Can’t Afford The Villages
 

I thought I had everything figured out for moving to The Villages. I had to wait for my divorce to go through to buy a house. It went through last week and I am now rethinking if I can afford living in TV.
What is scaring me is homeowners insurance and car insurance. I have a place in MA that I can register the car, so that would make the insurance much cheaper. I am in N Ft Myers and homeowners and car insurance has jumped in price since Ian. Have the prices also gone up for insurance in TV?

If the prices of the houses in TV doesn't scare you, insurance has gone up between $300 to $1000 more a year, according to posts. Some people have had to put on a new roof, which ups the ante considerably.

Yes, home insurance rates have gone up (a lot) EVERYWHERE in Florida. Why?
1. recent hurricanes caused lots of damage, which we all pay for in our premiums
2. roof scams. we all are paying for those "free" roofs
3. inflation

Car insurance rates are based on where the car is garaged. The Villages is a bit expensive because we have a lot of careless drivers. Rates also increase as you age. Each milestone birthday means a bump in car insurance.

OP, a lot depends on the age of the house, ours is a 2013 vintage concrete block with wind mitigation on the roof, the result was a mild increase of around $300. Car insurance also depends on your selected coverage, especially deductibles, I tend to have $1000 or higher deductibles, I just got the bill, 2 cars (2012 and 2021 vintage) and it is around $1700, I have some questions and will be discussing with agent shortly.
The age of the roof on your house will have a big impact on your insurance rate, if it is approaching 15 years, you better plan on a new roof in your future (at your cost).
Hope this helps, make sure you account for all of the other expenses. Search this site, as there is another thread on the typical living expenses.

What is wind mitigation?

VT, is that $1700 for six months or a year? We were paying $146/month for two cars (2011 and 2005) with Farmers. In 2020 we sold both and bought a used 2018 Ford Explorer with all the bells & whistles, and insurance for that car alone jumped to $182/month. We said goodbye to Farmers and now have something through Allstate for low mileage use. Hard to say how much we've saved because we left shortly after switching, and the car is now in storage. But it definitely was not going to be $182/month.

in what place in Massachusetts did you find car insurance cheaper than living in villages ? A Boston guy would like to know, compared to rates my friends pay up there it feels here like I’m getting it for free ( thank you State Farm )

Per year

We have Hartford car insurance $700 year with AARP membership, also with limited usage, we use golf cart bunches, $100/yr Safeco

I have not discussed with my Agent because auto and home insurance will not be due until fall. I know it’s a fact auto insurance does go up with age. No public transit in The Villages but you do have golf carts for transportation to everywhere in The Villages and cart insurance is currently must cheaper than car insurance. Home insurance is an issue everywhere in Florida (especially on the coast). The State held a special session but little was accomplished regarding the higher rates for home insurance. Seniors on a fixed income may just have to “tighten their belts” because no relief regarding insurance rates seems to be in sight.

Best to call various insurance companies and get rates. We pretty much do this every yr or two. AAA in the Trailwinds Plaza served us well this year. Next year could be different. We just play the game.

Personally our rates have not gone up YET. Centra Florida will always(or should) be lower than areas on the coast. Do beleive that rates in you area will skyrocket up in price and people in Central Florida will go up but not as much.

If you are a resident of Fl and your car is garaged here it would not surprise me that the insurance company would not pay your claim. Your car would also have to be registered in MA.

That is my concern, the insurance and taxes.

Traveler's with a $500 deductible.