Florida homeowners....

[kiki02]

How are your insurance rates lately? gtting a quote of 1500 annual on a sfh. built 7 years ago.

Wdyt?

 

[jgreco]

Does this include wind? Rates consider value of home, lot location,construction type, roof type, hurricane protection, etc.

 

[webcs]

How are your insurance rates lately? gtting a quote of 1500 annual on a sfh. built 7 years ago.

Wdyt?

Well where are u located?

 

[kiki02]

Well where are u located?

Jupiter/ south florida. At least for now ;0

 

[Mom21]

I live west of Ft Lauderdale about as far west as you can go before you hit the everglades so no where near the beach. I can only get Citizens for some reason. Mine is about $2300/year for coverage that is way lower than I really should have. That doesn't include flood which is about $550/year. Believe me my house isn't great at all. Now they tell me for some reason they don't believe my wind mitigation survey so I have to have a new one next week. Not sur ewhy they don't trust it as it was some guy recommended by insurance comapn years ago that I had to pay. I told them not paying again and they said ok. I'm going to be mad if they up it again. I will say at one point we were way over 5-6,000 for a few years.

Don't get me started on my property tax. I hate this place. I want to move, but housing prices just aren't helping me out right now.

 

[floridafam]

We moved here in 2004. Our insurance was $1200 until two years ago. They raised it to $2400 and then last year they raised it to $3400. We have never filed a claim. Many companies aren't even writing policies in FL.

All I can say is good luck.

 

[jgreco]

Wind (Citizens) $2400
General (Tower Hill) $1200
Flood (Tower Hill) Voluntary, not in flood zone $400

Wind was much less before Citizens screwed us with their "re-inspection scam". There is also a laundry list of things it will not cover (like our summer kitchen). We are waterfront (interior canal with Intracoastal access), CBS Home built in 1960 with rebuild replacement value of $450k, impact windows, new roof with straps.

If that does not include wind, it seems a little high. We used an agent with Brightway Insurance, maybe call around for another quote?

 

[christineann]

I just changed my homeowners carrier because my premium went up over $1100 this year (no claims filed) to $3700. I was able to find another company and save $1500 on the homeowners.

My flood premium is $1870 (same as last year), and that is in addition to the homeowners.

My house is a a 50 year old ranch style house, nothing fancy. I'm getting priced right out of the house I bought in 1983

The premiums are rising everywhere.

 

[wdwmaw]

We don't live in Florida but in Kentucky, not a flood zone or high risk area either and ours went from $1200 per year to $2400 this year. Also, we have been with Liberty Mutual for 25 years and this year we were asked to pay full amount upfront. Asking around at work, DH and I both found the same with other families. We did try calling other companies and we have the cheapest policy.

 

[christineann]

I checked with some independent agents who broker for several companies each. Saves a lot of time, and they are happy to do it.

 

[UCFALUM]

Oh yes, they implemented NEW wind mig standards as of Feb. of this year so if you had one in January, would still have to pay for a new one.

The insurance is OOT but in my area at least, it is still cheaper to buy then rent and I bet rents will be going up even more.