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Topic Title: Own a Florida home?
Topic Summary: You are gonna get SCREWED!
Created On: 03/11/2021 03:19 PM
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 03/11/2021 03:19 PM
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Cole

Posts: 68176
Joined Forum: 07/22/2003

My homeowners has gone up $2,500 in three years.

And what do Republicans do? They tell the insurance agencies that they are off the hook if you roof is more than ten years old.

All of them need to be voted out, from Deathsantis on down.


The story: http://www.news4jax.com/i-team...ld-roof-replacements/

The bill: http://www.flsenate.gov/Sessio...21/76/?Tab=VoteHistory

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I was right.
 03/11/2021 03:58 PM
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crankit

Posts: 17468
Joined Forum: 07/30/2003

Bummer, mine has stayed basically the same!

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Romans 8;18-32 John 3;16-18
 03/11/2021 04:09 PM
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Cole

Posts: 68176
Joined Forum: 07/22/2003

Wait till you re-up homie. Better hope you have some spare cash on hand. If you have Universal, they no longer write in Brevard.

I was told by three different brokers that no one wants Brevard and that the original price I was quoted is the same across the board.

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I was right.
 03/11/2021 04:11 PM
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RocketSurf

Posts: 645
Joined Forum: 03/20/2014

Cole, how is your new FEMA flood zone? Mine went from X to AE. Since I already had flood insurance I was grandfathered in as X so my rates will remain the same. If it was new insurance and rated as AE the cost would go from $550/yr to $5500/yr. Kinda messes with the resale value.....
 03/11/2021 04:12 PM
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Cole

Posts: 68176
Joined Forum: 07/22/2003

Let me clarify for crackhit: this is for homeowners insurance, if you live in a dirt floor hut in Palm bay, you might not be included.

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I was right.
 03/11/2021 04:16 PM
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Cole

Posts: 68176
Joined Forum: 07/22/2003

Originally posted by: RocketSurf

Cole, how is your new FEMA flood zone? Mine went from X to AE. Since I already had flood insurance I was grandfathered in as X so my rates will remain the same. If it was new insurance and rated as AE the cost would go from $550/yr to $5500/yr. Kinda messes with the resale value.....


I'm on the edge of the flood zone - the end of my driveway - four blocks from the beach. I was told everyone (insurance) is pulling out from Brevard and that 5 grand a year is the best deal. I'm doing shutters for a reduction, but they are going to cost me a couple grand, so it's a wash, but it will be better than boarding up. My flood is extra.



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I was right.
 03/11/2021 04:17 PM
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Cole

Posts: 68176
Joined Forum: 07/22/2003

I'm all ears if anyone knows of a better deal.

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I was right.
 03/11/2021 04:36 PM
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RiddleMe

Posts: 5810
Joined Forum: 07/21/2011

Mine went up 45% or so
 03/11/2021 06:01 PM
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wtf

Posts: 6945
Joined Forum: 11/23/2005

Mine up to 5k+ this year. I just put on a new roof and that dropped me $100/year. If I install impact windows or Miami-Dade approved coverings my insurance will go down 3k. They want no points of entry for winds.

It's the reinsurance agencies that jacked up rates. And rightfully so, there is irrefutable evidence that FBC impact windows/doors drastically reduce claims. Cover them up or pay out the nose.

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QOP = Terrorists
FK = Gay
 03/12/2021 01:34 AM
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Greensleeves

Posts: 20478
Joined Forum: 07/22/2003

$4K per annum and that's with a $2500 credit for door/window coverings to code. Flood still the bargain as I remain in X at $450.

I had coverings from way back. During a reinspection the inspector said they needed a code stamped on them. I got some coded ones done for a good rate and got the credit back.

FL gonna grift along with the insurance companies.

Edited: 03/12/2021 at 01:37 AM by Greensleeves
 03/12/2021 04:15 AM
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SurferMic

Posts: 1251
Joined Forum: 06/30/2012

.

