[rjn5656]

Villages Insurance is not owned by the Developer. They sold it to a larger broker a few years back.

[rrtjp]

Originally Posted by bsloan1960

Link to story: Florida’s homeowner’s insurance crisis hits The Villages – WFTV

I just spotted this. Is anyone being affected by this / have ideas get affordable insurance?

Hasn’t affected us. We are with Allstate, bundled home, cars and golf cart.

[RICH1]

Originally Posted by Babubhat

No issues here. More clickbait

Mine jumped 800.00….2400.00 for a Ranch bungalow I’m blaming all the people that smoked the insurance companies for New Roofs

[Glorantha]

Originally Posted by tonyt57

No body scammed anybody. If one doesn’t need a new roof, the insurance adjuster and the insurance co can deny the claim.I actually had an adjuster soliciting roof work. When I called my insurance co they were fine with that, no conflict! The insurance co won’t lose, they raise your rates , the roofers are happpy, and the shingle manufacturers are happy that nobody is asking why a 30 year shingle needs replacing in 10 or 15 years

People with mortgages generally have replacement value through their home insurance.

I recently moved from Virginia. About 4 years ago I spoke with a neighbor who was having his roof replaced. He told me the insurance was covering it because of the hail storm we had 3 months prior. He pointed to a half dozen other roofs in the immediate neighborhood scheduled to get a new roof due to the storm. My house, which was one of the newer ones, was over 20yo and could use a refresh before I put it up for sale in few years. A few spots of hail damage was found, so the insurance replaced my roof. Soon, all the neighbors were having their roofs inspected.

I know this was the coverage I had paid for, but it did seem to good to be true for 2+ doz homes, all 20+ years old getting new roofs.

On a funny note, my friend across the street’s insurance company couldn’t find any damage on his house even though every house, two deep, around him had a roof replaced.

[Laker14]

Originally Posted by RICH1

Mine jumped 800.00….2400.00 for a Ranch bungalow I’m blaming all the people that smoked the insurance companies for New Roofs

I'm sure the roof fiasco is partly to blame. It's a tough call when someone offers you a way to have someone else pay for a 17K roof replacement, when you know if you don't take the bait, you'll pay the 17K for your own roof, AND get nailed with a big insurance increase to pay for all of the "free" roofs other people got.

However, there are other factors. The cost of building supplies has "gone through the roof" over the last few years. That has to have an effect on the premium as well.

[Rzepecki]

You all need to remember this roof thing didn’t start with roofers and it didn’t start with homeowners - - - it start with insurance companies raising your rates because your roof was 10 years old. I’ve never heard of such a thing. My 25-30 year roof was decreed only good for 10 years by the insurance company. The insurance companies started this scam to make more money off of homeowners and they got caught. Did they think we wouldn’t have our roofs checked?!

[Travelhunter123]

Originally Posted by rrtjp

Hasn’t affected us. We are with Allstate, bundled home, cars and golf cart.

Me too! Allstate has excellent hurricane and sinkhole insurance😊

[Joe C.]

If you have a car accident and make a claim, your premium the following year goes up. Everybody else's insurance doesn't go up because of your accident.
Should be the same for homeowner insurance. You put in a claim for home damage, your premium goes up. Mine shouldn't.

Easy peasy.

[RickyLee]

Originally Posted by Bobbyn

I switched to Kin Ins. Did it all on the internet and spoke to a Representative on the phone. Kin saved me $800 over Progressive
They were great.

We also switched to KIN & saved over 500 a year. I have not had a claim, ( with kin or any other for that fact), but I'm hoping that if I need them they'll be there for me! It all looks good on the internet, looks good in all the research I've done, but I guess we'll know come claim time if we ever need them?? So far, I'm as happy as I can be with KIN

[Lyn Wagner]

Check out southern oaks. I got a great rate with sink hole.

[PoolBrews]

I looked at Kin, but they don't offer sinkhole insurance.

I went with All State - sinkhole insurance is included in all of their policies.

[EdFNJ]

Also home values have increased massively so obviously if the cost to replace your home goes up so does the cost of your insurance. That plus the roof scam. BOOM

That being said our policy (Travelers Ins) went up somewhere about $60 when it was renewed in July and $40 the renewal before that. No gripes here yet. Who knows what next year will bring.

[Laker14]

Originally Posted by Joe C.

If you have a car accident and make a claim, your premium the following year goes up. Everybody else's insurance doesn't go up because of your accident.
Should be the same for homeowner insurance. You put in a claim for home damage, your premium goes up. Mine shouldn't.

Easy peasy.

Not really. It depends upon the type of claim. Fire? yes. But many homeowner's claims are caused by conditions that affect large areas at once, such as storm damage, and roof damage from sun and heat.
The fact that your neighbor had a fire may not reflect at all upon the likelihood of you having a fire. The fact that there are hundreds of claims per year in your geographical area from lightning strikes and high winds due to thunderstorms probably does reflect upon your risk.

[PJackpot]

Originally Posted by Bobbyn

I switched to Kin Ins. Did it all on the internet and spoke to a Representative on the phone. Kin saved me $800 over Progressive
They were great.

Did the same thing with Nsure. I think some people tend to over insure as well, which can also account for higher prices.

[EdFNJ]

Originally Posted by tonyt57

No body scammed anybody. If one doesn’t need a new roof, the insurance adjuster and the insurance co can deny the claim.I actually had an adjuster soliciting roof work. When I called my insurance co they were fine with that, no conflict! The insurance co won’t lose, they raise your rates , the roofers are happpy, and the shingle manufacturers are happy that nobody is asking why a 30 year shingle needs replacing in 10 or 15 years

LOL, Everyone is happy except the homeowner who pays the higher rate for all their happiness.