Kin insurance increase!?

[NorineBerlinski]

I use Kin Insurance for my home. I paid $511 in 2021 and they want $1,819 in 2022. I called them and by adjusting some deductibles was able to lower it to $1,414. She said this was happening to everybody due to hurricanes, inflation, blah, blah, blah. Has anyone else experienced this and any recommendations on cheaper insurance.

[MrFlorida]

Yes. Welcome to the club.

[melpetezrinski]

I use Kin Insurance for my home. I paid $511 in 2021 and they want $1,819 in 2022. I called them and by adjusting some deductibles was able to lower it to $1,414. She said this was happening to everybody due to hurricanes, inflation, blah, blah, blah. Has anyone else experienced this and any recommendations on cheaper insurance.

I have Kin Insurance on my primary and a rental, in which, both are up for renewal in August. My primary is $612 (high deductibles and minimal coverage) and the initial renewal was for $908. I calmly e-mailed back stating this is unacceptable and that I will be cancelling unless you call me with a lower premium. In a few days, they came back with $807 by covering Personal Property at Actual Cash Value instead of Replacement Cost, changing Water Damage from Full to Limited and loss of use from 20% to 10%. I said this was not enough, so they "sharpened their pencil" and came back with $678 if Hurricane Deductible was increased to 10%. Now, these are very risky deductibles and coverages but that is how I view insurance.

On the rental, the current premium is $443 with a renewal rate of $854. Once again, I e-mailed back, as I was not interested in playing their games. They said we could change All Other Peril Deductible from $2,500 to $5,000, Change Water Damage from Full to Limited and cover Personal Property at Actual Cash Value instead of Replacement Cost. This lowered the premium to $808. What I noticed on the renewal was a roof surfacing payment schedule with this language, "We are adding this endorsement to your policy because your roof has reached a certain age." THE ROOF IS TWO YEARS OLD. I'm waiting to hear back.

Kin is unfortunately playing games and you need to be aware of what coverages are costing what amounts and where you can scale back to align with your risk tolerances.

[Babubhat]

When was the last time TV had a hurricane? Thought 2015 it was tropical storm by time it reached here. 75 percent of my premium is for hurricane. Ridiculous

The Villages, FL - Hurricane Information & Risks | Homefacts (https://www.homefacts.com/hurricanes/Florida/Marion-County/The-Villages.html)

[Blueblaze]

Expect the entire Florida Insurance Cartel to respond in the same way to the new law that prevents them from rejecting perfectly serviceable roofs on the basis of age. They're in a snit because they can't force you to buy a new roof every ten years.

The solution is competition from the majors, but those morons are convinced that the entire state of Florida is just one big suburb of Miami. Most of them are based closer to new Jersey than we are from an ocean, but even when they all lost billions insuring a bunch of poorly-built homes from a little cat 1 storm named "Sandy" a few years ago, not a single one pulled out of New Jersey. For crying out loud, the entire state of New Jersey is closer to the ocean than we are! Our homes are 80 miles from the coast and built to wind-mitigation standards, but the morons at the majors treat us like The Villages is on stilts at Miami Beach.

So we're at the whims of a cartel of no-name little fake insurance companies based in Florida, who probably couldn't pay a claim, anyway. And THEY'RE TOO DUMB to realize that the solution to a 15 year old roof is JUST DON'T INSURE THE DAMN THING AT FULL REPLACEMENT VALUE! Much simpler to hike your rates so you're write your congressman to repeal the new law, than to do the math and create a damned depreciation table!

Dumb... dumber... DUMBEST!

[rjm1cc]

Seems high. Try AAA (auto co)

[Stu from NYC]

Or Allstate (who we use) or Village Insurance

[Nucky]

Didn't you sense something is wrong with KIN? Might as well insure with Freddie Fudpucker Insurance Co.

Do yourself a favor and call around, check out at least 5 others companies and get the coverage you want. Lowering coverage to get the desired premium doesn't seem very good to me. Good Luck.

