re: Homeowners Insurance up 60% since last year

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I agree if you think people in higher risk areas have to pay more. I tend to think the entire gulf coast has higher risk and should therefore have to pay higher premiums.

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Homeowners insurance isn't subsidized by the federal government like flood insurance is. If you're in a higher risk area, your homeowner rates are going to be more expensive. Homeowner rates in coastal parishes is a lot more expensive than central or north LA. Closer to the gulf you are, generally the higher your premium will be.

Shopped ours but have especially so the past 5 to 10 years....some of these outfits are so far over the top

Do you live in Utah, or are you saying you are going to move there over a few hundred dollars?

Also, when was your house insured for 200k (originally)? No one is defending insurance companies, but people are trying to provide some perspective.

As much as you hate to hear this, the insurance companies don’t give a shite about you individually. Not a single person will blink when you cancel your policy. I understand your frustration, but I’d you can’t find cheaper coverage, your options are to self insure or pay. No amount of huffing and puffing will change that. You hold zero power besides declining the services offered.

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Do you live in Utah, or are you saying you are going to move there over a few hundred dollars?

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I'm currently in Louisiana.

$700 in another state vs the $4000 it is here goes into the "significant considerations" box alongside no state income tax, etc, etc.

Originally insured 2 years ago for HALF. We are definitely canceling based off the increase and the reasons provided by the insurer (NONE).

Everyone sitting around thinking they don't individually make a difference is how elections are won and lost. Of course I know the CEO of Safeco isn't calling me tomorrow with an apology and 1/2 off quote. Is that reason enough to do nothing and keep quiet?

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You hold zero power besides declining the services offered.

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Done.

Just tried quoting on safeco on a home south of I-12 in Ponchatoula. It was a no go.

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But if every insurance agency we call says the same thing....then what? Cuss them over the phone then pay whatever they want?

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Yeah as an agent, you sound like a great client. I’d probably just hang up on you too. Our commissions on single policies aren’t worth putting up with that!

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Yeah as an agent

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Oh I'm very concerned about your opinion regarding wildly inflated premiums.

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Mine went up 42% in July and it was still the lowest cost option for the remaining companies that write here in LA

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I forget the specifics, but they said something about shopping for quotes in March when independent markets open themselves to new clients. For anyone not yet so beat down by life that they are interested in pursuing solutions to problems. March.

“Come at Me”. Man, you got some anger issues my friend. It’s ok.

Yea I do feel your pain and understand where you’re coming from, but if you’re going to “just yell at someone and pay their premium” no matter what they say then what’s the point. Maybe in my 20’s or 30’s I’d take that shite but way too old for that now.

Have a good night man. Don’t call me, I’ll call you

Not too real and I never claimed to be Mr insurance. You’re just not level headed and smart enough to understand it costs more to insure homes along the gulf coast (esp after 4-5 large storms the past three years) along with the Econ 101 concept of supply and demand. Have a good night and good luck with your issue. I’d just move if I were you. Or better yet just file a suit with the insurance commissioner for collusion with the insurance companies. That should get you somewhere as well.