Edited: 03/12/2021 at 06:11 AM by SurferMic
 03/12/2021 04:47 AM
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Greensleeves

Posts: 20478
Joined Forum: 07/22/2003

SurferMic where you go for retrofit quotes/job?
 03/12/2021 05:06 AM
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SurferMic

Posts: 1251
Joined Forum: 06/30/2012

.

Edited: 03/12/2021 at 06:37 AM by SurferMic
 03/12/2021 05:07 AM
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Cole

Posts: 68176
Joined Forum: 07/22/2003

Now imagine being a lifelong Florida resident on a fixed income. I can pay it, just as most of you can, but there will be millions who can't.

Election time?

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I was right.
 03/12/2021 05:10 AM
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wtf

Posts: 6945
Joined Forum: 11/23/2005

Originally posted by: SurferMic

this year I was kicked off Citizens, they have been trying for years to drop me and this year was no way to stay on....I was farmed out to Southern Oak for 6K year! (Windstorm only) that is way too much! During my roof replacement from the hail storm I used FL RetroFIt to install hurricane strapping on all roof trusses cost 3K. After a 4pt Hurricane mit report SOuthern Oaks dropped it to 2,200 from 6K. I number I can live with...The 3k for strapping was worth it plus my house is now SOLID.

Yes - the more hurricane proof a house is the better. My neighbors in new builds are only paying 1k+ year. Every covering has to be impact including doors. In the process now but thankfully I now have an extra 6k to pump into the local economy.

My quotes so far are 44k for everything (over 20 windows and 3 doors), 37k for Big Bertha windows (no doors). Waiting on others. It's not cheap but there is a tax credit + yearly insurance savings + added value makes it a wash.


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QOP = Terrorists
FK = Gay
 03/12/2021 05:28 AM
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Cole

Posts: 68176
Joined Forum: 07/22/2003

My house is block from the late 50's with a tongue and groove roof and it's strapped like a mofo. The people that built my neighborhood were from up north and used snow bearing specifications. One inspector told me we could flip it over and use it for a boat. I have a 25 year roof with stainless hardware that is five years old. None of that matters in the final insurance cost.

They look at the age and they jack you through the roof.

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I was right.
 03/12/2021 06:01 AM
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Greensleeves

Posts: 20478
Joined Forum: 07/22/2003

"Now imagine being a lifelong Florida resident on a fixed income. I can pay it, just as most of you can, but there will be millions who can't."

Yes Cole.
 03/12/2021 06:02 AM
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TATTOO74

Posts: 2407
Joined Forum: 10/26/2005

This is my job and I deal with the renewal costs rising every day. There is literally like three companies that will write homeowners insurance beachside in Brevard right now. If you are paying under $5k a year consider yourself lucky. From what I have seen Universal has been the most lenient with the jacked up renewal prices. Frontline on the other hand I've seen some rates go up over 50%. The entire thing is a mess.. Now the insurance companies are going after the agencies cutting the commission structure down as well. I see a lot of foreclosures in the future if something does not change. A friend of mine has Fl Peninsula and he just went from $3k a year to $4,900. He just bought a new car and that increase is about the same money as the car loan, now he's strapped.

SurferMic: I'm pretty sure I know you and where you live. We used to walk our son through your neighborhood and have stopped out front and chatted with you & the wifey a few times. I have no clue how you managed to get Southern Oak to insure beachside at that rate. Southern Oaks niche is brand new homes in the Viera area. Don't ever let that policy go!

Edit: For anyone that does have Citizens ... RUN, they are horrible.

Edited: 03/12/2021 at 06:05 AM by TATTOO74
 03/12/2021 06:11 AM
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Greensleeves

Posts: 20478
Joined Forum: 07/22/2003

USAA for me. They sent me a letter years ago saying they would only do my residence and begrudgingly so.
 03/12/2021 06:18 AM
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SurferMic

Posts: 1251
Joined Forum: 06/30/2012

Hey Tattoo74! your son is growing fast!, walk over sometime, I got eggs and bunch of kale to share

Edited: 03/12/2021 at 06:37 AM by SurferMic
FORUMS : National Enquirer (FORMERLY NSR) : Own a Florida home?

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