Homeowner's Insurance

[Bryant]

Just received my ASI Homeowner's Policy for 2012. The " Hurricane Premium" portion went up 17% and the "Non-Hurricane Premium" portion went up 32% from last year:mad:. No changes in home or claims filed. Has anyone else experienced such an increase? (When I get an explanation from the agent, I will post it.) Thanks.

[Xavier]

Just received my ASI Homeowner's Policy for 2012. The " Hurricane Premium" portion went up 17% and the "Non-Hurricane Premium" portion went up 32% from last year:mad:. No changes in home or claims filed. Has anyone else experienced such an increase? (When I get an explanation from the agent, I will post it.) Thanks.

My ASI Homeowners policy took pretty much the same hike. I emailed the agent and asked her to take a look around for a policy with the same or better coverage. She got back to me saying that she didn't have another company who would provide the sink-hole coverage like what is included with ASI. She did give me a quote without the sink-hole coverage with another company and it was less than the previous 2011 premium with ASI. I really don't think I should not have the sinkhole coverage. I guess I'll be looking with other agencies. I have heard nothing but good things about ASI, especially when the tornado hit south of 466 in 2007. I hate when they pull this crap! Even with the increase it is far cheaper than I was paying up north 12 years ago on a comparably priced home. Don't they know I have better things to do than look for insurance. I have priorities you know!

Xavier (with a sad face on!)

[villages07]

My ASI policy went up significantly last August. They had a rate hike in about April (?) of last year....you apparently got last years renewal under the old rates and are now catching up to the rest of us. My total premium increase was somewhere around 25%...if they have a similar large increase again this year,it'll be time to start shopping.

[ladydoc]

My ASI Homeowners policy took pretty much the same hike. I emailed the agent and asked her to take a look around for a policy with the same or better coverage. She got back to me saying that she didn't have another company who would provide the sink-hole coverage like what is included with ASI. She did give me a quote without the sink-hole coverage with another company and it was less than the previous 2011 premium with ASI. I really don't think I should not have the sinkhole coverage. I guess I'll be looking with other agencies. I have heard nothing but good things about ASI, especially when the tornado hit south of 466 in 2007. I hate when they pull this crap! Even with the increase it is far cheaper than I was paying up north 12 years ago on a comparably priced home. Don't they know I have better things to do than look for insurance. I have priorities you know!

Xavier (with a sad face on!)

We were told by our insurance agent months ago that our insurance would go up because of the increase in sink hole payouts. If you have heard only good things about ASI why are you wasting time trying to find an agency that may cost a little less up front and risk having a good plan that you know will pay? Even with the increase, isn't it about $300 more? We all waste that much pretty quickly. I bet you don't blink at a $50 dinner check and insurance is much more important. It is about a dollar a day increase. Is that really worth your time and effort to find an inferior plan?

[Penguin]

We were told by our insurance agent months ago that our insurance would go up because of the increase in sink hole payouts. If you have heard only good things about ASI why are you wasting time trying to find an agency that may cost a little less up front and risk having a good plan that you know will pay? Even with the increase, isn't it about $300 more? We all waste that much pretty quickly. I bet you don't blink at a $50 dinner check and insurance is much more important. It is about a dollar a day increase. Is that really worth your time and effort to find an inferior plan?

I agree but It would be nice if any of these agencies realized that a lot of people in the villages are on a fixed income and coming up with additional funds could be difficult.

[aljetmet]

OK, for budget purposes, a fully insured designer house with say a $1000 deductable. + or - $1,500?

[logdog]

OK, for budget purposes, a fully insured designer house with say a $1000 deductable. + or - $1,500?

Less than $750 per year with $500 deductible. That includes hurricane and sink hole but not flood.

[784caroline]

$1000 deductible..you will find alot of policies with a minumun of 2% wind (Hurricane) damage and that would be anywhere from $4000-5000 deductible. I have seen Sinkhole coverage with 10% deductibles..and in the furture that may become more of the standard.....and these deductibles do not necessarily bring lower (expected) costs!

WE all should have Sinkhole coverage and hopefully never use it so the high deductible would not impact us BUT we all need wind or Hurricane coverage......that one is only a matter of time.

[Bogie Shooter]

I agree but It would be nice if any of these agencies realized that a lot of people in the villages are on a fixed income and coming up with additional funds could be difficult.

Its not the agencies.......its the state that approved the increases. There will be more to come in the near future.

