[jebartle]

Surely to goodness, Florida must have an insurer that will allow roofs older than 15 to be insured.

[Wboyce]

We were buying a home in Oct and the owners were putting on a new roof and we had trouble getting insurance even with them planning on getting the roof done they wanted it finished and a mitigation report before they would even consider. It took till the last minute to get insurance before closing.

[MX rider]

Originally Posted by jebartle

Surely to goodness, Florida must have an insurer that will allow roofs older than 15 to be insured.

Sent you a private message

[Topspinmo]

Originally Posted by jebartle

Surely to goodness, Florida must have an insurer that will allow roofs older than 15 to be insured.

Insurance is Ponzi scheme. Or like illegal mafia lottery. Lots of money in and pay little out. When they have to pay out a lot money from roofing scams then politicians are lobbied, palms gets greased, rules are put in place, and cash flow comes back with little pay out back to normal. They will use several excuses why rate going up, but anybody with conscious thought can figure it out why. You can bet on one thing insurance and taxes will NEVER go down in long run. Anybody in insurance industry will flat out tell you this isn’t true while looking at the cash flow coming in with smirk on their face.

[MrFlorida]

Some will insure beyond 15 years, but you will pay dearly for it....

[jebartle]

Originally Posted by MrFlorida

Some will insure beyond 15 years, but you will pay dearly for it....

So very true, current insurance thru TV, progressive, we have a Spanish tile roof that is thick clay, roof last 50 to 80 years, insurer wants new roof. Checked with Universal Property and Casualty, premium doubles with not a whisper of sinkhole coverage. What we should all do, self insure. We have had homeowners insurance for 50 years, not one claim!!!! Ugh!!!!!

[kkingston57]

Looks like the re-roofing industry in TV is very creative. They have been and still are soliciting in the area to get new roofs from the non-leaking roofs which had minor wind damage from a 45 MPH hurricane. Now insurance companies are requiring new roofs.

Wonder what roofers will do in 5 years, when everyone has a roof which should last 10-15 years. These roofers probably are not in the new construction business.

[Michael G.]

Insurance business was set up years ago to cover high priced claims.
Now the customers are turning claims in for $100.00 or less.
We only can blame ourselves.

Also, we are paying for national disasters everywhere

[mrf0151]

Insured with USAA last year and they did not care it was the original roof on a 17 year old home. We got our new annual premium last month and it only went up a few bucks.

[Babubhat]

Why Buffett is rich. Claims get recovered in future years through price increases. Low interest rate don’t help premium stay low

[Carla B]

I feel bad for you. It seems like the insurance industry would have different classifications for different roof types. While tile construction may be rare here, there are many tile roofs in south Florida. And they are more likely there to suffer hurricane damage because there are more hurricanes. Why can't insurers see the distinction between types of construction and longevity? Do they want you to replace tile with asphalt shingles?

[jebartle]

Checking out a few recommendations, will update next week, some promising, one premium coverage more, but cost less,hmmmm!, can it be true, would love to dump current coverage, but cautious, if it's too good to be true, it usually IS!

[ThirdOfFive]

Originally Posted by jebartle

Surely to goodness, Florida must have an insurer that will allow roofs older than 15 to be insured.

Can't say for sure, but from what we have heard it would be pretty rare. Apparently the cutoff in most cases is 10 years at most. Wind and hail can play hell with roofs down here.

We were lucky. New roof only a few months before we bought our house.

[asianthree]

Price shop every year. Out of 9 insurance companies, all would insure roof up to 15 years with no problem. 3 will continue, with a roof inspection from their rep, at 15. Our roof is 13 so have couple years.

[MX rider]

Originally Posted by asianthree

Price shop every year. Out of 9 insurance companies, all would insure roof up to 15 years with no problem. 3 will continue, with a roof inspection from their rep, at 15. Our roof is 13 so have couple years.

Our roof is 13 years old on the home we just bought and we got it insured for a very good price. They look at condition.
The realtors know the companies that don't use the 10 year rule.