Self insure just means that you don't have any insurance. If something goes wrong, you just pay for it out-of-pocket.

It seems that all homeowners insurance is going up in every state not just Florida.

My insurance with Travelers on new house started last May @ $777 for the year... included sinkholes but not flood. Yeah that may be going up.

Agent name?

Unless you have really deep pockets you still need liability coverage.

Too busy making laws for problems that do not exist, like laws against Disney, making it illegal for companies to have own rules regarding Covid(cruise companies) task force for illegal voters(albeit about 25 arrests) woke laws(still can not understand this concept)

Huge % increase, feel lucky you are only paying $1125

What about the Florida law where I am supposed to get $500 for every telemarketing phone call? I still don't know how to collect the money. I think I am owed over a million dollars so far. When is the state going to tell us how to collect it?

We have Progressive too. With no claims at all we went from $1172.00 in 2022 to $3165.00 in 2023 with a new roof that we paid for. We can thank all the roof scams for the increase.

That is a great rate. Our 2/2, 2.5 yr old, 1300 sq ft patio villa just went up to $1600 with progressive, no claims and we also live south of 44. No flood plain.

If you don't have a mortgage the insurance outfit has to offer you coverage WITHOUT windstorm risk coverage. Mine went from $7500 down to $1100. $490,000 home. This is part of the 2022 state changes.

"to get $500 for every telemarketing phone call? "

Moregan and More get $499, you get a buck.

I'll take it. But, how are they going to find out who called me? The law, enacted in 2021, is a stupid law. Google it.

Free Roofs ….. Lol

I am not understanding why the rates would be so different? Our auto and golf cart are also through them? Is your bill aggregated or just home? I guess I should be happy I’m under 1000 a year. Our house is block construction? Does that make a difference?

But how much is your annual bond?

I don't understand either. Auto and golf cart are not included in the $1600. There is no mortgage on the home whether that makes a difference or not.

Not true.
 

There are companies writing policies.

doe's your quote include sinkhole insurance????

You may think you have a great bundled quote from state farm. Most likely your paying too much for your auto insurance!!!
Call AARP THE HARTFORD for Auto Insurance. You will shocked how much your over paying for Auto Insurance with State Farm.

Just talked with USAA & they are no longer writing policies in this area due to wind damage roof claims. :mad:

Just bundled multiple policies with State Farm. Best price I found. You can’t generalize about companies. Some want your business, others don’t. Keep shopping

If you have no mortgage, Florida law allows you to buy home owners insurance WITHOUT windstorm coverage. You take the risk and self insure. I went from $7500 to $1100 doing this in Dec 2022 on a $484 k home.

Agree. Was getting quotes and State Farm was $800 less for the hone policy, with sinkhole, but the auto was $400 more and the umbrella was $550 more.

We go back further with progressive, and NEVER have had a claim even with previous company (which left Florida so we had to go with progressive). Started int he Low $500's, is NOW $2160.... so, don't complain too much or they'll raise you from 1K to 2K. By the way, the "roof" scam, is just that. A one year, or for many of us, a 6 month small reduction, then it sky rockets again on the next renewal. Yes, it is definitely a Florida problem, we pay big time for the natural disasters... and to some extent, everyone in every state with every insurance company also had to pay for us to live in paradise, even with hurricane season ! ?

Flyers999, remember it well ! That next morning, when those HUGE over head traffic signals in the villages (Belvidere & 466 for one) were still in the street, just too much to clean up immediately, and we reached 441 to turn south and check on some friends in Ladylake and the scene was like a nuclear attack ! NOTHING, absolutely nothing, trees looked like a forest AFTER a major forest fire, church on left gone, no sign of it... a real horror show !

That's about the summary/explanation. For YEARS people raged (uselessly) about the "unfairness" that people who eat a reasonably nutritious diet, do not smoke, engage in regular physical fitness activities of some type, etc. are paying for the "spread out" costs of the higher incidence of cancer, diabetes, and heart disease in those with poor/poorer life habits. It is what it is. A few companies considered, and some actually developed a tiered system where smoking employees would pay more for their insurance... one of those types of things that are really not controllable !! Insurance is to spread RISK. Except for a few small reductions for safe driving, we still ALL pay for the habitual speeders, the uninsured, the teens and the 80 somethings... that's what insurance is, as you and others have said !

True. Also, seems a lot of people ARE getting good rates from AARP Hartford (we were with in a different part of Fl or years, but after building here, were told they were no long insuring here ?? So finally went with Progressive, which has without fail raised auto and home premiums to mind boggling amounts for people like us who have been fortunate enough to have never had a claim, or been involved in an auto accident.. it's a mystery how underwriting works.

Well.... "kind of". My father, a judge, preached "self insure" as soon as you are able. His advice was to NEVER stop making auto payments even when loan was paid.. just keep paying to self in a separate investment account. Now I did not follow all that good advice, but, if something "goes wrong", yes, of course, you pay out of the money you have invested for all the years something did not go very wrong. As most know from their 401K investments, that kind of compounding can be amazing. When thinking, there was no way to put that self insurance money into a non taxed account, of course there is. For those not retired, if they put 2K a year into their 401K or 403b, they can simply INCREASE that by the amount they are NOT paying the insurance company..no insurance company is going to pay those kinds of interest rates, adds up far more than rule of 8's in a bank savings...LOL. But, like everything else, self insuring is not for everyone of course !

I've been a customer of USAA since the mid-70s. I moved here 3 years ago, and had no trouble getting a new homeowners policy in 2019.

That said, I was curious, and called USAA this morning (March 7, 2023). Yes, they ARE still writing new policies here for service members, as well as renewing them. I encourage interested existing clients of USAA to give them a call and confirm if you are shopping for Homeowners Insurance.

OP mine was also ridiculous from Progressive. I met a person from Farmers who told me how to get it lowered. I was able to get it lowered about $900. I’m not going to list them here because it will cause a big debate. Good luck

How did you make out Burnie? Inquiring minds want to know.

I believe the ins. companies are required to send their renewal quotes out 60 days before policy expires. I'm expecting the guillotine to hit me very soon.

When I talked to him, he told me they will renew present policies but are not writing new policies. I will be calling them again today.

Our rates are very similar to your but our rate for 2023 is only $1300.

Except for winter weather no state income tax and low school taxes, Fl. is getting more expensive to live than my primary home in NY along with more congestion on the roads with people moving to Fl.

Listen to the captain and Tennille. Shop around.

AAA to ?
 

Joining in on this long conversation. AAA quote on our 1990 home up $1000 for auto and home with no claims, 9 year old roof. We are having a 4 pt wind mitigation inspection tomorrow which will let us know how much life is left on the shingles.
Got quotes from State Farm, about $1000 less, and The Villages Ins, about the same…..but Villages is using Cabrillo Coastal for the home insurance.
Anyone know about this company or used them for a claim? Someone else earlier mentioned their Cabrillo doubled….maybe our quote is good for the first year, then a big jump?

The Captain & Tennille???

I'm sorry, but Smokey Robinson (and the Miracles) sang that particular number... :D