Quote:
Originally Posted by BobnPeg
We moved toTV last October,our policy was $1576.00 we just received the bill for next year, $2020.00 up $444.00 (28%).The house was built 2006 still has original roof.
From what I've been reading rate hikes are happening to many homeowners. My question is does this sound like the norm or high? I would like some thoughts if I should just renew and see what happens next year or start looking for a new company.
Would appreciate any input from anyone who has been this. Thanks
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By all means look for a new company. But if you have an old roof(which you do) or an old house or submitted a claim in the last XXX years, you probably won't find one.
I have US Coastal Property and Casualty. in the last three years it has gone from $1095 to $1692 to $2242 (this year). I do have the sinkhole insurance.