[aljetmet]

Less than $750 per year with $500 deductible. That includes hurricane and sink hole but not flood.

Very good.! We have earthquake insurance here in the Mid south with a 10% deductible.
Google - Reelfoot Lake...

[Xavier]

We were told by our insurance agent months ago that our insurance would go up because of the increase in sink hole payouts. If you have heard only good things about ASI why are you wasting time trying to find an agency that may cost a little less up front and risk having a good plan that you know will pay? Even with the increase, isn't it about $300 more? We all waste that much pretty quickly. I bet you don't blink at a $50 dinner check and insurance is much more important. It is about a dollar a day increase. Is that really worth your time and effort to find an inferior plan?

I do blink. If you do nothing, not even inquire, how are they to know what the market will bear? I don't take a 32% overall increase sitting down. I think enough of ASI to keep them if I can't find equal or better coverage with another A+ or A++ company. Apathy is a terrible practice! I always like to be kissed when I get ... ... ... made love to. See how I cleaned that up!

Xavier (with just a frowny face on)

[tommy steam]

Less than $750 per year with $500 deductible. That includes hurricane and sink hole but not flood.

I live in Li NY and I pay 2500 a year, so around $750 sounds really good to me. I would think if you had a higher deductible it might even be less.:icon_wink:

[KYWildcat]

I hate to ask but I will be closing on a designer home I am purchasing 22 Feb and I need to get homeowners ins. Whom is the best for the least?

[Bogie Shooter]

I hate to ask but I will be closing on a designer home I am purchasing 22 Feb and I need to get homeowners ins. Whom is the best for the least?

How about the one with the best reputation? ASI is the one.

[mac9]

We were hit by "the tornado" and were covered by ASI. They had an adjustor here within 24 hours. Because of the number of claims that resulted from the tornado, ASI hired private adjustors to augment their own staff. He looked at all we showed him and then showed me some things that I had not seen (glass fragments in my kitchen cabinets, scratches on my sliding glass doors, and some cracked tiles in the shower). We had done a lot of the clean up ourselves and had purchased a wet vac, large paper trash bags, and all sorts of cleaning equipment. He asked us for the receipts and asked us to estimate how many hours it had taken us to do it. We gave him all the needed info. Two days later we received a call from the him asking us to come to the Villages insurance office. We went, thinking that he needed more info. When we arrived, he had a check for $8,000.00 to "get us started." Included in the check was the money for all of our cleanup supplies, plus an hourly fee for doing it ourselves. All in all, we felt very good about all of the care that we received from ASI, including their sending him out again when we found some other problems that neither he or us noticed at first.
Just a note, some of our neighbors had terrible times with other insurance companies, including one who had the adjustor agree to replacing his whole roof as the house was less than 6 months old and the damage was to almost 50% of his roof. Two weeks later, he received a notice from his insurance that the adjustor no longer worked for them and that they would not be replacing his whole roof, but only the 50% that had been damaged and that they were negating other decisions that he had made. This went on for 10 months. Another neighbor had a mechanic's lien placed on his house because his insurance decided after the fact that they would not pay for his gutter repairs because he added them after buying the house!

[logdog]

I hate to ask but I will be closing on a designer home I am purchasing 22 Feb and I need to get homeowners ins. Whom is the best for the least?

Villages Insurance found me my home owners, golf cart and car insurance. They go to multiple insurers to find you the best price. I've been very happy with them.

[tommy steam]

How about the one with the best reputation? ASI is the one.

what does ASI stand for? :popcorn:

[KEVIN & JOSIE]

We were hit by "the tornado" and were covered by ASI. They had an adjustor here within 24 hours. Because of the number of claims that resulted from the tornado, ASI hired private adjustors to augment their own staff. He looked at all we showed him and then showed me some things that I had not seen (glass fragments in my kitchen cabinets, scratches on my sliding glass doors, and some cracked tiles in the shower). We had done a lot of the clean up ourselves and had purchased a wet vac, large paper trash bags, and all sorts of cleaning equipment. He asked us for the receipts and asked us to estimate how many hours it had taken us to do it. We gave him all the needed info. Two days later we received a call from the him asking us to come to the Villages insurance office. We went, thinking that he needed more info. When we arrived, he had a check for $8,000.00 to "get us started." Included in the check was the money for all of our cleanup supplies, plus an hourly fee for doing it ourselves. All in all, we felt very good about all of the care that we received from ASI, including their sending him out again when we found some other problems that neither he or us noticed at first.
Just a note, some of our neighbors had terrible times with other insurance companies, including one who had the adjustor agree to replacing his whole roof as the house was less than 6 months old and the damage was to almost 50% of his roof. Two weeks later, he received a notice from his insurance that the adjustor no longer worked for them and that they would not be replacing his whole roof, but only the 50% that had been damaged and that they were negating other decisions that he had made. This went on for 10 months. Another neighbor had a mechanic's lien placed on his house because his insurance decided after the fact that they would not pay for his gutter repairs because he added them after buying the house!

