Is it possible to get Homeowners Insurance at the Villages?
 

I heard Farmers pulling out of homeowners insurance market. I checked Allstate and Progressive -- neither are writing new policies in the Villages. The one quote I got was double what I was paying in California for a much nicer house but in an area prone to earthquakes, wildfires, mudslides, and lots of crime. I always viewed TV as a safe place to live. What's going on at the Villages with regard to homeowners insurance? Is it really a gamble to self-insure when 3 years of premiums would pay for a new roof?

State Farm. Frontline. Heritage

1) My premium X 3 will not pay for a new roof.

2) My policy covers more than a roof..............so I don't understand the statement/question.

:ohdear::ohdear:

Are you sure about Progressive? How old is house?

Are you sure about Allstate?

I also would double-check Progressive, they are still writing new policieslast I heard, unless they have “underwritten” your property for some reason.

. I think you are asking what will happen if you do not buy homeowners insurance. In three years time, you will save enough money to purchase a new roof. True, maybe not. It is a risk you are willing to take. Sometimes you will win and sometimes Damn! Didn't see that coming!

Right now, the ocean is hotter than it has ever been due to this heat wave. Meteorologists have said if a storm forms, Florida is prime for a giant hit. Are you willing to bet this information is incorrect? I have lived in Florida since the eighties. Hurricane Jeanne (I believe that was the name) was as large as the state of Florida. And, it was the fourth or fifth to hit Florida in consecutive weeks. Beware warm waters!

How old is your roof?

I went to the Progressive website and put in my information. They said they are not quoting new policies based on my address (I'm in Monarch Grove). The agent at Villages Insurance confirmed that.

State Farm will not write a policy if in Sumter County and home was built before 2004 - per Connie Wise - tried to bundle with my car insurance and told no way Jose.

From what I understand, roof repairs from high winds, storms, hurricanes...seem to be the most common insurance claim, which is why I mentioned it. You didn't say what your premium is. My quote was nearly $3,000/yr. The deductible plus 3 years of those premiums will buy a lot of roof!

My premium, with Progressive, on 2 YO Veranda, (2,000 sq ft) is around 1,650 per year.

Call HH Insurance in St Pete. They were good to us. House built in 09 with original roof.
Get Instant Quotes on Florida Insurance | HH Insurance

There is a video going on YouTube that shows the afterwards of a hurricane. They say that homeowner’s insurance doesn’t cover everything, including the tear down/throw away of the house. Is this true? Seems to me you could buy insurance for this.

You need to contact an broker and let them find you insurance. Don't try this on your own. Florida has major insurance issues.