[Babubhat]

Try heritage insurance. Online quote in one day

[Bogie Shooter]

I use Kin Insurance for my home. I paid $511 in 2021 and they want $1,819 in 2022. I called them and by adjusting some deductibles was able to lower it to $1,414. She said this was happening to everybody due to hurricanes, inflation, blah, blah, blah. Has anyone else experienced this and any recommendations on cheaper insurance.

Will there be a third thread tomorrow?

[RVJim]

Expect the entire Florida Insurance Cartel to respond in the same way to the new law that prevents them from rejecting perfectly serviceable roofs on the basis of age. They're in a snit because they can't force you to buy a new roof every ten years.

The solution is competition from the majors, but those morons are convinced that the entire state of Florida is just one big suburb of Miami. Most of them are based closer to new Jersey than we are from an ocean, but even when they all lost billions insuring a bunch of poorly-built homes from a little cat 1 storm named "Sandy" a few years ago, not a single one pulled out of New Jersey. For crying out loud, the entire state of New Jersey is closer to the ocean than we are! Our homes are 80 miles from the coast and built to wind-mitigation standards, but the morons at the majors treat us like The Villages is on stilts at Miami Beach.

So we're at the whims of a cartel of no-name little fake insurance companies based in Florida, who probably couldn't pay a claim, anyway. And THEY'RE TOO DUMB to realize that the solution to a 15 year old roof is JUST DON'T INSURE THE DAMN THING AT FULL REPLACEMENT VALUE! Much simpler to hike your rates so you're write your congressman to repeal the new law, than to do the math and create a damned depreciation table!

Dumb... dumber... DUMBEST!

I love rants like this. Name calling “moron” “dumb” lots of capital letters (shouting). Keep ranting .. they have a product (insurance) that you want or need. They do business where they can make money. Insurance isn’t a charity so stop wailing about “the majors” not wanting to write insurance where they expect to lose money. Socialism is not part of the insurance business model. If you can’t afford to live in TV, just say that and move.

[mrf0151]

Sounds like you got sucked in by Kin. They have for over a year now been bombarding our mailboxes with how great and low priced they are. Looks like many got sucked in. There may be a greater chance of your home have sinkhole issues compared to storm damage. When you change homeowners' insurance you very likely lose your sinkhole coverage. Check your policies.
We have had Travelers for 16 years here now and they have been terrific, both in service and pricing.

[defrey12]

I use Kin Insurance for my home. I paid $511 in 2021 and they want $1,819 in 2022. I called them and by adjusting some deductibles was able to lower it to $1,414. She said this was happening to everybody due to hurricanes, inflation, blah, blah, blah. Has anyone else experienced this and any recommendations on cheaper insurance.

Who is Kin Insurance? Maybe try a name company? USAA has NEVER instituted such an increase, or much of any increase for that matter. Nor, dare I say, has any reputable insurance company.

[Babubhat]

Not unusual. I have seen a few companies bury in fine print the first year has a one time discount to switch.

[Nucky]

If there is a third and fourth thread I’ll read them. Not everyone has been posting on here since the world was flat.

Better to teach them the correct way to do it, no? Wish I knew how, I would teach them!

[oneclickplus]

I use Kin Insurance for my home. I paid $511 in 2021 and they want $1,819 in 2022. I called them and by adjusting some deductibles was able to lower it to $1,414. She said this was happening to everybody due to hurricanes, inflation, blah, blah, blah. Has anyone else experienced this and any recommendations on cheaper insurance.

That's why you see all those commercials that you can "save $812" by switching. Constantly checking and switching is the only way to keep them honest. They all do this ... raise rates on existing customers hoping they won't budge. Time to move on.

[retiredguy123]

I have had Progressive for 6 years with no large increases.

[Petersweeney]

I love rants like this. Name calling …….If you can’t afford to live in TV, just say that and move.

