All insurance is not the same… Like everything you get what you pay for. You can pay for basic insurance or yes, you pay for additional, such as tearing down and removing the debris, loss of use, replacement of items at current value, etc., etc. as a survivor of hurricane Michael… I have learned a lot about insurance. All those little extras that help if you’re hit by a hurricane… Cost. But well worth it. Remember you get what you pay for.

This seems odd.

Do you reside in your Monarch Grove home or is it an investment property that you rent out?

Did the agent at Villages Insurance also tell you they could not find any carrier to insure your home?

Did the agent say why the carrier(s) would not insure the home?

Homeowners Ins
 

Good question: Try Kin Insurance. They have a nice interactive online site that lets you choose your options and/or adjust them. Probably looking at $2000 - $3000 unfortunately, but it is available! Pray Florida doesn’t get hit this year because more companies will likely depart Florida!

It is possible to obtain homeowner insurance depending upon the age of your home and roof and claims history. I’m an Allstate agent working from home in The Villages. We are not writing property at this time however; we have Allstate partners I may be able to provide a quote from. Please feel free to contact me for a quote 954-437-9220 ext. 308 or hrichardson4@allstate.com. I’ve helped many people in The Villages.

Best answer to your inquiry is to check with an independent agent. They represent several insurance companies(and getting lesser). Must have high premium. It would take us ten years of premiums to = cost of a roof. Remember insurance covers your house and not just your roof. Most insurance claims are from water and water will not damage a roof.

Your math is wrong. And there are other things such as total loss of your house

a/k/a fraud.

USAA if you are a vet. They have been very good to me.

This is odd… we came from CA too, and paid more for insurance there than we do here. We’re south of 44 in a new home in DeLuna. We pay less than $1000 annually for the largest Veranda Model, 2300 sq ft. Our agent is Kelly Matz with State Farm on Warm Springs, and she also lives in DeLuna. We bundle home, car, and golf cart. We did choose a higher deductible to assume some of the risk. Give her a call.
1 (352) 661-3456

I think you are on to something. We bought our 2005 home last fall. State Farm mentioned a change in building codes in 2004 that helps with storm resistance so that's who we have. I suppose that mostly means hurricane straps on the roof trusses. I wonder what it would take to retrofit older homes.

In my case it would have been true. The premium from Progressive this past February was $6600 for the year ... triple that is $19,800, so the statement is true. We switched to State Farm and bundled for $2100 for the year.

But not true today. :wave:

For reference, in Galveston I pay $6,500/yr for insurance, and another $11,000/yr for property taxes on an appraised value of $536K. So, $17.5K/yr before I walk in the door. Going up every year. TV looks pretty good.

This is an interesting article that might help explain…… No direct hits occurred in Florida over the past three hurricane seasons (2019-2021). Florida, however, is the site of 79 percent of all homeowners insurance lawsuits over claims filed nationwide while Florida’s insurers receive only 9 percent of all U.S. homeowners insurance claims, according to the Florida governor’s Office. To illustrate how lawsuits have weighed on insurer operating costs, JD Supra, citing the Florida Office of Insurance Regulation (OIR), reported $51 billion was paid out by Florida insurers over a 10-year period and 71 percent of the $51 billion went to attorneys’ fees and public adjusters. The 2020 and 2021 cumulative net underwriting losses for Florida’s homeowners insurers totaled more than $1 billion each year.

Entire link Florida's insurance crisis worsens as Farmers pulls out. What to know

Sometimes when damage is extensive, FEMA will hire contractors to remove debris in certain neighborhoods at Federal Government expense.