(Topic ID: 335852)

Florida Home Insurance. Fu**!!

By mcluvin

12 months ago


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  • Latest reply 12 months ago by thekiyote
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    #16 12 months ago

    I live in Tucson and was paying $1000 a year with Nationwide. Then they raised it $560 with no explanation.

    When I called them they said that inflation was the cause. Inflation was at about 8% then so how do they get $ 560.

    Canceled and went to Progressive back at $1000 a year again. We'll see how long that lasts

    #27 12 months ago
    Quoted from mcluvin:

    ~10 years ago State Farm quoted me a little over $2K/yr and I had been paying well over a grand per year. That's when I switched and cut my bill in half. You don't want to go too cheap though. My neighbor is with one of those deny-all-claims companies.
    I'm just juggling the fact that I've made one claim in the last 23 years with the idea of going with a higher deductible, while also considering the weather is getting a lot more interesting. If I'm going to have significant damage, it's probably gonna be from a hurricane and my deductible is already higher for that.
    Thankfully I don't live in a flood zone, and am a little elevated compared to some of my neighbors.
    Property values are frigging nuts.

    Yea I never have filed a claim in 27 years so I'm not sure what they were thinking. Plus my home is paid for so I'm not sure why I waste my money.

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