Insurance policy -- roofing in JAX

[Chris Huang]

Recently purchased SFH (32244), State Farm quoted us $940 (loyalty discount rate) for property insurance.

State Farm contacted us this week to inform us that they will no longer carry our policy in 14 days due to the 4-point inspection (roof).  Their underwriters aren't comfortable with insuring a property when the lifetime expectancy for roofs are typically 20 years, we have 2-3 years warranty left.  The townhouse was built in 2003 and the roof looks to be in excellent condition with no issues, as per inspector. However, inspection report can only reference to when permits were pulled or when the house was built (18 years ago).

I'll need to find another insurance company or possibly install new a roof.  

Any suggestions or similar experience?

Thank you.  

[Jack Bobeck]

Just some insight - I got my renewal from Universal Property & Casualty - I went threw Daniel Miller at Brightway Ins for him to find me a good deal since I went through this last year with companies cancelling the insurance at rental properties. So UPC was $1256 last year for my 3/1 property in Murray Hill. This year they want $1487. So I called Security First (call them don't use the estimator online) and my quote came out to $1163. I have had Security First in the past as well. Good insurance. But I do miss the days of $600 insurance for rental properties. Its crazy out there.