Talk of The Villages Florida

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- The Villages, Florida, General Discussion (https://www.talkofthevillages.com/forums/villages-florida-general-discussion-73/)

- - Home Insurance (https://www.talkofthevillages.com/forums/villages-florida-general-discussion-73/home-insurance-324399/)

Your best bet is to get quotes from a broker...i.e., someone who can quote rates from multiple insurance carriers. A captive agent (State Farm, Allstate, etc.) can generally only write policies from their company. There are way too many variables involved, making generic comparisons of what you pay versus the guy across town meaningless. Keep in mind that a fairly significant factor in rating an insurance policy is your FICO score. While it may not seem fair, the fact remains that your credit score has a lot to do with what you pay for insurance.

I had Tower hill also and this years rate went up $600, I checked out Farmers Insurance and if i bundle my auto insurance with my house it was almost half the price on my house insurance with only $500 deductible including hurricane coverage instead of 2 %.
The auto insurance was the same amount tho which came out to the same as progressive which i had covering my 2 cars.
Try Farmers combining insurance you will be surprized at the savings !!!!!

Quote:

Originally Posted by rjn5656 (Post 2007578)

Time to compare some prices. I have Tower Insurance now. Who do you have?

We just bought new this year and use State Farm (and have for decades). Homeowners premium is currently $1299/yr. Golf cart is $177/yr.

I use Allstate for homeowners, they have better sinkhole coverage
Same as your HO deductible

We had AAA for several years after moving to TV. When they raised our homeowners, we called Southern Insurance Group in Clermont and got a much better rate. A year later when our auto rate was raised, we again got a better rate from Garrett Johnson at Southern. Been with them for more than 6 years.

Quote:

Originally Posted by rjn5656 (Post 2007578)

Time to compare some prices. I have Tower Insurance now. Who do you have?

The sales person suggested villages own broker. I bought house a mossy oak in 2019 my insurance was 420-/yr from ASI/Progressive. When o sold the house in 2021 it was 440//yr.
the key is to call direct AND set your own limits on contents to 30% of house value. Stay away from village stuff

Quote:

Originally Posted by mtdjed (Post 2007816)

I have Progressive and my Policy price for the next year starting 10/27/2021 went up from $1700 to over $2400 for the same coverage I have this year. Exploring other options, I have heard that the reason rates are highly driven by the roofing replacements. Even though I did not get a new roof, I am being charged the pool rate that is being assessed to have insurance companies recover what they gave paid for new roofs.

Checked several companies and find similar raises for equivalent coverages. One way I am told that I can reduce rates is to change to a 2 per cent deductible for hurricane coverage. Even though we usually don't get hurricanes here, the definition (A named storm) qualifies as a hurricane even though the local area is outside of hurricane winds. Thus if we get a small tornado spawned by the named storm, it falls under the hurricane deductible.

If you’re paying that much it must be a million dollar place. That’s nuts. House not ville worth 400,000 got progressive gor 440-/ the key is the padded ons
The contents coverage should be no more than 30% of house value - lose the replacement cost because it’s NEVER replaced to make you whole

Quote:

Originally Posted by Luggage (Post 2008016)

Kin is a broker .

Kin is not a broker, Google them.

Quote:

Originally Posted by rjn5656 (Post 2007578)

Time to compare some prices. I have Tower Insurance now. Who do you have?

I also have Tower Hill Ins. Has been the best deal for the last ten years. In FL for about 50 years and AAA rated

Quote:

Originally Posted by Pettys1 (Post 2007849)

My brother is trying to close on his manufactured home an they can't get there loan unless they find insurance that is reasonable. I don't think $4300 is price gouging . The mortgage company said they have never heard of a price like that in 20 plus years. Any suggestions is greatly appreciated

Mobile Home Insurance | Manufactured Home | Foremost Insurance Group

With auto insurance, a lot of companies, even Allstate, only offer 6 month policies. What are the downsides to a 6 month policy (vs. 12 month) besides having to deal with renewals twice as often?

We have always had 12 month policies.

AAA but would definitely price Farmers

Quote:

Originally Posted by rjn5656 (Post 2007578)

Time to compare some prices. I have Tower Insurance now. Who do you have?

Southern Oak thru Nsure.com.