That is crazy cost for auto insurance! My daughter 19 years old is on my auto insurance and our 6 month premium for 2 vehicles = $500! This is with low deductible and complete coverage!
What fantastic content! The whole thing was right on point and well done. Thank you very much. If I decide to move from one house to another in the villages as so many people do, I may just have to contact you. You know, the old thing about having to have a VLS and MLS agent to see everything in the market.
Great info David, I just got back from the Villages on Thursday night. I'm activity looking for a home. I will email you in the near future to discuss more. I have a Villages sales agent, but looking for a MLS realtor also. Thanks again.
How many people in The Villages self-insure? I live over by Sebastian and don't pay for wind/flood because I'm happy to accept the risk. If i lived in TV I'd feel much more confident to self-insure.
I dont know of any of my clients who self insure, but I am sure that some do. The national average for self insurers is 4-5%. In Florida its approximately 13% of people who self insure. My guess is that is a combination of factors like income level vs. the high cost of insurance here. When you look at deographics of buyers, the older people get the more conservative and risk adverse they become. Villages residents seem to be more affluent than the average, so I would imagine the combination of those factors would mean self insurance here is probably below the national average.
I sure hate hearing that USAA prices are so high. I use to be able to guarentee they could beat any quote for military people. Guess i should stop now.
I learned along time ago they are not less expensive, but their service was good enough to stay with them with the minor price differences. But, this price diffference is too big to over come that.
I assume by roof you mean shingles.. and why do the shingles wear out so fast ? I live in Minnesota and we get 100 feet of snow every year and my shingles have lasted 22 years, so far.. and appear to have a few more years left ? I would guess it is heat related, but figure I would ask in case you know that. Thanks again for the great video. Still working on a life style visit, but taking as many good notes as I can from the you tubers, just in case the visit leads us down a path to move.
I don't really understand it either. I live in Las Vegas and we have cement tile roofs that last forever. The many shingled roofs here seem to be well over 20 years old too. I've asked around and it sounds like the humidity/rain + the heat is a terrible combo and there's plenty of algae growth too. Those factors combined with regular winds mean the lifespan of the roofing materials is shortened to 12-15 years. Which is completely crazy.
They dont wear out that fast. Usually roofs hear last longer because they ever freeze. Its the insurance companies mitigating their risk. Older roofs will show some signs of damage and are more suseptible to damage. This has notthing to do with the quality for the roof, it's has to do with insurance companies not wanting to insure older roofs.
Thank you for this video Dave. From the media reports, it sounded like every homeowner of a single family home in Florida is now paying $5K and up for their homeowner's insurance. Didn't know auto insurance is so expensive in Florida. Shopping around for insurance seems to be one of the keys to saving $.
I have a question with your experience ...have you found roofs with solar panels harder to get insurance and when they do, it's much higher? Just curious if I should pass over homes with solar panels.
Tile roofs are considered 100 year roofs. Still SOME insurance companies are asking for repacement at 20 years. But, you can always find someone to insuare the home.
That is crazy cost for auto insurance! My daughter 19 years old is on my auto insurance and our 6 month premium for 2 vehicles = $500! This is with low deductible and complete coverage!
❤ here comes hurricane Idalia....I will be interested to see how the Villages homeowners do in this storm...
Yup :) So far it doesnt look like it will impact our area too much.
What fantastic content! The whole thing was right on point and well done. Thank you very much. If I decide to move from one house to another in the villages as so many people do, I may just have to contact you. You know, the old thing about having to have a VLS and MLS agent to see everything in the market.
Glad the content is useful! Let me know if you ever need help with your real estate needs.
Great info David, I just got back from the Villages on Thursday night. I'm activity looking for a home. I will email you in the near future to discuss more. I have a Villages sales agent, but looking for a MLS realtor also. Thanks again.
Sounds good, let me know if I can help you out.
How many people in The Villages self-insure?
