This week, hundreds of homeowners in a 55+ living community, known as Century Village, in Pembroke Pines, Fla., gathered together to protest an increase in their monthly housing fees due to skyrocketing insurance costs, as several insurers flee the state.
Homeowners were sent an email from Century Village that they’d have to pay an additional $100 to $200 a month due to “skyrocketing insurance premiums,” adding a potential special assessment for some units, according to NBC6, a local TV news outlet in South Florida that was first to report the incident. Footage shown in the TV segment shows several residents crowded together, visibly upset and shouting (although it’s unclear what exactly they’re saying). However, it seems that the protest escalated and police were called. Still, one resident told NBC6 reporter Laura Rodriguez that the increase in costs is forcing him to sell his home.
“So now we are over $700 a month that we are paying just in HOA fees, and they’re going to kick it up to $1,000 a month,” the resident told the reporter. “We have no choice, we have to sell. As a matter of fact, I just put my house on the market 10 minutes ago.”
Residents at the 55+ community Century Village Pembroke Pines said they’ll be paying $100-$200 more due to
Protest broke out at a 55+ Florida community over skyrocketing home insurance premiums: ‘We have no choice, we have to sell’
