I own a home in Florida and my current insurance company just informed me that they are increasing the rate by 1000/month. Apparently they sent a letter to my old address a few months ago. I started frantically looking around for alternative insurance but the majority won't take me unless I get a new roof. (My roof is 12y old and the house is 50 y old) I can't afford that right now. I have reached out to Citizens, I am just trying to find other options that will insure an older house. I have considered going without insurance and just investing the 1K /mo into an emergency fund, but that has it's own obvious risks, especially since it's currently rented out. so if any one knows of insurances willing to work with older homes please let me know
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source https://www.reddit.com/r/RealEstate/comments/156k56u/any_suggestions_for_home_owners_insurance_options/
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