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Started By
Message
1
Posted on 3/23/22 at 5:28 pm to PeteRose
Mine more than doubled. No claims in the 5 years I have been living here.
Posted on 3/23/22 at 5:43 pm to tigerfanatic61
I'm in the business. Some carriers did raise rates tremendously, but some were only modest.
The bigger issue is the number of carriers has decreased drastically. We went from having eight homeowners carriers in 2020 to only a few
The bigger issue is the number of carriers has decreased drastically. We went from having eight homeowners carriers in 2020 to only a few
Posted on 3/23/22 at 6:10 pm to jrobic4
quote:
The bigger issue is the number of carriers has decreased drastically. We went from having eight homeowners carriers in 2020 to only a few
State Farm, Allstate,
Who are the other carriers ???
Posted on 3/23/22 at 6:45 pm to SantaFe
Liberty Mutual, Nat Gen, Tim Parkman
Posted on 3/23/22 at 7:22 pm to Loup
quote:
Got a notice a few weeks ago that mine wouldn't be renewed. Never filed a claim and not in a flood zone. Never got a reason listed, just a notice from GMFS that progressive was dropping us.
How is this not illegal? I get it’s a risk/reward type system based on probability. However, you also bought into their insurance pool by paying premiums. It’s not like they have to cut you a check for never having a claim.
Posted on 3/23/22 at 7:25 pm to PeteRose
quote:
Lloyd’s London.
You’ve learned the downfall of using an Excess and Surplus market.
Posted on 3/23/22 at 7:42 pm to teke184
quote:
pulled out of the state completely
I’m thinking there may be a lot of this. May want to see if having your vehicle and home insured by the same carrier will help.
Posted on 3/23/22 at 7:45 pm to Bmath
quote:
How is this not illegal? I get it’s a risk/reward type system based on probability. However, you also bought into their insurance pool by paying premiums. It’s not like they have to cut you a check for never having a claim.
There's a good chance I missed it in the mail.
Posted on 3/23/22 at 7:49 pm to PeteRose
Nearly doubled.
Switched and got it back to last years premium.
Switched and got it back to last years premium.
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