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Insurance Rates...as a result of Harvey and Irma Discussion

Posted on 9/15/17 at 12:47 pm
Posted by NASA_ISS_Tiger
Huntsville, Al via Sulphur, LA
Member since Sep 2005
8001 posts
Posted on 9/15/17 at 12:47 pm
How bad do you all think the Property Insurance rates and Flood insurance rates will go as a result of these last two hurricanes?

Just opening the inevitable discussion.
Posted by deeprig9
Unincorporated Ozora, Georgia
Member since Sep 2012
64601 posts
Posted on 9/15/17 at 12:48 pm to
14.32%
Posted by MSMHater
Houston
Member since Oct 2008
22780 posts
Posted on 9/15/17 at 12:49 pm to
quote:

How bad do you all think the Property Insurance rates


nvm, read the OP wrong

Houston Mayor wants to increase property taxes by 9%, but I have no idea on insurance.
This post was edited on 9/15/17 at 12:50 pm
Posted by Chad504boy
4 posts
Member since Feb 2005
167065 posts
Posted on 9/15/17 at 12:50 pm to
property rates probably won't be hugely affected. It may help firm up what has become a very soft market. Flood is a whole other discussion. Not really a true insurance company/market.
Posted by Boudreaux35
BR
Member since Sep 2007
21678 posts
Posted on 9/15/17 at 12:57 pm to
350%
Posted by MBclass83
Member since Oct 2010
9444 posts
Posted on 9/15/17 at 1:49 pm to
Sadly, my first thought after these storms was we are going to get hosed with increased insurance. Those companies aren't in it to break even.
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