My house is around $350,000 value, 400 ft from water, with yearly insurance premiums $9720 a year... FEMA sent me a letter few years back stating my house was artificially low on yearly premiums, and it would increase yearly by 11% until it was correctly valued premium wise. The house is older, built in 1954,but has a new metal roof, and no drywall whatsover in the entire 1000 square foot area of the house, only concrete block and plaster interior wise. Florida insurance is FRAUD !!
The flood portion alone on my house is $5400 due to being in a so called flood zone, my neighbor across the street is just outside of so called flood zone (same elevation) and pays only $400 for flood portion... makes no sense. Have called many other insurance companies and they all come up with same ballpark quote.

Old School, if you could, Would love contacts too... on a 30 year loan, my insurance premiums alone could buy a whole nother house and property!!!

Have you tried getting a elevation study done and then file a LAMO with FEMA?.

We had to do this to prove we were not in the high risk flood zone. I also live on a canal, 3/2 older block home built in 1972. But I do have a strapped gable roof, metal, and all wind code improvements We have to comply to the same as (Dade county).

Our insurance went up 37% this year to just under $2700. With Tower Hill but my agent said the same to me that JP said, insurance companies are starting to not want older homes and she said they make home owners replace roofs every 5 years.

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Bingo...this is what I do for a living.

AOB contract roof vendors and EMS companies, public adjusters, and the lawyers that work with them are the 100% issue with FL insurance.

Floridas make up 7% of all claims filed in the USA but 78% of the total claims brought to suit and in court. There is a GIANT issue in Florida and it will be a long time till it is fixed.

Get mad at insurance companies all you want but the fly by night law suit happy contractors, public adjuster, and their teams are the people you should be mad at.

Not roofs but I am amazed at what some people turn into insurance for a claim. Some stuff that I just always figured was on me.

Unfortunately, that's the world that we are now living in...

I probably should have added that, to get the premium that I have, I carry a $5000 deductable. That tells the underwriter that if my neighbors Grandson throws a ball through my window or I have a little drywall damage, I'm not gonna make a claim! LOL

I did have an elevation evaluation done, using the same company that did my neighbors survey, (the company that ended up making their flood insurance part $400 a year).
When I turned that in to my insurance company, thinking my premiums would also be dropping, they told me they would leave the old survey in the folder as my rates would be a lot higher than they are now if they used the new survey.... makes no sense to me.

I also have a $5000 deductible

They value the replacement value of my house at $176,000, so on a 30 year loan, basically I could have bought 2 replacement homes from my premiums alone....
At least that is the way I look at it

WRONG! My father had Allstate for 25 years without a claim in Dade and Broward counties. When Andrew hit the screen enclosure pulled away from the house. The Allstate adjuster only wanted to pay for the facia and reattachment of the enclosure to it, when in all actuality there was physical damage and cracking the the screen enclosure. Allstate was pressed to pay for it all and promptly dropped him after. If the insurance companies were servicing their customers rather than investors we wouldn't need those you say to blame!

Your one case does not support what i stated and this is what I do everyday for a living. Also you are very welcome to read the numerous documents that support whatI I said as they are published and is why we are having homeowners reform currently here. It has NOTHING to do with what you mentioned.

I am sorry for your father issue moons ago but it has zero to do with my statement and what it meant.

Andrew hit in 1992, 29 years ago.

Today most insurance companies will not insure the screen enclosure itself. If it "kites in the wind" then oh well.

Funny story, 2004 FL got hit with 2 hurricanes in 38 days (Frances/Jean). Real estate was hustling, everything was selling/flipping the next day etc. Guy from NY was ADAMANT he close on his house prior to one of the hurricanes. His screen enclosure was not installed yet. Guys were installing the enclosure as the storm was closing in laughing that this was the stupidest idea in the world. Well the storm hit, the enclosure blew away. The guy owned the house at that point and he had to wait months for another enclosure to be built AND it cost about 30% more than the first one! Guy didn't enjoy one sunset with that first enclosure. Smart move would have been to hold the install until after the storm. Then he would have had it installed, not spent a dollar extra and moved on with his life.

WE Insure Ashley Duckett Ft Myers 239-320-8018 handles water fronts