[SHIBUMI]

Got a renewal notice that was raised 50%. Switched to triple A and premium was less than previous progressive and auto was cheaper too. Evidently, Flo and her crew have been asking for and getting more money. Time to find someone with cheaper commercials.


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Originally Posted by vintageogauge

I got a non-renewal notice yesterday from Progressive. Never had a claim, house will be 7 years old soon, no explanation. I went to an out of town broker that I use for my business insurance and got a quote that is nearly 50% less than Progressive was last year, I still have to compare apples to apples in a couple areas but it looks really good. Also saved me $700 on auto insurance.

[dwoodley1975]

Hmmm ...I believe in climate change. We know we can not control. What we can control is what we are putting into the environment. That is something we can control.

[dwoodley1975]

Eventually, all the insurance will probably move out of Florida.

[vintageogauge]

Originally Posted by Cliff Fr

Your probably getting better rates because they have your business insurance

No, my business insurance is through the agency but not affiliated with the companies that do residential and auto.

[jimjamuser]

Originally Posted by JRcorvette

Suggest that you stick with your carrier and stop shopping for price. Florida is a tough market to make money. Uncertain weather and it is also a very litigious State. The best thing the State could do is extensive Tort Reform. You can’t control the weather… sorry all you Climate Change people.

On one sentence uncertain weather is said to be the problem. Then in the next sentence, basically says not to believe in climate change. Funny thing, what is CAUSING the uncertain weather. Answer.....it is called Climate Change or Global Warming.

[jimjamuser]

Originally Posted by dwoodley1975

Eventually, all the insurance will probably move out of Florida.

I have heard that the average Floridian pays $6,000 per year for home insurance. Also, I have heard that Florida has the highest rates for car insurance in the US.
As far as home insurance goes, last summer Florida set an all time record for HEAT in the Gulf and on land. The next 5 to 8 years are expected to be hotter in the summer. The insurance companies know this and it makes sense that they want to leave Florida for a less climate volatile state. .....Maybe we should also?

[jimjamuser]

Originally Posted by dwoodley1975

Hmmm ...I believe in climate change. We know we can not control. What we can control is what we are putting into the environment. That is something we can control.

Humans DO control Climate Change. If you look at a graph of world population, it spikes hugely just in the last 2 years. Which puts more CO2 into the upper atmosphere ( and EVEN in the oceans). I just read today that living coral reefs are down to ONLY 21 % of what they were 25 years ago. At that rate, they will all be gone in (maybe) 5 years. Think about what that will do to the fishing industry and a source of protein. The CO2 in the upper atmosphere reflects heat waves back to the earth's surface, which has caused the Gulf of Mexico to be at RECORD temperatures last summer (this summer, likely even higher)
........The insurance companies are aware of that and that is why they want to leave Florida. If Florida was the same as 20 years ago, why would insurance companies leave such a BIG market.
......Also, South America is heating up and farmers can not farm. So, they are moving north into the US. More people means more HEAT problems for Florida. It is all interconnected and related to Global Warming. Pretending that it is NOT happening will NOT make it go away!

[bobmarc]

I have USAA...expensive but so far no problems with renewal....even after paying for my new roof.

[barbara828]

When I changed to JETTA stone we saw there was NO pan. Had to dry out 1 wk.

[Oldragbagger]

This will be our third year with Progressive. Premium only went up $8. Seems none of it is consistent from one company to the next or one person to the next.

[Byte1]

Originally Posted by jimjamuser

I have heard that the average Floridian pays $6,000 per year for home insurance. Also, I have heard that Florida has the highest rates for car insurance in the US.
As far as home insurance goes, last summer Florida set an all time record for HEAT in the Gulf and on land. The next 5 to 8 years are expected to be hotter in the summer. The insurance companies know this and it makes sense that they want to leave Florida for a less climate volatile state. .....Maybe we should also?

Good idea. Let us know how it goes for you....

I am looking forward to warmer weather. That's why I moved here over a decade ago.

[DAVES]

Originally Posted by JRcorvette

Suggest that you stick with your carrier and stop shopping for price. Florida is a tough market to make money. Uncertain weather and it is also a very litigious State. The best thing the State could do is extensive Tort Reform. You can’t control the weather… sorry all you Climate Change people.

There are no simple solutions. As a consumer, all insurance companies are great at taking your money. It is wise to research comparative ratings for payouts.

We scream our homes are worth so much more than we paid for them. That is only part f the story. Repairs and replacement cost have also gone up. You can choose to pay less by increasing the policy deductible. You self insure up to whatever the deductible is.

Not shop? I do not claim to be an insurance expert. My mother used to work in a small i insurance brokerage. Some think you stay with the company and build loyalty to you. That is simply not so. The best rates are offered to new customers. They know they need new customers to replace old ones and they know new customers are shopping for value.

Claims? Years ago we had a neighbor, a retired cop, who did insurance investigations. It was amusing to hear what people have pulled and gotten caught doing. Like most things, I now wonder how many just had their claims denied and how many had criminal charges filed.

Far as insurance most things including auto insurance you can choose to self insure. You are paying a company a fee to share or cover all of your risk. In the villages we had tornadoes roughly 12 years ago. We were not here and our house was not even built Imagine the losses
to home owners and to insurance companies. Imagine trying to find quality repairs.

[DAVES]

Originally Posted by Oldragbagger

This will be our third year with Progressive. Premium only went up $8. Seems none of it is consistent from one company to the next or one person to the next.

That is why I said all should shop. It is numbers game. Chance of loss vs competition. All insurance companies do not uses the same risk of loss tables.

Few do, and the companies know it is true, read the policy and be sure you understand it. Damages. Typically there is a higher deductible for hurricane damage. Sinkhole insurance?
You may not be covered for sinkholes.

[DAVES]

Originally Posted by jimjamuser

On one sentence uncertain weather is said to be the problem. Then in the next sentence, basically says not to believe in climate change. Funny thing, what is CAUSING the uncertain weather. Answer.....it is called Climate Change or Global Warming.

Far as climate change this has become a typical mass panic. Reality climate is always changing and was changing before the first human. Typical human reaction is it is someone else's fault-not mine. We know or should know that at higher temperature and higher CO2 plants grow better and in photosynthesis tie up more CO2 and produce more oxygen.

The population of the US was 180million in 1950. Today it is 350 million-doubled. The population of Florida has exploded. A major reason is air conditioning. Your/our AC eats energy.

Interesting REALITY. Roughly 60 years ago climate cooling was noticed. Ice caps were growing etc. Lacking was Al Gore to turn it into a panic. He SCREAMS we should. He buys a huge home and burns tons of fuel to ell us we should while he gets rich.

[JMintzer]

Originally Posted by jimjamuser

I have heard that the average Floridian pays $6,000 per year for home insurance. Also, I have heard that Florida has the highest rates for car insurance in the US.
As far as home insurance goes, last summer Florida set an all time record for HEAT in the Gulf and on land. The next 5 to 8 years are expected to be hotter in the summer. The insurance companies know this and it makes sense that they want to leave Florida for a less climate volatile state. .....Maybe we should also?

Where did you hear THAT nonsense?

According to the Google Machine, the average cost of insurance on a $250K home in FL is $1968/year...

Over all, in the entire state, FL averages $4200/year...

15 states have higher rates for a similarly priced home...

FL auto insurance rates are on par with NY, NV, LA, w/MI just a few hundred$$$ lower