Home Ins on Designer

» Site Navigation
Home Page The Villages Maps The Villages Activities The Villages Clubs The Villages Book Healthcare Rentals Real Estate Section Classified Section The Villages Directory Home Improvement Site Guidelines Advertising Info Register Now Video Tutorials Frequently Asked Questions
» Newsletter Signup
» Premium Tower
» Advertisements
» Trending News
» Tower Sponsors

» Premium Sponsors
» Banner Sponsors
» Advertisements
Closed Thread
Thread Tools
Old 09-05-2007, 04:02 PM
nanci2539 nanci2539 is offline
Veteran member
Join Date: Jul 2007
Location: Harbor Hills Country Club
Posts: 721
Thanks: 0
Thanked 1 Time in 1 Post
Default Home Ins on Designer

Asking this question for a friend who argues that home ins is high in TV.

Can someone give me a ballpark figure for home insurance annually on a $400K designer home?
Tewksbury, MA<br />Naperville, IL<br />The Villages
Old 09-05-2007, 05:35 PM
pili pili is offline
Senior Member
Join Date: Aug 2007
Location: Village of Hemingway
Posts: 198
Thanks: 0
Thanked 1 Time in 1 Post
Default Re: Home Ins on Designer

Like Nancy, I would like information on home insurance at TV. From things I've read home insurance in Florida is very expensive and sometimes difficult to get. Any insight is appreciated.

Old 09-05-2007, 09:26 PM
villages07's Avatar
villages07 villages07 is offline
Join Date: Mar 2007
Posts: 11,073
Thanks: 2
Thanked 22 Times in 16 Posts
Default Re: Home Ins on Designer

nanci... you only pay insurance on the cost of the dwelling, not the original sales price (which at 400K probably includes a hefty lot premium).

Here's sample numbers.... replacement cost of the dwelling at 290K, 1,000 deductible, replacement cost coverage on contents, max liability limits, etc; 2% hurricane deductible; figure on HO insurance of about $1,000 per year...also assumes a block home of recent construction that has undergone windstorm mitigation inspection.

This is a very general number but is not anywhere near the astronomical rates closer to the coasts.
Maryland (DC Suburbs) - first 51 years
The Villages - next 51 years
Closed Thread

Thread Tools

You are viewing a new design of the TOTV site. Click here to revert to the old version.

All times are GMT -5. The time now is 06:33 AM.