Did your homeowners insurance premium go up? - Page 2

AverageJoe · 03-28-2013, 02:10 PM

I think Rob has Farm Bureau and his rates were much lower than I would have guessed.

I have State Farm and am pretty happy.

WWhittle · 03-28-2013, 02:48 PM

I'm going to do some checking around. I will report back if i find anything signifigant in either direction.

gearmesh, inc. · 03-28-2013, 03:42 PM

I've had everything insured with State Farm since my 20's and haven't had an issue with them until the last few years. They have been unnecessarily jacking up my homeowners premium every year. Back in 2006, my homeowners bill was $880. This year they want $1330. I called them up for an explanation and they said it was due to the current cost of building materials. My dwelling only cost $108,000 in 2006 and State Farm is now trying to cram $176,000 worth of dwelling coverage down my throat. WTF! I called BS on that and told them to back it down to $120,000. They claimed that there was no way they could drop it that low. After I threatened to drop all my policies with them and find another insurance company, they dropped dwelling coverage down to $134,000, which still pisses me off. I'm currently shopping for another company to get away from these greedy bastards.

WWhittle · 03-28-2013, 04:07 PM

Quote:

Originally Posted by gearmesh, inc.

I've had everything insured with State Farm since my 20's and haven't had an issue with them until the last few years. They have been unnecessarily jacking up my homeowners premium every year. Back in 2006, my homeowners bill was $880. This year they want $1330. I called them up for an explanation and they said it was due to the current cost of building materials. My dwelling only cost $108,000 in 2006 and State Farm is now trying to cram $176,000 worth of dwelling coverage down my throat. WTF! I called BS on that and told them to back it down to $120,000. They claimed that there was no way they could drop it that low. After I threatened to drop all my policies with them and find another insurance company, they dropped dwelling coverage down to $134,000, which still pisses me off. I'm currently shopping for another company to get away from these greedy bastards.

Yeah that's bullshit. I can promise you that building cost ARE NOT HIGHER now than they were in 2006, that's a fact. If anything, they are lower.

Illusions · 03-28-2013, 04:30 PM

when I asked Allstate why my premium almost doubled they told me it was due to the economy and the risk of claims going up. I guess they were afraid people would be setting their homes on fire to claim a complete loss.

DIGGLER · 03-28-2013, 05:08 PM

Quote:

Originally Posted by Illusions

they told me it was due to the economy and the risk of claims going up.

i would say that's the real issue. around here EVERYBODY got a roof last year. i mean it was out of control. 4 houses on my street got a "free" roof due to hail damage. there is 8 houses in total on my street. state farm turned my claim down. (my house had a 15 year old seemingly concrete roof that couldnt be damaged by hail. too bad it leaked) all the roofing companies have commercials telling you about hail damage and getting a free roof. one of the local roofing companies built a new facility a year or so ago and it is insane. its more like a walmart hub than a roofing company. HUGE.
anyways, it doesn't take a genius to figure out the insurance companies are going to find ways of recovering all the money they paid out for these peoples claims.

MonteC · 03-28-2013, 06:17 PM

Farm Bureau was half the cost of Allstate across the board. Seemingly the same coverage.

minytrker · 03-28-2013, 10:53 PM

USAA wouldnt insure my new house on 5 acres because I am in a "forest fire zone". I am over an hour away from any forest. Hell I'm just as close to a forest as I am to the ocean so I guess I should be in a hurricane zone. USAA claims they use some state of the art software program bla bla bla, I told them to use a map. They actually looked up my place on google earth and even agreed I am nowhere close to any forest but they cant over ride there system. It wouldnt even let them give me a quote or anything based off my address.
I called a local company and had insurance in less than an hour. They couldn't believe what USAA said.

94zson · 03-28-2013, 11:17 PM

Quote:

Originally Posted by minytrker

USAA wouldnt insure my new house on 5 acres because I am in a "forest fire zone". I am over an hour away from any forest. Hell I'm just as close to a forest as I am to the ocean so I guess I should be in a hurricane zone. USAA claims they use some state of the art software program bla bla bla, I told them to use a map. They actually looked up my place on google earth and even agreed I am nowhere close to any forest but they cant over ride there system. It wouldnt even let them give me a quote or anything based off my address.
I called a local company and had insurance in less than an hour. They couldn't believe what USAA said.

