Another Seminole Heights resident makes it into the paper in a story about insuring old houses
Citizens Forced To Cover Old Florida Neighborhoods, Too
Tampa Tribune - Tampa,FL,USA
So she was stunned to learn that Citizens, created by the state, was the only insurer that would cover the bungalow she bought in Seminole Heights, a few miles ...
I have had 2 1920's bungalows insured by Kilbride on Nebraska. Judy is very nice and VERY busy. My premium is considerably less than mentioned in the article but of course that is determined by value.
ReplyDeleteThanks Mike. More helpful would be which company underwrote the insurance policy?
ReplyDeleteWe've had many insurance companies in the last 6 years for homeowners but gotten all of it through Nationwide. Nationwide was great in that they didn't discriminate against my partner and I. In one year alone we had three different homeowners insurance carriers. One after the other would drop us. I recall one of them dropping us because we were on a raised foundation. Our insurance has already gone up over 100% and I estimate it going up another $200/mo after this upcomming Citizens boost. (Yeah, that wasn't a typo... Two Hundred Dollars per Month increase expected which includes Citizen's new "old house" surcharge.)
If I promise to help rebuild a house in St Pete Beach or Naples that perches on the water will they reduce my bill?
There is a little known program run by the state that helps homeowners get
ReplyDeletematched with insurance agents willing to write policies on our older/high
risk properties. I have used the service and have had excellent results. I was contacted by an agent within 24 hours of signing up and was able to save hundreds on
my insurance.
The site is http://www.fmap.org/