I live over by Sebastian and don't pay for wind/flood because I'm happy to accept the risk. If i lived in TV I'd feel much more confident to self-insure.
I dont know of any of my clients who self insure, but I am sure that some do. The national average for self insurers is 4-5%. In Florida its approximately 13% of people who self insure. My guess is that is a combination of factors like income level vs. the high cost of insurance here. When you look at deographics of buyers, the older people get the more conservative and risk adverse they become. Villages residents seem to be more affluent than the average, so I would imagine the combination of those factors would mean self insurance here is probably below the national average.
Your free resources are soooo incredibly helpful! Thank you!!
Hi Jan, I am glad you find them useful!
I sure hate hearing that USAA prices are so high. I use to be able to guarentee they could beat any quote for military people. Guess i should stop now.
I learned along time ago they are not less expensive, but their service was good enough to stay with them with the minor price differences. But, this price diffference is too big to over come that.
I assume by roof you mean shingles.. and why do the shingles wear out so fast ? I live in Minnesota and we get 100 feet of snow every year and my shingles have lasted 22 years, so far.. and appear to have a few more years left ? I would guess it is heat related, but figure I would ask in case you know that. Thanks again for the great video. Still working on a life style visit, but taking as many good notes as I can from the you tubers, just in case the visit leads us down a path to move.
I don't really understand it either. I live in Las Vegas and we have cement tile roofs that last forever. The many shingled roofs here seem to be well over 20 years old too. I've asked around and it sounds like the humidity/rain + the heat is a terrible combo and there's plenty of algae growth too. Those factors combined with regular winds mean the lifespan of the roofing materials is shortened to 12-15 years. Which is completely crazy.
Just a cash grab by the insurance companies, in my opinion.
@@noreenn6976 Its a cash grab my homeowners, roofers, and lawyers. The insuarnce companies are defending against fraudulent claims.
@@dibari22 Please, read my reply on the main comment here.
They dont wear out that fast. Usually roofs hear last longer because they ever freeze. Its the insurance companies mitigating their risk. Older roofs will show some signs of damage and are more suseptible to damage. This has notthing to do with the quality for the roof, it's has to do with insurance companies not wanting to insure older roofs.
having to replace 30 year shingle roof after 15 years is just wrong
I agree! But something has to be done with tort reform and not make it so easy for roofers and owners to sue the insurance companies.
Thank you for this video Dave. From the media reports, it sounded like every homeowner of a single family home in Florida is now paying $5K and up for their homeowner's insurance. Didn't know auto insurance is so expensive in Florida. Shopping around for insurance seems to be one of the keys to saving $.
That $5k is at the coast not central florida.
Very informative. Thank you. Also could you send me your updated budgeting tool.
I dont have your email. Please email me at -- davemontysales@gmail.com
I have a question with your experience ...have you found roofs with solar panels harder to get insurance and when they do, it's much higher? Just curious if I should pass over homes with solar panels.
I have this question out the insurance company, stay tuned
is the premium for the car insurance for one or two cars?
2 cars!
I see some village homes with tile roof’s, is it the same deal, every 10-15 year replacement that insurance is looking for?
Tile roofs are considered 100 year roofs. Still SOME insurance companies are asking for repacement at 20 years. But, you can always find someone to insuare the home.
Thanks for another informative video.
Thanks Marty! Looking forward to seeing in the Fall.
Does a block and stucco save money on insurance? Thanks for this video. It was very helpful! I'm looking at The Villages in about 3 years.
Yes about 15%
Good infor. Thank you
You are welcome Freddy.
What a great video!!!
Thank you Lisa!
Great video, Dave. Still happy to be part of your mailing list even though you've already found us the perfect new home!
I dont recognize your TH-cam user name :)
I thought Citizens was the only Insurance company now?
There are several companies that writh policies here, not just Citizens. I had USAA, there is State Farm, All State, I now use Frontline, .....
Dave I would like you budget tool but I can't find you email address.
Hello Jean, my email address is davemontysales@gmail.com