Quote:
Originally Posted by gatorbill1
They won't insure a Sumter County home over 10 years old.
|
I was told by State Farm office in the Villages a year ago that my 2006 home had a roof over 15 years old and State Farm would not insure. My Progressive Insurance policy had just gone up to $4100. I ended up at about $2500 with Allstate with the requirement that I also insure my cars with them. Roof age was not an issue but may have influenced rate.
This year Allstate raised rate to about $3300 so I am searching again. I opened an inquiry on the net and got many responses.
Most interesting was recent response from the State Farm. I was told that current State Farm philosophy is that roofs should have a life of 20 to 30 years. However, they require a 4 point inspection of the house by a non State Farm agent to insure condition, and that is submitted to State Farm Underwriters for review and hopefully approval.
My 4 point inspection occurred today. They inspected plumbing, AC /heat, Electrical and Roof. Interestingly, the roof inspection was done by drone. I received a copy of the report submitted to State Farm and it said roof is good for five years. Underwriters must approve.
I was told that I could improve life by replacing Shingle caps, but that would be my decision.
Any way am waiting underwriting approval. I have agreed to move my two cars to State Farm. If accepted rate decrease from current is about $1500.
This is current, actual, and pending. I would say give State Farm a Chance . So what if they ask for Roof inspection verification. Better than auto 15 yrs and out.