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The New Coffee Room

  1. TNCR
  2. General Discussion
  3. Home insurance spike

Home insurance spike

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  • George KG Offline
    George KG Offline
    George K
    wrote on last edited by
    #7

    Ours took a big jump earlier this year - almost doubled. Switched from Allstate to State Farm.

    "Now look here, you Baltic gas passer... " - Mik, 6/14/08

    The saying, "Lite is just one damn thing after another," is a gross understatement. The damn things overlap.

    1 Reply Last reply
    • 89th8 Offline
      89th8 Offline
      89th
      wrote on last edited by
      #8

      2023: $4200
      2024: $5300
      2025: $7300 <- Just got this renewal notice today

      And we aren't even in a high risk area for anything! Maybe 7300 is a bargain with the aluminum, steel, and Canadian lumber tariffs from Trump

      1 Reply Last reply
      • HoraceH Offline
        HoraceH Offline
        Horace
        wrote on last edited by
        #9

        That would buy a lot of eggs.

        Education is extremely important.

        1 Reply Last reply
        • RenaudaR Offline
          RenaudaR Offline
          Renauda
          wrote on last edited by Renauda
          #10

          Property insurance is going up all over North America the last few years. Ours has increased by $800 over the last two years. The industry has to recoup its losses owing to the frequency of extreme weather events and wildfires causing not just property damage but total destruction and loss.

          Elbows up!

          89th8 1 Reply Last reply
          • JollyJ Offline
            JollyJ Offline
            Jolly
            wrote on last edited by
            #11

            Y'all need to live in smaller houses. 😛

            “Cry havoc and let slip the DOGE of war!”

            Those who cheered as J-6 American prisoners were locked in solitary for 18 months without trial, now suddenly fight tooth and nail for foreign terrorists’ "due process". — Buck Sexton

            1 Reply Last reply
            • jon-nycJ Offline
              jon-nycJ Offline
              jon-nyc
              wrote on last edited by
              #12

              I have a special insurance rider to cover my eggs.

              Only non-witches get due process.

              • Cotton Mather, Salem Massachusetts, 1692
              1 Reply Last reply
              • MikM Away
                MikM Away
                Mik
                wrote on last edited by
                #13

                Ours went up $100.

                “I am fond of pigs. Dogs look up to us. Cats look down on us. Pigs treat us as equals.” ~Winston S. Churchill

                1 Reply Last reply
                • RenaudaR Renauda

                  Property insurance is going up all over North America the last few years. Ours has increased by $800 over the last two years. The industry has to recoup its losses owing to the frequency of extreme weather events and wildfires causing not just property damage but total destruction and loss.

                  89th8 Offline
                  89th8 Offline
                  89th
                  wrote on last edited by
                  #14

                  @Renauda said in Home insurance spike:

                  Property insurance is going up all over North America the last few years. Ours has increased by $800 over the last two years. The industry has to recoup its losses owing to the frequency extreme weather events and wildfires causing not just property damage but total destruction and loss.

                  Yeah might have to find a local place that isn't trying to use my money to pay for Florida and California disasters. I moved to Minnesota for the skiing December-March, weather May-October, and the lack of natural disasters!

                  RenaudaR 1 Reply Last reply
                  • 89th8 89th

                    @Renauda said in Home insurance spike:

                    Property insurance is going up all over North America the last few years. Ours has increased by $800 over the last two years. The industry has to recoup its losses owing to the frequency extreme weather events and wildfires causing not just property damage but total destruction and loss.

                    Yeah might have to find a local place that isn't trying to use my money to pay for Florida and California disasters. I moved to Minnesota for the skiing December-March, weather May-October, and the lack of natural disasters!

                    RenaudaR Offline
                    RenaudaR Offline
                    Renauda
                    wrote on last edited by Renauda
                    #15

                    @89th

                    I wish you luck in finding an Insurer whose underwriters share your views rather than the collective risk. We get a comparatively good deal through a group home and vehicle plan my wife’s professional college offers for its membership and because I am over 65. Even then it is not by any means cheap.

                    Elbows up!

                    1 Reply Last reply
                    • 89th8 Offline
                      89th8 Offline
                      89th
                      wrote on last edited by
                      #16

                      Ha... I reached out to the local State Farm rep (he actually used to live in a house 4 down from where I live now). I'm sure his hands will be tied by his rates, but I'm giving him a shot at bundling our home, auto, and a special jewelry policy.

                      AxtremusA 1 Reply Last reply
                      • CopperC Offline
                        CopperC Offline
                        Copper
                        wrote on last edited by
                        #17

                        https://fred.stlouisfed.org/series/PCU9241269241262

                        image.png

                        1 Reply Last reply
                        • 89th8 89th

                          Ha... I reached out to the local State Farm rep (he actually used to live in a house 4 down from where I live now). I'm sure his hands will be tied by his rates, but I'm giving him a shot at bundling our home, auto, and a special jewelry policy.

                          AxtremusA Away
                          AxtremusA Away
                          Axtremus
                          wrote on last edited by
                          #18

                          @89th said in Home insurance spike:

                          ... and a special jewelry policy.

                          Yours, hers, or Aqua's sister's?

                          LuFins DadL 1 Reply Last reply
                          • jon-nycJ Offline
                            jon-nycJ Offline
                            jon-nyc
                            wrote on last edited by
                            #19

                            Handcuffs and nipple clamps don’t count as jewelry.

                            Only non-witches get due process.

                            • Cotton Mather, Salem Massachusetts, 1692
                            1 Reply Last reply
                            • AxtremusA Axtremus

                              @89th said in Home insurance spike:

                              ... and a special jewelry policy.

                              Yours, hers, or Aqua's sister's?

                              LuFins DadL Offline
                              LuFins DadL Offline
                              LuFins Dad
                              wrote on last edited by
                              #20

                              @Axtremus said in Home insurance spike:

                              @89th said in Home insurance spike:

                              ... and a special jewelry policy.

                              Yours, hers, or Aqua's sister's?

                              I don’t think Aqua’s Sister’s Pearl Necklace can be covered.

                              The Brad

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