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re: Insurance Expense
Posted on 1/26/24 at 9:37 am to KillTheGophers
Posted on 1/26/24 at 9:37 am to KillTheGophers
I feel the same way. My 6 month premium for 3 drivers and 3 vehicles current cost was $3,500, renewal is $6,030. No claims, or tickets etc...
This is really getting out of hand. I would love a true explanation. I told someone the other day that i don't understand how people in general can afford these never-ending increasing premiums.
Currently shopping for better rates...
This is really getting out of hand. I would love a true explanation. I told someone the other day that i don't understand how people in general can afford these never-ending increasing premiums.
Currently shopping for better rates...
1
Posted on 1/26/24 at 2:08 pm to PHNBK
quote:
I feel the same way. My 6 month premium for 3 drivers and 3 vehicles current cost was $3,500, renewal is $6,030. No claims, or tickets etc...
Must be primarily a FL, LA, CA thing. State Farm 3rd renewal, 2024 annual policy cost:
Santa Fe
Home $1,423 includes $700k rebuild coverage
2 Vehicles $2,041 no kids, no wrecks
Umbrella $3.5M $469 + HO policy covers another $500k
We are in a very low fire threat area, some in high fire threat areas are having trouble finding policies or renewals, those that have are paying substantially more. I wonder what LA is going to look like in another 10 - 20 years as it continues to slide deeper into the shitter. Have 3 siblings, only one remains in LA.
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