Florida

mitch96

(14,827 posts)

5. It's not only the direct insurance costs... The indirect costs due to threats from insurance companies.

Fri Dec 27, 2024, 12:30 PM

Dec 27

Our insurance company said we need a new roof. The roof was 19 years old. It was warrentied by the roofing tile mfg for 25 years. The insurance company said that they believed that number was inflated. They said it was only good for really only 20 years. So now we only had a one year life on the roof and the insurance company said it had to be replaced or THEY COULD NOT INSURE US.
Gun to the head maybe?
So we went ahead and and got a new roof and along with that a healthy "special assessment".
Even with the new roof we are expecting a rise in insurance costs..
So it's not only the direct cost of insurance.
What are you gonna do and where are you gonna go? "They" got you by the short hairs..
uff
m

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