Homepage › Forums › Tower Shores Forum › Adequate Reserves AND Mandatory Homeowners Insurance? › Reply To: Adequate Reserves AND Mandatory Homeowners Insurance?
Thank you for your concerns for the well being of the community and our home values.
Generally speaking I and many other homeowners want LESS RULES!
However, should the board decide to require proof of insurance it is wise to shop our rates as a group for the best options possible. I learned my neighbor was paying 2,000.00 less than me for flood insurance due to when they assumed the property, deductible and so on…for the same 250,000 max of insurance! I called my broker and requested her to shop my policy and she found another A rated company that reduced my premium by 2,000.00!