Avoid skyrocketing insurance and HOA fees with a move to senior living.

At American House Coconut Point, you’ll find a friendly, comfortable lifestyle in a warm and welcoming environment. We simplify life for our residents, so they enjoy the independence that comes from living maintenance-free with locally sourced, chef-prepared meals, full-service amenities, and personal, regularly scheduled transportation. With a robust calendar of social activities and events, beautiful grounds and quiet spaces, you can focus on staying healthy and active while building rich, lasting friendships.

The benefits of senior living at American House are clear if you’ve been paying attention to what’s happening with property insurance and homeowners’ association fees (HOA). Due to the catastrophic hurricane season of 2022, it’s increasingly obvious that life in South Florida is fast becoming more expensive. It’s estimated that Hurricane Ian resulted in $60 billion in insured losses alone. According to the National Hurricane Center, Hurricane Ian caused $112 billion-plus in damages and sent shockwaves through the insurance industry. Florida carriers have seen their risk transfer pricing surge, with rate increases averaging between 30% and 50% for the year. Six insurers went solvent in Florida last year alone, with most of them saying the decision was based on risk exposure in the hurricane-prone state. At the end of 2022, average annual property insurance premiums had already risen to more than $4,200, three times the national average, and are still on the rise.

Homeowners’ association (HOA) dues are also expected to increase significantly, unveiling a new reality in South Florida. With these soaring hurricane-induced premiums, Florida is becoming unaffordable for many homeowners, especially when you consider the hurricanes are becoming stronger and more frequent. Many homeowners are still waiting on insurance claims from Hurricane Ian and still struggling to find a way forward.

At American House Coconut Point, our residents enjoy a sense of satisfaction, knowing expenses will not be going up every month and premiums stay in pocket. Our residents’ days are filled with choices, whether it’s catching a movie in our cinema-style theater or socializing in our popular screened-in lanai overlooking our resort-style swimming pool. With our private and affordable apartments and onsite physician and therapy services, our residents enjoy peace of mind in a place they’re happy to call home. We invite you to schedule a tour of our community, where new experiences happen daily, and new friends are ready to be made.