
06-09-2022, 11:45 AM
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Sage
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Join Date: May 2013
Location: South of 466a, if you don't like me.......I live in Orlando.
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Quote:
Originally Posted by Rainger99
If you have $250,000 coverage and the judgment is for $5 million, the first $250,000 would come from Geico. I read everyday about home insurance rates going up because the homeowner's insurance had to pay $15,000 - $20,000 for a new roof. If paying $15,000 to $20,000 causes your home insurance to go up, I would expect that paying $250,000 would cause rates to go up even more.
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You really should delete your post.
 
It's not paying $20k for a roof that is causing rates to go up.............it's paying for THOUSANDS of new roofs.
 
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