question re: insurance Sarasota area (Tampa, Dade City: homeowners insurance, home, subdivision)

[roaring-rox]

Is it going to be hard to get homeowners insurance and also expensive to get in Sarasota? Ironically, I called an insurance agent and asked for a quote on both Sarasota and Dade City (inland town) and it was cheaper in Sarasota (because of sinkholes in Pasco County).

Still, I have a feeling that it probably is expensive to get in Sarasota OR could get out of hand, especially if or when a big one comes through there or the Tampa Bay area (I think the 1921 hurricane that hit Tampa Bay also had a big impact on the Sarasota area, enough to delay John Ringling's dreams of developing the islands down there).

If I was filthy rich this would not be such a worrisome issue to me (same for everyone else).


Anyway, trying to get a reality check on what is going on.

Thanks for any input!

[gypsychic]

Originally Posted by roaring-rox

Is it going to be hard to get homeowners insurance and also expensive to get in Sarasota? Ironically, I called an insurance agent and asked for a quote on both Sarasota and Dade City (inland town) and it was cheaper in Sarasota (because of sinkholes in Pasco County).

Still, I have a feeling that it probably is expensive to get in Sarasota OR could get out of hand, especially if or when a big one comes through there or the Tampa Bay area (I think the 1921 hurricane that hit Tampa Bay also had a big impact on the Sarasota area, enough to delay John Ringling's dreams of developing the islands down there).

If I was filthy rich this would not be such a worrisome issue to me (same for everyone else).


Anyway, trying to get a reality check on what is going on.

Thanks for any input!

Rox, here is the link to a State of Florida site that lets you click on a county and shows you an average rate for a newer block home. Remember, that an older home, or a frame home or one near the water will cost FAR more. Hope this helps!

http://www.shopandcomparerates.com/HOCompareRates.htm

[roaring-rox]

Thanks, gypsychic!

I just printed this out to have at hand to check as I keep comparing places.

Yeah, that is the challenge---to find a new block home where you want that is not part of a subdivision that has high CDDs, HOAs or both.

Anyway, this will help in my eventual decision.

[SoFLGal]

Originally Posted by gypsychic

Rox, here is the link to a State of Florida site that lets you click on a county and shows you an average rate for a newer block home. Remember, that an older home, or a frame home or one near the water will cost FAR more. Hope this helps!

Compare Homeowner's Insurance Rates

Wow! Nice website. It shows Olympus as the lowest rates in Sarasota county. I shopped around quite a bit and went with Olympus. I think they are relatively picky on who the insure, the age of the home is a big deal for them.

My home is 2127 under air, built in 2003 and my insurance is $850 a year which I thought was great. I was with Edison and it was $1987 per year, same policy with Olympus and it dropped more than half.

[hdzup3]

this was so great to see!