Talk of The Villages Florida - View Single Post - Double digit increases in home owners insurance
Thread: Double digit increases in home owners insurance
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Old 10-12-2013, 02:57 AM
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TrudyM TrudyM is offline
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Location: Bought Tamarind Grove, Mercer Island Wa, previously NH,FLA,Hi,CT,CA,GA, Hubby from Hawaii
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Originally Posted by villagerjack View Post
Some company's "offer" what they call " inflation protection" which means your coverage goes up each year along with your premium. You will NEVER likely get the amount you are insured for even if your house blows away because the "protection increase" usually exceeds any increase in the homes value. Ihave ASI here with sinkhole and I am very satisfied.
Yes that is what was happening to me. I reminded them the lot doesn't burn and the real value of my place was the view lot. So I switched companies. I mean Allstate insisted on insuring us for $400 a square foot get a grip. Maybe it has to do with the region but here they were just nuts. That was in 2010 maybe they have changed.
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Last edited by TrudyM; 10-12-2013 at 12:59 PM.