Just wait until your roof approaches 15 years old!

I thought that already passed early this year? Yay, DeSantis!

Very helpful reply.

Mid-range
 

I do not know what your circumstances are but sounds like you need to check other companies. In a general review I found Florida no where near the top of the national average, in fact right in the middle. It was the same for various home values ranging from $200k to $500k.

The legislature needs to continue cracking down on fraudulent roof claims. There is no such thing as a free roof and now your neighbors are paying for the fraud many Villagers committed

1183 yearly on a Designer Home. Home price has doubled in 3 years. Insurance has remained constant. When I moved into the home the agent said it was a great price because on block walls and the design of the roof. That was fine with me. ������

Where is the money?
 

What happens to all the money they collect when there are no storms. They have one storm and all of a sudden, they have to raise all our rates? At times they don't have storms for years and years and still collect money every year?.....where does all this money go?

is still less than we paid in Ct.

By state.

The solution is simple.

Force insurers to offer depreciated value insurance. You don't expect State Farm to give you a new car if gets hailed on; why do you expect them to buy you a new roof for the same reason? But try asking them to write a policy that doesn't cover your roof (and everything else) at full replacement value. It's not allowed in Florida.

I never had full replacement value on my roof in Texas or Oklahoma. A tornado took off half my roof in Tulsa one time. Allstate replaced half my roof.

My house in Houston was the same size as my current house, except it had big wrap-around porches and two barns on the property. I went through three hurricanes and two floods in that house. During Harvey, it rained 36 inches in 48 hours, and even though I was not in a flood plain, I had flood waters lapping at the foundations, and was trapped in the house for a week.

That brick/frame house in Houston had a 20-year-old roof, and was not built to any hurricane standard. It was the same age as my current home. It was exactly the same distance from the ocean as my current house. And yet the cost to insure my Texas house AND TWO BARNS was HALF what I pay in the Villages to insure a concrete house with steel studs designed to withstand 110 mile winds, with a 3-year-old architectural shingle roof -- that has NEVER experienced a single hurricane or other threatening weather. Why? Because in Florida, I'm required to buy "full replacement cost" insurance that I don't need or want.

Well, that, and the fact that practically everyone I've met since I moved there (including the previous owner of my own house!) have used their "full replacement cost" insurance policies to scam their insurance company out of a new roof!

Just received our annual homeowners premium notice from USAA for our Patio Villa. Increase from $600 to $700 a year. We were expecting an increase, but this is not terrible.

The insurance companies the public deals with lay off the highest part of the risk with reinsurance companies. These premiums are paid every year. If there are no bad storms then the reserves at the reinsurance companies build up so that, in years that there are bad storms, they have sufficient assets to pay out on the reinsurance, so the company through which you are insured has the funds to pay for your damage,

My insurance is low
 

My insurance isn’t that high. Sumter county has one of the cheapest rates in the state. Don’t look at(all of Florida), look at where the Villages are. That is the rate you pay here. It’s much different in cost compared to the costal towns and communities.

I have Progressive homeowners insurance. Last year it was $2,682.00 if paid in full. (NOW GET READY FOR THIS!) This year the bill just came in and it is $6,981.00 if paid in full. It cost more if you pay in payments. That's a big jump in price. My agent said that Progressive is trying to outbid themselves to get out of selling homeowners insurance. So far, she has found an insurance company that is a little less than $400 more than what I paid last year for the same coverage.

Stop permitting houses to be built near or on the water or in the areas that historically have been known to flood how about that for a start.