Home Insurance

D

deschain

0
ugghhhhhh!

I'm working on getting quotes for insurance, and it sucks. We have Allstate, who actually did do us great during the hurricane. We didn't have any probs, but we were the only people we know of who didn't have a problem with Allstate. Our policy renews in June, and it went up 45%!!

I know they're all going up, of course they are, we got hit by a major freakin' hurricane, but still. So before just paying out the wazoo, we're checking around. I hate being at their mercy, it's no fun at all. No one is writing windstorm, it's going through the state now, so you can't really even shop rates on that.:rolleyes:

Insurance is the worst of the necessary evils in modern life, I do believe.

ok, had to rant. thanks,:)
 
I hear ya Deschain!! Insurances in general suck! Home, Renters, Car, Health (the most evil-my company pays over $60,000 per month for our employees), Dental, Vision etc.

They'll take your money but when it comes time to actually needing it you get the run around:mad: The only one you can count on is life and by then what do you care! LOL
 
Yeah, I thought my premium for last year was higher than it was. So, my policy did not go up by 45%, it went up by 95%!!!

Seriously, that's insane. Hurricane or no hurricane, that's just nuts. There are still people tied up in lawsuits around here b/c their homes are still in shreds to this day and the ins companies are trying to screw them over. At least we weren't in their shoes.
 
I'm with you both on this one even though I don't have much to complain about since I only pay for car and health insurance. My car insurance is decent ($42 a month). My health insurance is decent as well (I pay $100 a month) and they did everything they were supposed to do when I got injured.

My advice for health insurance is this: Get a higher deductible with 100% covered after that. If you get into a major accident you won't regret it.

~Nicole
 
That sounds crazy, do you live in one of those parts of america where they build houses out of wood or something?
 
Hurricane Rita landed pretty much right over my area. (glad we all got the hell out around here)

Between Katrina and Rita - the insurance companies are going crazy.
 
I mean I understand WHY there is a need to have insurance. Banks want to protect their investments. But why pay more in premiums if you're not using it? I have $1000 deductibles for both my home and vehicles.

Although I do have to say that my premiums are relatively low. I pay $80 for two vehicles and roughly $600 a year for my home. 95% is rediculous!!!
 
$600 a year?!!! For how much coverage?

OMG, we were paying $1200, now we'll be paying around $2300 for $190,000 worth of coverage on the main structure (and other coverage amts for the contents/garage).

We wouldn't even think about going without it, even if the bank didn't require it. We got around $35,000 after the hurricane for our damages, and ours wasn't even all that bad compared to a lot of people.

Seriously. $600 a year? Is ours really that much higher, apples for apples? wow.
 
Seriously. $600 a year? Is ours really that much higher, apples for apples? wow.
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Yea, Thats what happens when you live in an area that will get periodically destroyed by natural disaster. You are what would be considered "high risk."

But why pay more in premiums if you're not using it?
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When you live in an area that is known to be destroyed every so often by weather, earthquakes, or some other natural occurrence, it is not a question of IF you are going to use it, it is a question of WHEN.
 
goergen1 said:
Yea, Thats what happens when you live in an area that will get periodically destroyed by natural disaster. You are what would be considered "high risk."



When you live in an area that is known to be destroyed every so often by weather, earthquakes, or some other natural occurrence, it is not a question of IF you are going to use it, it is a question of WHEN.
Click to expand...

What are rates like in other areas prone to stuff? It's not the Gulf Coast is the only place in America that has natural disasters - there's earthquakes, landslides, all those forest fires, tornados, blizzards...it's not just us.

So, to anyone who lives in an area prone to any of that stuff, what's insurance like for y'all?
 
It's not the Gulf Coast is the only place in America that has natural disasters
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You are exactly right. Though I would hazard a guess that the Gulf Coast has more frequent disasters than anywhere else in the country.

I live in SC, away from the coast. Rates are not that high here. $600 a year or so. (they are much higher in MB and other coastal areas. I do not know what they are though.)
 
deschain said:
$600 a year?!!! For how much coverage?

OMG, we were paying $1200, now we'll be paying around $2300 for $190,000 worth of coverage on the main structure (and other coverage amts for the contents/garage).
Click to expand...

I'd have to look, honestly. I will though and let you know. Mine is bundled so I get a small break. I have home/car under the same policy.
 
219K For main structure
164K For personal property
44k Loss of use (whatever that is)
100K Personal liability
1k Medical to others (each person)
 
Moonbeam3 said:
219K For main structure
164K For personal property
44k Loss of use (whatever that is)
100K Personal liability
1k Medical to others (each person)
Click to expand...
:eek: :eek:

Mine will be $2200 a year (that is after the home/auto discount).

190K main structure
110K contents
19K additional structures
about the same for the other stuff

One thing though, is that it is actually now under two different policies -

$1550/yr for Windstorm coverage
$650/yr for the regular ins coverage (fire, theft,etc)

So, it's not the regular home ins that costs so much, it's the windstorm cov that went up. The ins companies aren't even writing windstorm coverage here now - we have to get it from the state. It's done sort of like flood insurance is done, which ironically, flood ins is really cheap.
 
Wow, so it's higher because of where you live. That sucks, but you gotta have it right?:eek:
 
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