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Headline: Homeowners insurance crisis hits villages

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  #31  
Old 08-26-2022, 07:33 AM
Regor Regor is offline
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Originally Posted by RickyLee View Post
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
I switched to Kin over a year ago, good rate. This year I got my bill and it was up 150%. I called and was givin the ole run around (all the new roofs, the state is mandating the increase, etc. etc.). I now have Farmers. Same coverage $200 less that Kin was last year.
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Old 08-26-2022, 07:49 AM
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Originally Posted by RickyLee View Post
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
Be careful with KIN. "REPLACEMENT VALUE" is an option with them which they don't make obvious up front because it makes people think they are saving more that they do if something ever happens. One's 20 year old roof might get replaced with 20 years of depreciation of the replacement cost.
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Last edited by EdFNJ; 08-26-2022 at 05:59 PM. Reason: typo: changed word "room" to "roof"
  #33  
Old 08-26-2022, 07:54 AM
Sunflower33 Sunflower33 is offline
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QUOTE=bsloan1960;2129662]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?[/QUOTE]

I was effected by home and car. I had progressive and my car insurance went up 400.00 last six months now another 700 this six months. We had no tickets or accidents and drive our cars less than 5000 miles per year. Golf cart went up 200 for the year and home owners 800. So I contacted Felicia Russell with Allstate in wildwood. She packaged all my insurance and for the exact coverage my whole bill was approx 2000.00 less. So I had her write all new policies. She is professional and really cares about you. I spend two hours in her office and got what I wanted for less. If you haven’t already call her she knows her business
  #34  
Old 08-26-2022, 08:07 AM
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Ginormous Insurance Rates and Property Tax Increases add up
to For Sale signs … This place ain’t that Great
  #35  
Old 08-26-2022, 08:32 AM
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Originally Posted by Joe C. View Post
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.
If you live in an area where cars are commonly stolen, EVERYBODY pays more for insurance, even if you've not had your car stolen...
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Old 08-26-2022, 08:40 AM
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Originally Posted by Priebehouse View Post
"The Villages Insurance - 751-6622"
Dumped them a few years ago when our premiums almost doubled and they couldn’t find us any better deal. Did much better with an independent insurance agency outside the bubble.
  #37  
Old 08-26-2022, 08:48 AM
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We are very good with AARP (The Hartford), bundled car and house.
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Old 08-26-2022, 08:53 AM
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Quote:
Originally Posted by Regor View Post
I switched to Kin over a year ago, good rate. This year I got my bill and it was up 150%. I called and was givin the ole run around (all the new roofs, the state is mandating the increase, etc. etc.). I now have Farmers. Same coverage $200 less that Kin was last year.
Get ready for another bait and switch with Farmers, they did it to us. They want our 2008 installed archetuctual shingle roof, which is in very good condition, replaced. We have the money budgeted for a replacement, but not until it’s much closer to being necessary. When we do replace the roof we don’t want to have to worry about having to replace it again for the rest of our lives.
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Old 08-26-2022, 08:56 AM
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Originally Posted by rrtjp View Post
Hasn’t affected us. We are with Allstate, bundled home, cars and golf cart.
Give it a few years, from your join date of 2021 on TOTV I am guessing your roof isn’t more than a couple years old?
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Old 08-26-2022, 09:19 AM
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Originally Posted by RICH1 View Post
Ginormous Insurance Rates and Property Tax Increases add up
to For Sale signs … This place ain’t that Great
They're leaving in droves.
(But arriving in bigger droves.)
  #41  
Old 08-26-2022, 10:14 AM
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Originally Posted by PoolBrews View Post
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.
Which sinkhole insurance???, Kin and all fla. Insurance covers general sinkhole coverage.
  #42  
Old 08-26-2022, 10:36 AM
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Originally Posted by bsloan1960 View Post
Progressive is one of the companies featured in the article. The Villages homeowner's whose insurance premium increased by 69% use Progressive.
Progressive just canceled me as of 12/24/22......received the letter yesterday
  #43  
Old 08-26-2022, 11:31 AM
Keefelane66 Keefelane66 is offline
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Originally Posted by tophcfa View Post
Dumped them a few years ago when our premiums almost doubled and they couldn’t find us any better deal. Did much better with an independent insurance agency outside the bubble.
Same with us. I do not recommend Villages Insurance to anyone. We were trying to bundle with them. They gave us a quote which was Florida Travelers $500 more annually than the policy we already had with Travelers Florida, with the same identical coverage.
When questioned their answer was “that’s the way it is”.
We do as little business as possible anything tied to the developer.
  #44  
Old 08-26-2022, 11:38 AM
OrangeBlossomBaby OrangeBlossomBaby is offline
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Originally Posted by tonyt57 View Post
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
You're out of touch with recent modern history of the roofing business and insurance in the Villages then.

Unscrupulous roofing companies spent an entire season climbing up healthy rooftops of homes, breaking off a piece of a single shingle, and telling the homeowner that this was "proof" that they needed an entire new roof that would be covered by insurance. They would take pictures of the "damage" from various angles, and submit it as evidence to the insurance company, so the homeowner didn't have to do a thing.

Meanwhile, the roofing companies were padding the damages, inflating the costs, knowing exactly what each insurance company would pay for a roof replacement.

The roofs - for the most part - didn't need replacing at all. Some of them really did have damaged shingles but those individual shinges could have been repaired, replaced, or even remained damaged if the damage was minor enough.

The companies scammed the insurance companies, made bank, homeowners got brand new roofs that they didn't need, and everyone else's rates went up as a result.
  #45  
Old 08-26-2022, 11:41 AM
OrangeBlossomBaby OrangeBlossomBaby is offline
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Meanwhile - as I live in a manufactured home, there are only a couple of insurance companies that will cover my home at all. We have a metal roof so we don't really have to deal with increases resulting from aging roofs, but our premiums are higher than houses because manufactured homes are considered less stable and a higher risk for damage/catastrophic destruction during hurricanes and other incidents.
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