Talk of The Villages Florida - Rentals, Entertainment & More
Talk of The Villages Florida - Rentals, Entertainment & More
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Flood no. Given the area I live in and the landscape around I can't imagine water rising enough to enter my house.
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Flood insurance is a Federal Government subsidized insurance program for damage caused by rising water. In my opinion, flood insurance is not needed in The Villages. But, it is a good idea to get an optional rider to your homeowners insurance that will cover damage from a sewer line backup. |
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50’ and waking up would be a wish. But the sink hole insurance will be a bonus for your benefactor at the reading of your will. Then again wouldn’t that be catastrophic sinkhole on your policy
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Do not worry about things you can not change ![]() |
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With the roof scam thing driving insurers out of the Florida market, every year that passes we are happy we can still get basic homeowners at an ever increasing cost. That’s the biggest insurance related risk facing Villages residents.
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My opinion is that flood insurance requirements in The Villages would be limited. There are no major rivers in The Villages and the land is very flat. Area around local lakes may have some problems.
Sinkholes do happen around here and as I understand the issue, that most policies must have what is called Catastrophic coverage. This type of coverage is for activities that cause houses to be condemned and that is rare. The type of sinkhole coverage that is sometimes not covered or that has a high premium is basically a gradual sinking. Doors, not closing properly, cracks in walls, floors, driveways, and other gradual changes. That may also be rare, but I have seen two examples in our small area. Repairs and preventative actions can be expensive and impact home values. Hard to sell a home with this problem especially since you are obligated to disclose so you could lose a lot if not covered. So, it becomes a gamble if you don't get coverage. Probability low, consequence high. |
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Wicked Witch of the East didn’t make it when a house fell on her at ground level.
Your whole house falling on you at 25’ at any age and surviving is still a wish. ![]() ![]()
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Do not worry about things you can not change ![]() |
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