Homeowner's Insurance (Jupiter: 2014, renting, credit)

[cptcatz]

Hi, my wife and I recently moved to Boca from NJ and have been renting. Last week we had a house purchase offer accepted and are now in the escrow period. The house is 2,100 SF, single story, CB construction, built in 1980, and all windows/doors have shutters or impact glass except for the garage door which is not hurricane protected. House purchase was $450,000.

I was told by various people in the past few months that homeowner's insurance would likely be around $2,000-3,000 a year. However today I started shopping around and found that a handful of companies (State Farm, Liberty Mutual) won't even give us insurance in the first place, others (USAA, Geico) were between $6,000-8,000 a year, and I finally found the cheapest one (Universal Direct) for about $5,200.

I was totally shocked and the prices. I understand the hurricane situation but wasn't expecting such high costs. My question is, is this normal?

[boston904]

We moved to Jupiter and had a house built in 2014. It had all the latest requirements by the insurance company. We had shutters instead of impact windows which was the same to our insurance company. We had a SFH One Story 2000sf CBS. Our insurance for home and property was $2000 a year. We sold the house in July of 2016. I know that a neighbor of mine told me that in 2016 their home which was new also that their insurance went to $2500. I don't doubt that a 1980's home would be double with the hurricanes that and bad weather that we have had. I'm guessing a lot of people in Florida don't even have any insurance at all. Hope this helps Tom

[skylinet]

Pretty sure if any of the openings are not hurricane protected (windows, doors, garage doors) you don't get the full credits.
Im assuming you have a wind mit done?

Ask your insurer what it would be if you had a hurricane rated door.

[marmsd1]

This was our experience. ALL windows and doors must be rated or you don't get the credit.

[Bob_Brasher]

Do your research before buying, then no shock