That is some crap from USAA. They are great with everything for me.

WWhittle · 03-29-2013, 09:32 AM

UPDATE:

Wifey called Progressive-
Car insurance with them would increase about $30/ month.
My current homeowners insurance just increased to $3900/year, progressive would be $6140! LOL!

WTFWSAT · 03-29-2013, 09:54 AM

Wow thats crazy. Before i bought my cobra i had allstate insurance, i was getting quotes and they wanted $3000 every 6 months. Sure i didnt have the best driving record then, i think i had 2 speeding tickets on my record. Anyhow progressive was $1200 so i switched to them. FWIW i have Farm Bureau for homeowners and my rates have not changed in the last 3 years. (knock on wood)

WWhittle · 03-29-2013, 10:23 AM

Quote:

Originally Posted by WTFWSAT

Wow thats crazy. Before i bought my cobra i had allstate insurance, i was getting quotes and they wanted $3000 every 6 months. Sure i didnt have the best driving record then, i think i had 2 speeding tickets on my record. Anyhow progressive was $1200 so i switched to them. FWIW i have Farm Bureau for homeowners and my rates have not changed in the last 3 years. (knock on wood)

Waiting on State Farm, Allstate and Farm Bureau to call back with their quotes now.

MonteC · 03-29-2013, 12:38 PM

Quote:

Originally Posted by WWhittle

UPDATE:

Wifey called Progressive-
Car insurance with them would increase about $30/ month.
My current homeowners insurance just increased to $3900/year, progressive would be $6140! LOL!

Do you live in a mansion on the beach?! I pay 585 a year for 190k worth of coverage.

MonteC · 03-29-2013, 12:39 PM

Quote:

Originally Posted by WWhittle

Waiting on State Farm, Allstate and Farm Bureau to call back with their quotes now.

Farm Bureau will probably take forever getting back to you. At least that was my experience. But I was told by a very trustworthy insurance lawyer that they were the best.

ForceFed4g63 · 03-29-2013, 01:06 PM

Quote:

Originally Posted by MonteC

Do you live in a mansion on the beach?! I pay 585 a year for 190k worth of coverage.

This is THE Wes Whittle we're talking about here...

WWhittle · 03-29-2013, 01:49 PM

Quote:

Originally Posted by MonteC

Do you live in a mansion on the beach?! I pay 585 a year for 190k worth of coverage.

Hell no I don't, that's why want a discount!

minytrker · 03-29-2013, 02:08 PM

Quote:

Originally Posted by MonteC

Do you live in a mansion on the beach?! I pay 585 a year for 190k worth of coverage.

I pay about what Wes pays but have $500k coverage. Never heard of insurance that cheap.

bwelch · 03-29-2013, 02:27 PM

I think flood insurance is a fucking scam. I already pay you to insure my shit but I have to pay extra incase it floods...WTF

DolSVT00 · 03-29-2013, 02:37 PM

Quote:

Originally Posted by MonteC

Do you live in a mansion on the beach?! I pay 585 a year for 190k worth of coverage.

Mine is almost exactly the same, 630 yr 200k

ForceFed4g63 · 03-29-2013, 02:52 PM

Damn that's cheap, I believe mine is about $1500 a year for $150k coverage.

03-28-2013, 03:42 PM	#23
gearmesh, inc. creepy azz cracka Join Date: Nov 2008 Location: Summerville Posts: 1,587	I've had everything insured with State Farm since my 20's and haven't had an issue with them until the last few years. They have been unnecessarily jacking up my homeowners premium every year. Back in 2006, my homeowners bill was $880. This year they want $1330. I called them up for an explanation and they said it was due to the current cost of building materials. My dwelling only cost $108,000 in 2006 and State Farm is now trying to cram $176,000 worth of dwelling coverage down my throat. WTF! I called BS on that and told them to back it down to $120,000. They claimed that there was no way they could drop it that low. After I threatened to drop all my policies with them and find another insurance company, they dropped dwelling coverage down to $134,000, which still pisses me off. I'm currently shopping for another company to get away from these greedy bastards. __________________ "I came into this world kicking, screaming,and covered in someone else's blood, I have no problem leaving the same way!" ÔÇ£If you carry a gun, people will call you paranoid. ThatÔÇÖs ridiculous. If I have a gun, what in the hell do I have to be paranoid about?ÔÇØ -Clint Smith, Thunder Ranch.

