[JMintzer]

Also with Progressive. Designer Aspen model...

2021 = $1050
2022 = $1200
2023 = $1360

(prices are ballpark and not exactly to the penny, as I don't have my bills in hand)

[Garywt]

Ours is going from $900 to $1200 in March.

[DAVES]

Originally Posted by DALEPQ

Have just received the renewal notice for Home Owners Ins. from Progressive.
Have had them since 2020. Never had one claim at all.
2020 Premium- $693.; 2021-$755.; 2022- $916.; 2023 Renewal Quote $1,883. WOW!!
105% Increase, for NO changes in coverage, and NO claims. Yes, TOTAL SHOCKER!!
No doubt hurricanes have affected this!
Is this what has been happening to Home Owners Ins. in T.V. and or all FL??
What have others experienced for rate changes??
Thanks for your replies.

Far as insurance, they go by a risk table. Not every company uses the same table. So it is wise to shop around. Since 2020, that does not matter at all. Actually they often offer better deals to new customers, to attract new business. Not just shopping other companies, might be wise to call your present company ask if it is an error? Ask why? You can lessen insurance cost by raising the deductible-you self insure smaller claims up to the deductible.

[DAVES]

Originally Posted by Tyrone Shoelaces

I would like to cancel and go "self insured"

That is always an option. If, you have a mortgage the mortgage holder probably will not allow it. The home owners policy you pay based on the home value. You do not insure the land which will still be there if, the home is destroyed. Tied in is also liability for people suing you. Shockingly common these days.

[kitnhead]

Originally Posted by Babubhat

Should be 1500 or less. Call villages insurance and State Farm for quotes.

The renewal quote says they don’t want your business.

My husband called village insurance after our car insurance went way up (no claims, no tickets). They got us a new policy for 1/2 the price.

[SkylightRoofing]

As a resident here in The Villages, a FL licensed independent adjuster (Not active in this regard just hold licenses), and a roofer (Yes, there are a handful of quality platinum original roofers that don’t solicit and respect community guidelines), the issue was mentioned above - Fraud claims across the state (FL) gave insurance carriers the power back. Billions in 3rd degree fraud loss claims filed (because neighbors told neighbors) that adjusters and claims coordinators should have never approved …Caught up to all of us. I have three properties here and it’s not easy to absorb. I can say though: I (We) saw this coming like a train coming off the tracks from afar. All the people signing an insurance contract with door knockers should have been better educated.

If there are those out there that need a roof and that are hesitant about who to turn to for free advice without any pressure: Contact Skylight Roofing Villages - Trusted, Quality Reputation, Fully Insured, No Subcontractors, and over 5000 homes replaced to Sumter, Marion, Lake County Code.

352-552-4766 or 407-790/6755

The Villages - Skylight Roofing Inc.

Skylight Roofing - Serving The Villages for over 15 Years

[villageuser]

Originally Posted by DALEPQ

House is in Fernandina, built 2012, vinyl siding, 1488 s.f.

That’s part of the problem. Insurance companies are not wanting to insure homes older than 2015, and they are rationing how many subscribers they have per area. Once they reach their limit, and some have for this area, they won’t insure more people.

[RICH1]

ACTUALLY THATS A GREAT PRICE…New Roofs make for No Free Lunches

[PennyAnn]

I would shop around. Ours went up from $,097 to $1,359 or thereabouts.

Broker - AAA on 441. Insurer - Universal.

Good luck.

Originally Posted by DALEPQ

Have just received the renewal notice for Home Owners Ins. from Progressive.
Have had them since 2020. Never had one claim at all.
2020 Premium- $693.; 2021-$755.; 2022- $916.; 2023 Renewal Quote $1,883. WOW!!
105% Increase, for NO changes in coverage, and NO claims. Yes, TOTAL SHOCKER!!
No doubt hurricanes have affected this!
Is this what has been happening to Home Owners Ins. in T.V. and or all FL??
What have others experienced for rate changes??
Thanks for your replies.

[Life as I know it]

Someone has to pay for your neighbors and friends free new roofs. It’s always the honest people who get stuck with the bill.

[Nordhagen]

Try Travelers with AMAC membership. Have a 1950 sq ft house. $1000.

[hoot2602]

Originally Posted by DALEPQ

Have just received the renewal notice for Home Owners Ins. from Progressive.
Have had them since 2020. Never had one claim at all.
2020 Premium- $693.; 2021-$755.; 2022- $916.; 2023 Renewal Quote $1,883. WOW!!
105% Increase, for NO changes in coverage, and NO claims. Yes, TOTAL SHOCKER!!
No doubt hurricanes have affected this!
Is this what has been happening to Home Owners Ins. in T.V. and or all FL??
What have others experienced for rate changes??
Thanks for your replies.

I would immediately go out to at least 3 other carriers and ask them for a quote. I do this for each renewal that has such a huge increase.

[BBmac]

Originally Posted by Babubhat

Should be 1500 or less. Call villages insurance and State Farm for quotes.

The renewal quote says they don’t want your business.

My insurance went from $1023 to $2120. I checked with The Villages insurance and got quotes of $3800 and $5300.

[mkjelenbaas]

Originally Posted by DALEPQ

Have just received the renewal notice for Home Owners Ins. from Progressive.
Have had them since 2020. Never had one claim at all.
2020 Premium- $693.; 2021-$755.; 2022- $916.; 2023 Renewal Quote $1,883. WOW!!
105% Increase, for NO changes in coverage, and NO claims. Yes, TOTAL SHOCKER!!
No doubt hurricanes have affected this!
Is this what has been happening to Home Owners Ins. in T.V. and or all FL??
What have others experienced for rate changes??
Thanks for your replies.

And I thought those that got FREE ROOFS was a good deal - unfortunately it appears we all are paying for them!!

[ROCKETMAN]

I have the villages ins agency. I have 1150;sq ft vinyl siding with a 3 year old roof and no claims. Mine went from 866 to 966 dollars a year. Have 20 per cent sink hole and 10 per cent hurricane coverage.