Can you post their phone number and address? Thanks

[Bill-n-Brillo]

what does ASI stand for? :popcorn:

Can you post their phone number and address? Thanks

American Strategic Insurance

American Strategic Insurance (http://www.americanstrategic.com/)

Bill :)

[mac9]

My ASI policy is handled through the Villages Insurance.

[Bryant]

Villages Ins. (Sumter-Marion Ins.) 352-753-0093. My ASI policy for a 1540 sq. ft. designer with $500 hurricane & $500 other peril deductibles costs $846. $235 of that premium is for sinkhole coverage.

[GatorFan]

Is ASI still writing new policies? Heard they were not.

[ladydoc]

I do blink. If you do nothing, not even inquire, how are they to know what the market will bear? I don't take a 32% overall increase sitting down. I think enough of ASI to keep them if I can't find equal or better coverage with another A+ or A++ company. Apathy is a terrible practice! I always like to be kissed when I get ... ... ... made love to. See how I cleaned that up!

Xavier (with just a frowny face on)

Its not apathy...its knowing when to fight and when not to. I have an insurance plan with ASi and paying a bit more is not going to break me or you or anyone else. We KNOW ASI pays when there is a claim...that is worth more to me then paying less now and then having to fight with the company when it is time to pay a claim.

[bargee]

Old Villages proverb"You get what you pay for"We have had ASI for 12 years andwe're sticking with it.

[Xavier]

Its not apathy...its knowing when to fight and when not to. I have an insurance plan with ASi and paying a bit more is not going to break me or you or anyone else. We KNOW ASI pays when there is a claim...that is worth more to me then paying less now and then having to fight with the company when it is time to pay a claim.

Then according to your logic you probably would have been anxious to pay an additional 32% for your home. After all it would be worth it to you paying less now and than not having to fight with the warranty department when it was time to take care of a claim. Seriously? Like I said, if I can't find an equal or better (key words - equal or better) deal then I'll stay with ASI, but to me it makes sense to at least take the initiative to check it out. I have NEVER doubted the quality of the ASI product.

Apathy - allowing others to do unto you without question or concern on your part.

Xavier

[ladydoc]

Then according to your logic you probably would have been anxious to pay an additional 32% for your home. After all it would be worth it to you paying less now and than not having to fight with the warranty department when it was time to take care of a claim. Seriously? Like I said, if I can't find an equal or better (key words - equal or better) deal then I'll stay with ASI, but to me it makes sense to at least take the initiative to check it out. I have NEVER doubted the quality of the ASI product.

Apathy - allowing others to do unto you without question or concern on your part.

Xavier

Wisdom-knowing what is important and what is not important in the grand scheme of things.ie: worrying about a couple of hundred dollars to keep an excellent plan. Faulty logic-extrapolating a conclusion from insufficient data ie: taking what I said above and saying that logically I would then pay an additional 32% for the house. I don't follow what you wrote; I think you left out a word or two. Common sense...letting you draw whatever conclusions you wish because I don't really care.

[Xavier]

Wisdom-knowing what is important and what is not important in the grand scheme of things.ie: worrying about a couple of hundred dollars to keep an excellent plan. Faulty logic-extrapolating a conclusion from insufficient data ie: taking what I said above and saying that logically I would then pay an additional 32% for the house. I don't follow what you wrote; I think you left out a word or two. Common sense...letting you draw whatever conclusions you wish because I don't really care.

:1rotfl:

[ladydoc]

Old Villages proverb"You get what you pay for"We have had ASI for 12 years andwe're sticking with it.

That's what I think as well. As fate would have it, we got our insurance bill today. It went up $168. $14 a month. $3.23 a week. I don't get all wound up about $14 a month....don't see any point in that. I already wrote out the check and am just fine with the new rate.

[The Great Fumar]

The only thing I worry about is IGNORANCE & APATHY ..........
Well I don't know and I don't care.........
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.
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.actually I dumped them last year.......

frugal fumar..........:icon_wink: