[DiviAruba]

Originally Posted by rjm1cc

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.

I do not understand. I am a FL resident, and my car stays here. Why would my homeowners not pay becauswe of my car? You can not have a car registered in two different states.
I have one house and one car insured in both FL and one in MA.
Can you explain?

[MX rider]

Our home is a 2 and 2 1200 sq ft ranch in Amelia. It was built in 2009 and has the original roof.
Homeowners insurance went up from $1250 to $1500 when we renewed 2 months ago. Not bad.

We live in Indiana and are going to be snowbirds in Oct when we'll both be retired. We'll stay Indiana residents until we sell our home here in a few years.
Car insurance is much cheaper here.

[Djean1981]

Costs comparisons include a lot of factors. Massachusetts has a state income tax and high property taxes. Some things are cheaper and some things are not... Our car insurance went down $500 when we moved to Florida. Basically, shop around for all insurances to ensure you are getting the lowest possible rates.

[EdFNJ]

Another reason home insurance is going up is because home values have gone nuts. More expensive home, costlier to replace, higher insurance. We bought our (2/2) home 6 years ago and a few month ago the IDENTICAL HOME with less improvments than ours had next door to us sold for just over 2X what we paid. Not looking forward to July H.O. insurance renewal though. Always has been under $900 with maxed out coverage. July should be interesting. Auto hasn't been too bad though. 2020 Kia also with full coverage under $900 from The Hartford. Our taxes is NJ were just about $10K and here well under 2K so that covers some of the other stuff.

[EdFNJ]

Originally Posted by MX rider

Our home is a 2 and 2 1200 sq ft ranch in Amelia. It was built in 2009 and has the original roof.
Homeowners insurance went up from $1250 to $1500 when we renewed 2 months ago. Not bad.

We live in Indiana and are going to be snowbirds in Oct when we'll both be retired. We'll stay Indiana residents until we sell our home here in a few years.
Car insurance is much cheaper here.

Interesting. Also in a 2/2 in Amelia from 2009 and we are (have been) paying ~$900 from Travelers thru Villages Insurance with full (max) coverages including 10% ded sinkhole. Next renewal is in July of this year. We'lll see where it goes from there. Last July it went up by under $100. Previous (original) owners had new roof put on around 2014 under original home purchase warranty due to a recall of some sort. MANY homes here roofs were replaced in ~2014 for that recall. Maybe that made a difference.???

[blueash]

Originally Posted by DiviAruba

I do not understand. I am a FL resident, and my car stays here. Why would my homeowners not pay becauswe of my car? You can not have a car registered in two different states.
I have one house and one car insured in both FL and one in MA.
Can you explain?

If you have a car that "lives" in Florida, it must be registered and insured in Florida. It does not matter if you also have property in Massachusetts. This issue is not whether your homeowner's would pay, rather whether your auto insurance will deny coverage if you falsified the main location of your car.

Check with your insurance agent as YMMV

[mkjelenbaas]

Originally Posted by DiviAruba

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?

No - but thanks for giving me all this information about your situation??

[Rwirish]

Home and car insurance have exploded in TV like the rest of Florida.

[villageuser]

Originally Posted by DiviAruba

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?

The problem with insurance is also that now insurance companies are limiting the number of insurance policies they will allow in an area. i was thinking I would have to change insurance companies and in checking with various companies, two of the 3 I checked told me they had already met their quota at this time, and just to keep checking back each month! The third was ridiculously expensive. Thankfully my current insurance company and I reached an agreement and I didnt’ have to change policies.

I do think insurance, however, would be cheaper here, both for car and home, than in North Fort Myers. Also, getting a home that has a newer roof, and a good 4-point inspection along with a wind mitigation report, should get you a good price.

[MandoMan]

Originally Posted by wisbad1

What is wind mitigation?

1. Steel straps at each roof truss end, properly nailed, that attach trusses to top plates and studs much more securely than a couple nails. They really do help prevent roofs from being pulled off by a hurricane. They are easy to install during construction, though it costs at least $200 in materials and several hours of hard labor. Much harder to install them when insulation is in place, and may not be done adequately.

2. Correctly installed plywood or USB sheathing on top of the roof trusses and under shingles. This means that most of the sheathing nails installed with pneumatic nailers actually penetrated the trusses and that the number of nails per 4x8’ sheet is according to code. Back when Hurricane Andrew hit the Miami area, doing colossal damage, studies showed that much of the damage was due to roofs being pulled off because the trusses were just toenailed to the top plates and because many sheets of plywood roofing were secured with 4-8 nails that actually penetrated the trusses (instead of the now required every 12” in the middle of the sheet and every 6” along the edges. Properly secured roofs tended to survive.

3. Higher quality shingles (sometimes called architectural shingles) instead of cheap ones, which are easily blown off in high winds. Good ones are thicker and stick to each other better. They also cost quite a bit more, though installation cost is the same, more or less.

A wind mitigation inspection costs about $100, takes only a few minutes, and includes photos. If your house passes, it can save you $500 a year on your insurance. Money well spent. Ideally, don’t buy a house that doesn’t pass. Fixing it after the fact is expensive.

[Pugchief]

Home and car insurance went up a lot in IL on the last renewal also. Their explanation was high claims experience over the previous several periods. So it is not specific to FL.

Shop around, as premiums vary wildly. I got HO quotes for TV that were different by over $700/year for basically the same coverage.

[MandoMan]

Originally Posted by DiviAruba

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?

I’d be surprised if car insurance in The Villages isn’t cheaper than in Massachusetts. We are old, so there are plenty of fender benders and scratches, but car theft is rare. House insurance has gone up, but it’s not cheap in Massachusetts, either, especially if you factor in that people there tend to have larger and more expensive homes. Real estate/school taxes here are much less than in some states and more than in others. I have friends in New Jersey who pay four times as much per square foot for taxes as I pay.

Housing in The Villages is more expensive per square foot than houses outside The Villages within an hour’s drive that aren’t in retirement communities. However, while there are many parts of the country where decent housing is much cheaper (half or less), there are many places where a home of similar age and build quality (though perhaps larger) is much more expensive. Move here from metropolitan Boston, Chicago, Denver, New Jersey, New York, Philadelphia, Dallas, Houston, Los Angeles, and you may find the housing delightfully affordable. My dad and sisters live in Denver. A house there similar to what I have here would cost at least twice as much.

Of course, the larger the house you buy here, the more it costs, including taxes and insurance. A great many of us downsize by 50% when we move here.

[Eebnhab]

[QUOTE=DiviAruba;2211794]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?[/QUOTE

Are you planning to keep the place in Ft Meyers too? Otherwise your insurance should be lower in TV than FM since hurricane risk is lower in Central Florida.

[spktrue14]

Call the Villages insurance and speak to someone before making your decision. Find out for yourself before believing everyone else’s opinion.

[Rainger99]

Originally Posted by MandoMan

1. Steel straps at each roof truss end, properly nailed, that attach trusses to top plates and studs much more securely than a couple nails. They really do help prevent roofs from being pulled off by a hurricane. They are easy to install during construction, though it costs at least $200 in materials and several hours of hard labor. Much harder to install them when insulation is in place, and may not be done adequately.

A wind mitigation inspection costs about $100, takes only a few minutes, and includes photos. If your house passes, it can save you $500 a year on your insurance. Money well spent. Ideally, don’t buy a house that doesn’t pass. Fixing it after the fact is expensive.

Does the Villages build new homes with wind mitigation?