(Works for insurance company)

[Cherstubbs]

I use a Geico for home and auto insurance. Reasonable, responsive, accessible company. Hurricanes are a real threat to central Florida. I had some damage during the last hurricane in 2017 (roof, siding, garage door, bedroom window blown out, screening on birdcage destroyed). Geico was great!! Less my deductible, all repairs covered and I could use my own vendors! If knew to The Villages, take all weather seriously. I moved her in 1998 (now live near Brownwood) but have gone through 3-4 hurricane and a bad tornado
. Just sharing some of my history! Good luck!

[pauld315]

Your neighbor didn't thank you for his new free roof they scammed from the insurance company ? Like lunch, there is no such thing as a free roof.

[Pachine58]

Read the BBB reviews and other reviews, chose not to buy. Sounds like a bait and switch company. Most complaints is they deny claims till you have to fight them or give up.

[Lancer]

When was the last time TV had a hurricane? Thought 2015 it was tropical storm by time it reached here. 75 percent of my premium is for hurricane. Ridiculous

The Villages, FL - Hurricane Information & Risks | Homefacts (https://www.homefacts.com/hurricanes/Florida/Marion-County/The-Villages.html)

Last hurricane was Irma in 2017. Supposed to close on my home the day it came through and was rescheduled. It was a Cat. 1 when it came through Lakeland. I believe it was either a cat 1 or very strong TS when it reached The Villages.

[Babubhat]

///

[toeser]

Who is Kin Insurance? Maybe try a name company? USAA has NEVER instituted such an increase, or much of any increase for that matter. Nor, dare I say, has any reputable insurance company.

I have tried to get insurance from "name companies." Hardly any will write new policies in Florida. They probably are witnessing all the roof fraud going on in Florida.

[Babubhat]

It is actually the law in Florida for all insurance companies to offer hurricane deductibles. These deductibles must be $500, 2%, 5%, or 10% of the home’s value (with some exceptions–ask your insurance provider). You will only have to pay this deductible annually per season—not for every storm that pops up

•The legal definition of “hurricane coverage” in Florida actually only refers to “windstorm damage” sustained during a hurricane. For example, if your roof is damaged by high winds during a hurricane, you’re covered. If it is damaged badly enough that rain reaches the interior and causes damage, that’s covered too.

[champion6]

I have had Progressive for 6 years with no large increases.Progressive bought ASI a few years ago. I have had ASI/Progressive for home insurance since we built in 2011. No large increases during that time. My renewal came last week -- 48% increase.

[Babubhat]

No loyalty. Their quote says they don’t want you business.

Geico would not even quote even though had other policies with them. Got rid of them

[srockey]

Out insurance did not Increase. We have Farm Bureau. Our roof was redone about 3 years ago to new code standards. The age of your roof and whether it is up to current code are big factors.


I use Kin Insurance for my home. I paid $511 in 2021 and they want $1,819 in 2022. I called them and by adjusting some deductibles was able to lower it to $1,414. She said this was happening to everybody due to hurricanes, inflation, blah, blah, blah. Has anyone else experienced this and any recommendations on cheaper insurance.

[Blueblaze]

I love rants like this. Name calling “moron” “dumb” lots of capital letters (shouting). Keep ranting .. they have a product (insurance) that you want or need. They do business where they can make money. Insurance isn’t a charity so stop wailing about “the majors” not wanting to write insurance where they expect to lose money. Socialism is not part of the insurance business model. If you can’t afford to live in TV, just say that and move.

Cartels are the exact opposite of Capitalism. And it's not a rant when you SPELL OUT THE SOLUTION.

You don't expect Allstate to buy you a new car if you wreck your 15 year old Chevy. So why do you expect your Florida-Fly-By-Night insurance company to buy you a new roof every time some crook tells you the last storm loosened a few of your 15-year-old shingles?

I can answer that -- BECAUSE THAT'S THE POLICY THOSE MORONS INSIST ON SELLING YOU.

Quit pretending this rigged game is "Capitalism". The reason the majors won't insure your Florida roof is the obscene level of corruption in the Florida insurance industry. I never had trouble getting insurance on my Houston home -- and that house was 30 miles closer to the ocean and wasn't built out of concrete and steel.

