Talk of The Villages Florida - View Single Post - Progressive Insurance Renewal Quote - TOTAL SHOCKER!!
Thread: Progressive Insurance Renewal Quote - TOTAL SHOCKER!!
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Old 01-14-2023, 08:14 PM
DAVES DAVES is offline
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Originally Posted by DALEPQ View Post
Have just received the renewal notice for Home Owners Ins. from Progressive.
Have had them since 2020. Never had one claim at all.
2020 Premium- $693.; 2021-$755.; 2022- $916.; 2023 Renewal Quote $1,883. WOW!!
105% Increase, for NO changes in coverage, and NO claims. Yes, TOTAL SHOCKER!!
No doubt hurricanes have affected this!
Is this what has been happening to Home Owners Ins. in T.V. and or all FL??
What have others experienced for rate changes??
Thanks for your replies.
Far as insurance, they go by a risk table. Not every company uses the same table. So it is wise to shop around. Since 2020, that does not matter at all. Actually they often offer better deals to new customers, to attract new business. Not just shopping other companies, might be wise to call your present company ask if it is an error? Ask why? You can lessen insurance cost by raising the deductible-you self insure smaller claims up to the deductible.