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 01-15-2023, 07:17 AM
hoot2602 hoot2602 is offline
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Default increased insurance costs
Quote:
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.
I would immediately go out to at least 3 other carriers and ask them for a quote. I do this for each renewal that has such a huge increase.