I'm in Baton Rouge and South of I-10. My Allstate renewal went up 32%! Anyone else dealing with this? I always been happy with Allstate. Mayhem has never visited.

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Posted by jfw3535

South of Bunkie

Member since Mar 2008

4639 posts

Posted on 1/17/22 at 7:28 pm to jctiger73

Call Insurance Network of Louisiana or another broker and have them shop it around for you. Almost guaranteed they can save you money.

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Posted by OysterPoBoy

City of St. George

Member since Jul 2013

34904 posts

Posted on 1/17/22 at 8:32 pm to jctiger73

Do you have an umbrella? They have gone up insanely in the last couple years.

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Posted by lynxcat

Member since Jan 2008

24120 posts

Posted on 1/18/22 at 8:36 am to OysterPoBoy

quote:
Do you have an umbrella? They have gone up insanely in the last couple years.

Hmmm...umbrella insurance is typically one of the cheapest. It only hits if you've already maxed the underlying insurance which is unlikely (since there are high minimums required, namely on auto). Are we talking about the same definition of 'umbrella insurance'? It's typically $200-$250 annually per $1M in umbrella coverage...

Homeowners in my area went up around 20% after the TX freeze last year. A lot of folks recommend using an insurance broker...definitely efficient albeit I question how they get paid versus cutting out the middle man.

This post was edited on 1/18/22 at 8:37 am

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Posted by OysterPoBoy

City of St. George

Member since Jul 2013

34904 posts

Posted on 1/18/22 at 9:52 am to lynxcat

quote:
Are we talking about the same definition of 'umbrella insurance'? It's typically $200-$250 annually per $1M in umbrella coverage...

I'm using it in a commercial setting so maybe it's a bit different. It was explained to me that umbrellas used to almost never get hit but in the last few years they've been hit more and more. It used to be almost free money for the insurance company but that's changing.

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