Quote:
Originally Posted by DALEPQ
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.
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YES - Just received my first renewal notice from Progressive - Up from $724 to $1399 - no changes to coverage levels or any claims. Outrageous they I / We have to pay premiums for the rebuilding of waterfront homes on FL coasts that we do not own or enjoy. Those wealthy homeowners should be covering their premiums on their own.