[MrFlorida]

Originally Posted by roadrnnr

Do you think it would go down substantially if you replaced roof since your roof is 16 yrs old?

No, neighbor has a new roof , mine is original. Same insurance company, same coverage, theirs is $200 less than mine.

[OrangeBlossomBaby]

Originally Posted by roadrnnr

So we are looking at houses up to $400000

So far the ones we have seen were all built about 2002-2006

I guess my ? is If it came down to a house that age would the main factor in the insurance rate be the roof above everything else.

Most of the ones we looked at were remodeled and beautiful inside.

Looking for some one that has a house that age with a new or newer roof hat can give me some insight on what they are paying for insurance.

There is no singular "main factor" in prices for insurance. Roof age (not home age) is the singular "main factor" for INCREASE in insurance prices, but not in the price itself. If you've never owned a home here, then your first home won't be an increase in price over last year's price, since last year - you didn't own the home yet.

The cost of insurance includes the same factors as any other home in any other state. Size of the lot. size of the home. Does it have a garage. Attached or detached? Is it in a flood zone. If so, which one? What kind of construction is the dwelling? Does it have a pool - if so, is it above ground or in-ground, is it outdoor or indoor? What does the appraiser say about the current structure? Does it comply with the current hurricane/electrical/plumbing regulations? is it habitable or inhabitable? Is it a single-family, a duplex, a townhouse, or a condo? How many bedrooms, how many bathrooms - full or half? Does it have a basement, does it have an attic? Will you be living in the home you're trying to insure, full time? Will someone other than you be living in the home you're trying to insure, while you are living somewhere else, full time? Or will it be vacant?

These are some of the things the insurance company will want answers for before they quote you a firm price on a new policy.

[shut the front door]

Originally Posted by Tom52

Type and size of houses you are looking at was not specified in original post so it is difficult to say if realtor's estimate is accurate. If you are looking at designer size houses around 2000 sq ft it might be a little low. I just recently shopped my homeowner's insurance and the best I could get was about $2,100. That required bundling with auto and golf cart to get discounts. Our home is 12 years old with original roof in good condition. Insurance company required an inspection before they would insure us.

Wow, I have a 2000 sq ft designer with pool, outdoor kitchen and very large birdcage (those features add to insurance cost) and pay 1200/year (Farmers). That is with a new roof.

[justjim]

We have bought and sold many homes. If I was currently looking for a house that was 15 to 20 years old, I would not rule out one that needs or is going to need a new roof soon. Just build the cost (or most of the cost) into your offer. The insurance on the house should cost in the 1200 - 1500 range if you have a good credit rating. Good luck in your search.

[MX rider]

We bought a 1300 sq ft 2 and 2 ranch in Amelia in March of 22. It was built in 09 and has the original roof, which is still in good shape.

We were recommended to check out HH Insurance in St Pete. They're brokers so they deal with over 40 different companies.

They gave us 3 options for our home, kind of a good better best scenario. Our rate was $1250 per year and when we renewed this year it went to $1500.

Before they would write the policy they sent out an inspector at their expense to check out our roof.

Their customer service is very good as well. Hope this helps

[HIgolfers]

Have a 2000 square foot designer home built in 2017 so roof is 6 years old. This year Progressive raised our insurance premium 60%. I shopped around but couldn’t beat the price even with bundling so I’m staying with them. (No claims). I don’t know if it’s the roof issue so much as the storm damage throughout the state resulting in higher premiums statewide. This may not help you much!

[kkingston57]

Originally Posted by roadrnnr

We are looking at homes in the 15 -20 year old range in Sumpter county simply because of the location and lower tax
Working with a realtor and we told him to only show us houses with new or newer roofs because of all the stories I have heard about insuring with an older roof.

My ? is if purchasing a house in that age range with a new or newer roof is the price of insurance back to reasonable levels.

He is telling me I could expect to pay about 1200-1500 a year with a house that age with a new roof.

I would like to hear from anyone who is actually in that situation.

We just came back from a lifestyle visit and it was everything I expected and more.

Thanks

We have house insured for 300K in Sumter County. Roof is 8 years old and house is a 25 year old frame home and our premium is <$1500. Bought policy before hurricanes in 2022 and suspect that our premiums will be in the 2K range next year.

[kkingston57]

Originally Posted by roadrnnr

Do you think it would go down substantially if you replaced roof since your roof is 16 yrs old?

That is a ? that the insurance company or agent can and/or should answer.

[DAVES]

Originally Posted by roadrnnr

We are looking at homes in the 15 -20 year old range in Sumpter county simply because of the location and lower tax
Working with a realtor and we told him to only show us houses with new or newer roofs because of all the stories I have heard about insuring with an older roof.

My ? is if purchasing a house in that age range with a new or newer roof is the price of insurance back to reasonable levels.

He is telling me I could expect to pay about 1200-1500 a year with a house that age with a new roof.

I would like to hear from anyone who is actually in that situation.

We just came back from a lifestyle visit and it was everything I expected and more.

Thanks

We, wife and I debated buy new or resale. I wanted resale, in plainspeak used, she wanted new. So of course we bought new. That was nine years ago. A major advantage of buying new is that everyone moves in together making it easier to meet people. A resale, they do not depreciate so it is not cheaper. Nothing lasts forever. It is not just the roof. The air conditioning most likely a heat pump, heating and cooling. That also lasts like 14 years. The hot water heater, also needs to be replaced in like 14 years.

[sandyjensen1@icloud.com]

We bought last year, roof needed to be replaced. We waited a year to see difference in insurance rates. Ours went from 3200 down to 1800. We do not have auto -home discount. I am an insurance agent- not in florida. The other variables are if you have a good credit score, any other claims? This is universal in the insurance world. Except I believe one state. Also the value of home, bird cage, pool etc all makes a difference. I can tell you- the location is well worth the the price. It is so awesome!
Get several quotes, let roofer know it is not an insurance claim. Good luck and welcome to the villages!

[ROCKETMAN]

We have an 18 year old house located 1 block from Seabreeze rec center.. Got almost free roof 3 years ago. House is 1156 sq ft. And homeowners ins. Is $976 per year.

[Dmrocano]

Hi, we purchased a courtyard villa in November 2022 and the insurance company required a new roof because the roof was original. We split the cost with the seller for the new roof and our insurance premium is 1159 a year we use citizens Ins through Dee’s

[Harold.wiser]

Colony patio villa, Sumter county, purchased in 2021, 1236 sq. ft, built in 2002 + or -. New roof in 2019. Insurance was $1335 for last renewal, which was an increase of $270 from the previous year.
Hope this answers your question!

[ewstanley]

We pay $1250 and we have USAA.
We have a 3 Bed CYV built in 2007 in Largo near the Bacall Recreation Center. We paid for our new roof in 2021.

[DiviAruba]

What insurance is this? I am
In the process of buying a home.