End these stupid "full replacement cost" policies, and you will see the Florida insurance market start to resemble the other 49 states where the majors DON'T REFUSE TO DO BUSINESS.

[dyoder66@aol.com]

I use Kin Insurance for my home. I paid $511 in 2021 and they want $1,819 in 2022. I called them and by adjusting some deductibles was able to lower it to $1,414. She said this was happening to everybody due to hurricanes, inflation, blah, blah, blah. Has anyone else experienced this and any recommendations on cheaper insurance.

Try Farmers, I saved 1200 year with them.

[RVJim]

Cartels are the exact opposite of Capitalism. And it's not a rant when you SPELL OUT THE SOLUTION.

You don't expect Allstate to buy you a new car if you wreck your 15 year old Chevy. So why do you expect your Florida-Fly-By-Night insurance company to buy you a new roof every time some crook tells you the last storm loosened a few of your 15-year-old shingles?

I can answer that -- BECAUSE THAT'S THE POLICY THOSE MORONS INSIST ON SELLING YOU.

Quit pretending this rigged game is "Capitalism". The reason the majors won't insure your Florida roof is the obscene level of corruption in the Florida insurance industry. I never had trouble getting insurance on my Houston home -- and that house was 30 miles closer to the ocean and wasn't built out of concrete and steel.

End these stupid "full replacement cost" policies, and you will see the Florida insurance market start to resemble the other 49 states where the majors DON'T REFUSE TO DO BUSINESS.

It is a rant. Nonetheless you don’t spell out a solution just a long emotional tirade of name calling and shouting. Your outburst reminds me of my five year old grandson when he loses at MineCraft. Maybe you should move back to Houston where the insurance market and rules are more to your liking. If you stay here I fear you will burst an artery with all of this pent up anger at the insurance “cartel”. HO insurance in Florida is capitalism at it most darwinian finest.

[EdFNJ]

I use Kin Insurance for my home. I paid $511 in 2021 and they want $1,819 in 2022. I called them and by adjusting some deductibles was able to lower it to $1,414. She said this was happening to everybody due to hurricanes, inflation, blah, blah, blah. Has anyone else experienced this and any recommendations on cheaper insurance. YIKES! That's crazy but not unheard of. Nope. After reading similar topics over the last year I was braced for a pounding this July but it didn't happen. My rate went up about $60 on our July 1st renewal. It's a wood frame 2/2 about 13yrs old with ~9 yr old roof (seems it was replaced under mfg recall warranty of some sort a few years before we moved in in Jan 2017). Still under $900 w/full (maximum) coverages from Traveler's including sink hole. This is our 3rd renewal. IIRC we started out at around $780. Knock plastic, I hope it continues this way!

[PJackpot]

I use Kin Insurance for my home. I paid $511 in 2021 and they want $1,819 in 2022. I called them and by adjusting some deductibles was able to lower it to $1,414. She said this was happening to everybody due to hurricanes, inflation, blah, blah, blah. Has anyone else experienced this and any recommendations on cheaper insurance.

I just got my renewal from Southern Oak Insurance Company. $604 for the year. It went up about $30 from last year.

[irishwonone]

i have tried to get insurance from "name companies." hardly any will write new policies in florida. They probably are witnessing all the roof fraud going on in florida.
bingo!!!!!

[nn0wheremann]

I use Kin Insurance for my home. I paid $511 in 2021 and they want $1,819 in 2022. I called them and by adjusting some deductibles was able to lower it to $1,414. She said this was happening to everybody due to hurricanes, inflation, blah, blah, blah. Has anyone else experienced this and any recommendations on cheaper insurance.
Farmers.

[Luggage]

they STILL concider it as a hurricane so you lose out.



