a limit You need to make sure that your house is insured for the amount that it would cost to replace the home. At todays construction cost that amount will probably be more than 20% above replacement cost in 2020. Rising house values are a different matter and considers the land value. Land value is not a factor in determining the replacement cost of the home.

Caveat. I was in the insurance business.

Yes, free roofs and the rest of us pay for it. My bitch is that those of us with metal roofs are paying for your shingle roofs. My agent snapped at me -- I have a 50 year roof, he says replace it at 20 years old and we'll drop your premium by $500. What a racket.
Insurance companies need to make the shingle roof policy holders pay for this, not the rest of us.

We shopped around a couple years ago and switched to Farmers also. Stay tuned for the bait and switch, after a couple years the premiums will be jacked right back up to the levels that caused you to switch carriers.

shop around. I bundled the auto and house with Triple A and found them to be apples to apples the better deal

good luck

Villages insurance cut my premium one third with another carrier. Very satisfied. Tell them on renewal to shop for you. Apparently they have many doing this

Blame Florida Politicians
 

This has been an ongoing problem that should have been FIXED by the Florida politicians.

:ohdear::ohdear::ohdear:

Understand your frustration. I was in the insurance business and basic concept of insurance is a sharing of the risk. There are too many variables between houses In Florida and everywhere else especially quality of construction and materials. IF you ever have a claim on your metal roof, it will cost 2x(on average) more than an asphalt shingle roof. This is less likely to occur but can happen(such as a fire). In South Florida many homeowners who have a well constructed home have opted to self insure their home for hurricanes due to high premiums and high deductibles(some policies have a 10% wind deductible).

Odds of getting this fixed are less than winning the lottery.