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Updated 10 months ago on . Most recent reply

User Stats

14
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0
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Pedro Florentino
  • Investor
  • Miami, FL
0
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14
Posts

Insurance on new construction vs older homes

Pedro Florentino
  • Investor
  • Miami, FL
Posted

Hello everyone, 

I have a home that was build in 1929 and in great condition.  I live in Miami and insurance is extremely high.  I spoke with my agent and one of the reasons is that the house is an older house.  Considering the option of tear down and build a new house, I was wandering if there's an average percentage difference in insuring a new home vs an older house?  

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