When was the last time TV had a hurricane? Thought 2015 it was tropical storm by time it reached here. 75 percent of my premium is for hurricane. Ridiculous

The Villages, FL - Hurricane Information & Risks | Homefacts (https://www.homefacts.com/hurricanes/Florida/Marion-County/The-Villages.html)

[OhioBuckeye]

Think about how our society is going down the tubes then you tell me why you think everything is getting way out of hand. I can’t say because if I do I’ll get banned.

[kkingston57]

When I 1st heard about Kiln, they reminded me about pricing for phones, cable tv and internet. Bait and then increase. To answer your ? suggest you go to an independent agent. They represent multiple carriers and can get you best price from their clients. This situation is not going to improve.

On the bright side we are paying 75% less than if you live near the coast.

[kkingston57]

When was the last time TV had a hurricane? Thought 2015 it was tropical storm by time it reached here. 75 percent of my premium is for hurricane. Ridiculous

The Villages, FL - Hurricane Information & Risks | Homefacts (https://www.homefacts.com/hurricanes/Florida/Marion-County/The-Villages.html)

Actually 2017 when hurricane Irma struck Fl. Problem is that people in TV are paying for the risks of Florida and we are paying for damages that occur in other parts of the state and all of the ?able roof claims in Central Florida.

Check to see how many national insurance companies provide insurance for Floridians. Not too many. They stopped doing business in Florida after hurricane Anrew in 1992.

[Babubhat]

Insurance companies should be cleaning up on the premium float now that interest rates are increasing

[DAVES]

I use Kin Insurance for my home. I paid $511 in 2021 and they want $1,819 in 2022. I called them and by adjusting some deductibles was able to lower it to $1,414. She said this was happening to everybody due to hurricanes, inflation, blah, blah, blah. Has anyone else experienced this and any recommendations on cheaper insurance.

My mother used to work for an insurance broker, many years ago. Simply stated. You can save money by increasing deductibles in plainspeak you are self insuring till a loss gets above the deductible that you agreed to. People think, I've been a customer for years as a loyal customer they give me better rates. Reality is they often give better rates to a new customer to attract them from another insurer. There is more to it than what you pay.
Insurance companies are rated by how easy they are to deal with IF YOU HAVE A CLAIM.
The cheapest is not always the BEST VALUE. I'm not an insurance expert. I've never heard of Kin insurance, that does not mean it is good or bad. I would set up an appointment, bring your current policy and discuss it with a broker. If, you do not have a mortgage, you can choose to self insure the entire value. Hurricane, inflation etc etc you then only need to call your bank balance.

[Blueblaze]

It is a rant. Nonetheless you don’t spell out a solution just a long emotional tirade of name calling and shouting. Your outburst reminds me of my five year old grandson when he loses at MineCraft. Maybe you should move back to Houston where the insurance market and rules are more to your liking. If you stay here I fear you will burst an artery with all of this pent up anger at the insurance “cartel”. HO insurance in Florida is capitalism at it most darwinian finest.

Maybe you just can't read, so here is the solution, spelled out, yet again:

D-E-P-R-E-C-I-A-T-I-O-N.

So far, you've accused me of being a communist, being too poor to live here, and being a five-year-old. Interestingly, the censors haven't said word one about your personal attacks.

The one thing you HAVEN'T done is poke a single hole in my argument.

Seriously, when someone defends such obvious corruption so vigorously, you have to wonder at the source. And the fact that you get to break the rules with abandon makes me wonder if there's a sponsorship aspect here.

Should we call you "Roofer Jim"? Or maybe Kin Jim?

[EdFNJ]

My mother used to work for an insurance broker, many years ago. Simply stated. You can save money by increasing deductibles What you mother's employer said is true except when your rate goes from $500+ to $1800+ as was the OP's case lowering deductibles won't make a hellava lot of difference. I don't think paying that much more every year would make any "good" insurance company that much more worthwhile having than a "mediocre" one considering the odds of a major claim happening. Insurance is basically based on odds ..... so not having any is probably a tough bet to make.

[RVJim]

Maybe you just can't read, so here is the solution, spelled out, yet again:

D-E-P-R-E-C-I-A-T-I-O-N.

