[DiviAruba]

Originally Posted by 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!

What insurance company?

Originally Posted by 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.

How does one get an "almost free" roof?

[Nell57]

Originally Posted by MrFlorida

Sumter County , not Sumpter County

But everyone misspells it for the first five years….senior moments😉

[bowlingal]

It is Sumter....no P

[Hpy2BHere]

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

I pay over $2, 000 for a home built in 1995 with a 6-year-old roof and little over 1200 square feet.

[Jameson]

We bought a 2005 built home (1600 SF) late last year in Sumter County. The roof was replaced due to storm damage a year later with an architectural roof shingle. State Farm gave us the option of paying for a 4 point inspection which resulted in an estimate that the roof was still good for another 5-10 years so they did not require replacement. Another point I was told by our agent is that homes built after 2004 also have a better rating for storm resistance. I guess Florida building codes changed around 2004. Our homeowners policy was $2277 for the year and we also have discounts for cars and golf cart. I imagine I will hear from State Farm in a few years to inspect the roof or replace if the inspection fails.

Shop around for insurance. Don't just go with whoever you are familiar with. Villages Insurance said their lowest offer through some company I never heard of was around $2600. I believe at the time they also checked State Farm for us. When I went directly to State Farm things got cheaper for some odd reason. We also previously had history with them out of state. I've read others haven't had good experience with State Farm so do your homework.

[crash]

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.

Just factor the cost of a new roof into what you pay for the house. If asking $400,000 with an old roof offer $380,000.

The bond is higher in the new area as are the taxes because you pay Wildwood taxes on top of Sumter county taxes.

The older roof is not the main reason for the cost of your insurance.

[Villagesgal]

My home fits your parameters. I put a new roof on last year. I am fully covered including additional sink hole coverage. I've been with Progressive since having the house built in 2005. Designer 2,200 Sq foot home. Just got new billing, $2,204.00. I'm fine with that, shopped around and others don't have additional sink hole coverage and price is around the same or higher. Remember that a brand new home comes with a bond of often $30,000 or more added above the price you pay for the home, most homes you're looking at do not have a bond since it was paid off years ago. That's a huge expense people seem to forget about. Location is most important. I prefer the larger lots of older homes and all the shopping and amenities they have already in place, but look for what's important to you. You will love it here whatever you decide, but don't forget to consider the cost of the bond in new homes.

[Dilligas]

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

The high cost of insurance is partially due to roofing scam……also from inflation, higher home valuation, and tropical weather in Florida. No, I don’t think your insurance rates will drop significantly with a new roof……so far new roofs have allowed insurability.

[Graciegolden614]

I have a house in Mallory Square. Built 2006. Roof replaced in 2022. After roof replaced, Progressive insurance on home (sq feet 1700) was 1300. This year renewal notice was for $3900. Had to shop around again and found new insurance thru Southern Oaks for $1300. Good luck! I may be selling in early 2024 so it is good to hear some people are still interested in homes between 466 and 466A👍🏻

[Ross]

Sumter not Sumpter

[nob77@comcast.net]

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 an 1896sq ft older designer home. Between ss and ls. New roof installed last year. Kin insurance $2500 annual. Good luck.

[turneronce]

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

Our house, just north of 466 was built in 2001 and is about 1600 square feet. We put on a new roof and have had wind mitigation inspection (very important to save about $500). The figure your agent gave you is about right IF you can find a company that will sell you insurance. Many of the big name companies either won’t insure in this area, or, in our case, wouldn’t insure a house built before 2002 (why beats me). We ended up with Kin insurance, a fairly new company, for a little over 1000/yr.

[MandoMan]

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

Do you mean in the Sumter County part of The Villages, or Sumter County outside The Villages, which is often much cheaper but not part of a lifestyle visit? I moved here three years ago and bought a 22 year old home in The Villages in excellent shape (original owners, and he was a retired contractor who did his own home repairs. There was no bond, which saved me over $1000 a year. My agent recommended that for insurance, I contact Jessica Pendry in Sarasota (Phone: (941) 400-8104
Email: jessica@sarasotainsgroup.com) who would find me the best rates for what I want. It was much less than what you are figuring, but about that after I added flood and hurricane insurance. Much less than Allstate, which is among the highest. The house had a one year old roof and one year old HVAC system and passed the Hurricane Mitigation Inspection, which saved me about $500 a year. I sold it recently and moved to a much smaller and cheaper 11 year old courtyard villa. Before selling it, though, I installed a new high quality water heater, though the other one worked, and wall to wall luxury vinyl planking. That saved the new owners a bundle. The carpet I had when I lived there was original.

So, in my new bargain of a house, I had the low quality original carpet replaced with the best luxury vinyl planking—$14,000. I’ve just had the HVAC replaced by a high-end, high SEER system for $10,500. It has a 12 year warranty. The hater heater was already almost new. Fixing up the irrigation system cost $1,600. Garage door repairs and improvements cost $600. (Fortunately, the previous owner lowered the price $35,000 the morning I made my offer out of the blue, and that paid for all the repairs.) These are the sort of things you might need to deal with if you buy a 20 year old house. But 20 years old is NOT old for a house. Most houses in The Villages are well built and well kept up well, partially due to our deed restrictions. Just assume that maintenance work is needed on occasion in all houses, everywhere. A house with a nearly new roof with architectural grade shingles may save you quite a bit of money or make it easier to get insurance.

Another thing: in my first house, just north of 466, and my second house, just north of 466A, I’ve never seen a mosquito, and I rarely see any bugs. When I’ve visited friends who live in new houses in the swamps south of 44, there seem to be a lot more bugs, and having a birdcage helps a lot. Where I live, it isn’t really necessary, due to spraying. I don’t think The Villages is allowed to spray the swamps, as birds and bats and little animals depend on eating them.

[sallyg]

Your insurance company might require an inspection. Ask for references from neighbors. We had an older home and one inspector tried to sell us a $10k roof (took a video while he was up there for proof). The second inspector told us we were good for 5-7 more years. Good luck.