Talk of The Villages Florida - View Single Post - State Farm Umbrella policy renewal...substantial increase
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Old 05-27-2025, 10:38 AM
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Quote:
Originally Posted by billethkid View Post
Yes it seems like everything is going up but today's surprise.....annual renewal of State Farm umbrella policy with a 42% increase over last year. The policy is a standard $1,000,000 policy.
The reason given was since there has been no significant increase over recent years and increasing claims they are just "...catching up...".

I advised them it was time to start shopping.

Any similar experiences with Umbrella coverage?
Welcome to Florida, the highest property insurance rate in the U.S.
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