So far, you've accused me of being a communist, being too poor to live here, and being a five-year-old. Interestingly, the censors haven't said word one about your personal attacks.

The one thing you HAVEN'T done is poke a single hole in my argument.

Seriously, when someone defends such obvious corruption so vigorously, you have to wonder at the source. And the fact that you get to break the rules with abandon makes me wonder if there's a sponsorship aspect here.

Should we call you "Roofer Jim"? Or maybe Kin Jim?

Mmm I never said you were a communist. I see you are now resorting to conspiracy theories. We all know the path that line of thinking takes us on.

I have poked holes in your arguments you just don’t seem to be “pickin’ up what I’m layin’ down”. Reread my first reply to your first post slowly and work on comprehension.

[OhioBuckeye]

Guess I didn’t understand why Ins. rates went up so much, to me this is a pretty hefty jump in rates!

[kkingston57]

Maybe you just can't read, so here is the solution, spelled out, yet again:

D-E-P-R-E-C-I-A-T-I-O-N.

So far, you've accused me of being a communist, being too poor to live here, and being a five-year-old. Interestingly, the censors haven't said word one about your personal attacks.

The one thing you HAVEN'T done is poke a single hole in my argument.

Seriously, when someone defends such obvious corruption so vigorously, you have to wonder at the source. And the fact that you get to break the rules with abandon makes me wonder if there's a sponsorship aspect here.

Should we call you "Roofer Jim"? Or maybe Kin Jim?

I was in the insurance adjusting biz in Florida for over 40 years. Worked for a company and as an indendent adjuster. There are a few insurance companies in Florida who have what I would describe as "shady" adjusting rules. These companies have a much higher % of litigated claims and when the insurance company loses a case they pay out 3-4X more than if they paid the claim.

In Florida there is very little corruption by insurance companies. They are highly regulated and if a good plaintiff attorney gets wind of "corruption" they can and will file suit against the insurance company and their probablitity of winning is high. For this reason and other reasons there is a high failure rate of insurance companies in Florida. Bet anyone can find more corrupt lawyers, public adjusters, roofers, general contractors than insurance companies. They have a lot more incentive to be corrupt than insurance companies.

Regarding depreciaition, Florida has had Replacement Cost Policies(RCV) for long before I was in the biz. They are the most popular policy out there and they are not going to go away. Policies that pay ACV(Depreciaton) can be bought but they are not very popular. Most people if they have a legitimate insurance claim would not be able to pay the full cost of repairs to their home. Depreciation might be a good idea on these ?able roof claims but hardly anyone wants to buy this type of policy.

[Blueblaze]

I was in the insurance adjusting biz in Florida for over 40 years. Worked for a company and as an indendent adjuster. There are a few insurance companies in Florida who have what I would describe as "shady" adjusting rules. These companies have a much higher % of litigated claims and when the insurance company loses a case they pay out 3-4X more than if they paid the claim.

In Florida there is very little corruption by insurance companies. They are highly regulated and if a good plaintiff attorney gets wind of "corruption" they can and will file suit against the insurance company and their probablitity of winning is high. For this reason and other reasons there is a high failure rate of insurance companies in Florida. Bet anyone can find more corrupt lawyers, public adjusters, roofers, general contractors than insurance companies. They have a lot more incentive to be corrupt than insurance companies.

Regarding depreciaition, Florida has had Replacement Cost Policies(RCV) for long before I was in the biz. They are the most popular policy out there and they are not going to go away. Policies that pay ACV(Depreciaton) can be bought but they are not very popular. Most people if they have a legitimate insurance claim would not be able to pay the full cost of repairs to their home. Depreciation might be a good idea on these ?able roof claims but hardly anyone wants to buy this type of policy.

Name one company that offers a policy on the depreciated value of a roof. I couldn't find a single one.

