That’s spot on.smitcat wrote: ↑Sun Oct 02, 2022 2:23 pmJust a reminder - you cannot compare insurance across an entire state, or from home to home, or from one policy to another.Nyc10036 wrote: ↑Sun Oct 02, 2022 2:15 pmOh, in that case, better phrasing is It was up a little bit to about $1400.
In Florida and NY home insurance can vary by 300% on very similar homes with the same policy dependent upon their exact location.
In Florida two homes next door to one another with the exact same coverage can have variable rates of up to 250% dependent upon their construction.
With that said a home in NY and a home in Florida with very similar coverage and value can have very similar costs.
YMMV.... because of exact location, specifics of the policy, and exact construction of the home.
A couple of years ago I was talking to my neighbor across the street.
This was when my insurance was with one of the better known companies in FL and about $2800.
He told me his insurance was $1160 and I said surely you don’t have hurricane insurance then but he said he did.
He sent me a copy of his declarations page and sure enough he did. His insurance company has since dropped him and is no longer writing new policies.
Another friend a few blocks away pays about $1600.
When the company I was with dropped me my then agent couldn’t find anything less than $5600 so once again I’m with Citizens.