03-28-2013, 04:30 PM	#25
Illusions Senior Member Join Date: Apr 2008 Location: In the Pits Posts: 2,247	when I asked Allstate why my premium almost doubled they told me it was due to the economy and the risk of claims going up. I guess they were afraid people would be setting their homes on fire to claim a complete loss. __________________ Illusions Grafix A Pair of "Jackstand" 01 Xtreme Blazers

03-28-2013, 06:17 PM	#27
MonteC Senior Member Join Date: Oct 2009 Location: Summerville Posts: 4,431	Farm Bureau was half the cost of Allstate across the board. Seemingly the same coverage. __________________ Griffin Transmission -Home of the most badassest Monte Carlo- Cell: 843-276-0554 Shop: 843-793-4607 04 RSX 06 Ridgeline 86 Monte Carlo

03-28-2013, 10:53 PM	#28
minytrker Senior Member Join Date: May 2008 Posts: 1,089	USAA wouldnt insure my new house on 5 acres because I am in a "forest fire zone". I am over an hour away from any forest. Hell I'm just as close to a forest as I am to the ocean so I guess I should be in a hurricane zone. USAA claims they use some state of the art software program bla bla bla, I told them to use a map. They actually looked up my place on google earth and even agreed I am nowhere close to any forest but they cant over ride there system. It wouldnt even let them give me a quote or anything based off my address. I called a local company and had insurance in less than an hour. They couldn't believe what USAA said. __________________ 1999 Z28 Camaro\|Cut up 2003 CC Duramax Dually\|19.5 w/245/70/19.5\|5in exhaust 2009 G8 GT 408hp/402tq sae\|Rotofab CAI\|LS9 Cam\|Headers\|GXP Mufflers\|Custom System 2009 Tahoe stock

03-29-2013, 09:54 AM	#31
WTFWSAT Senior Member Join Date: Nov 2007 Location: Summerville Posts: 861	Wow thats crazy. Before i bought my cobra i had allstate insurance, i was getting quotes and they wanted $3000 every 6 months. Sure i didnt have the best driving record then, i think i had 2 speeding tickets on my record. Anyhow progressive was $1200 so i switched to them. FWIW i have Farm Bureau for homeowners and my rates have not changed in the last 3 years. (knock on wood) __________________ Fastest stock computer 5.0 on the planet! Looking for cheeep msd 6al! PM me! 88 Coupe (turtle) 03 Cobra (tortoise)

03-28-2013, 02:48 PM	#22
WWhittle Senior Member Join Date: Apr 2008 Location: Mt. Pleasant, SC Posts: 3,899	I'm going to do some checking around. I will report back if i find anything signifigant in either direction.

03-29-2013, 09:32 AM	#30
WWhittle Senior Member Join Date: Apr 2008 Location: Mt. Pleasant, SC Posts: 3,899	UPDATE: Wifey called Progressive- Car insurance with them would increase about $30/ month. My current homeowners insurance just increased to $3900/year, progressive would be $6140! LOL!

03-29-2013, 02:27 PM	#38
bwelch Senior Member Join Date: Aug 2009 Posts: 3,774	I think flood insurance is a fucking scam. I already pay you to insure my shit but I have to pay extra incase it floods...WTF __________________

03-29-2013, 02:52 PM	#40
ForceFed4g63 Senior Member Join Date: Oct 2009 Location: Aiken Posts: 7,002	Damn that's cheap, I believe mine is about $1500 a year for $150k coverage. __________________ 2000 WS6 2005 CTS-V 2004 Titan QC 4x4