If you can afford to replace your roof every ten years for a full-replacement policy, then you can damn sure afford to replace it when it needs it, and pay half the cost to insure it. DO THE MATH. Whats the point of paying $15,000 to buy a roof you don't need, just so you can pay $2000/year to insure it? In 7.5 years, that's a new roof!

The state just made it illegal for the insurance cartel to force you to buy a new roof you don't need. There will be two possible results.

1) The Insurance cartel can hike EVERYONE'S rate so they can buy everyone a new roof every time some fraudster tells them to. Which is exactly what they intend to do.

2) OR -- they could offer you a depreciated value policy on your roof.

Why not let the consumer decide what they want to buy? Yes, if the house burns down, I want full-replacement cost for everything. But that doesn't mean I expect a new roof every time a storm loosens a few shingles. They can depreciate the roof for weather damage and still sell you catastrophic coverage on the house.

You don't buy insurance against the cost of groceries. And it's just as stupid to buy expensive insurance to cover the cost of maintaining your home. In the long run, you wind up paying the same cost PLUS the insurance company's profit.

DO THE MATH!

[NoMoSno]

Name one company that offers a policy on the depreciated value of a roof. I couldn't find a single one.

If you can afford to replace your roof every ten years for a full-replacement policy, then you can damn sure afford to replace it when it needs it, and pay half the cost to insure it. DO THE MATH. Whats the point of paying $15,000 to buy a roof you don't need, just so you can pay $2000/year to insure it? In 7.5 years, that's a new roof!

The state just made it illegal for the insurance cartel to force you to buy a new roof you don't need. There will be two possible results.

1) The Insurance cartel can hike EVERYONE'S rate so they can buy everyone a new roof every time some fraudster tells them to. Which is exactly what they intend to do.

2) OR -- they could offer you a depreciated value policy on your roof.

Why not let the consumer decide what they want to buy? Yes, if the house burns down, I want full-replacement cost for everything. But that doesn't mean I expect a new roof every time a storm loosens a few shingles. They can depreciate the roof for weather damage and still sell you catastrophic coverage on the house.

You don't buy insurance against the cost of groceries. And it's just as stupid to buy expensive insurance to cover the cost of maintaining your home. In the long run, you wind up paying the same cost PLUS the insurance company's profit.

DO THE MATH!
Kin offers a depreciated roof value policy:
Roof Surfacing Payment Schedule | Kin Insurance (https://www.kin.com/faq/roof-surfacing-payment-schedule)

[Blueblaze]

Kin offers a depreciated roof value policy:
Roof Surfacing Payment Schedule | Kin Insurance (https://www.kin.com/faq/roof-surfacing-payment-schedule)

They refused me. In fact, when I told them I was looking because American "Integrity" had raised my rate 25% and then added a rider that EXCLUDED my 15-year-old, perfectly serviceable roof (with 5 years remaining on the 20-year guarantee), Kin wouldn't even talk to me.

I guess if they sold me a policy, they'd get kicked out the cartel for poaching marks.

[milling73]

Homeowner for 3 years here. Through Allstate (Cabrillo)
Year 1 - $908
Year 2 - $1550
Year 3 (just received) - $2568

NO. Dont go through Allstate.

[jebartle]

I love rants like this. Name calling “moron” “dumb” lots of capital letters (shouting). Keep ranting .. they have a product (insurance) that you want or need. They do business where they can make money. Insurance isn’t a charity so stop wailing about “the majors” not wanting to write insurance where they expect to lose money. Socialism is not part of the insurance business model. If you can’t afford to live in TV, just say that and move.

Or another option, stop Insuring your home, when was the last time MOST of us filed a claim, what a racket! Also, if you do a wind mitigation you will find insurer more receptive to reducing rate.

[GatorFan]

Homeowner for 3 years here. Through Allstate (Cabrillo)
Year 1 - $908
Year 2 - $1550
Year 3 (just received) - $2568

NO. Dont go through Allstate.

Cabrillo (Safe Harbor) is an independent company that Allstate agents represent. They also have other independent property companies they represent.
No connection with Allstate.