Talk of The Villages Florida - View Single Post - State Farm Umbrella policy renewal...substantial increase
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Old 05-28-2025, 08:30 AM
kkingston57 kkingston57 is offline
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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?
Same policy as yours but not with State Farm. 10 years ago $250. Now close to $800. Do have 4 vehicles including the golf cart