Feel free to shop around, companies that were competitive 5 years ago probably aren’t anymore (Farmer’s, State Farm, Safeco) and if you haven’t had a claim in that long, think about cancelling your coverage all together. The rates will never be where they were 5 years ago, just like gas prices aren’t ever going to be below $1 per gallon again. The cost of everything increases, even insurance, it’s just an ecnomic principal, may as well get used to it. If your house burns down you’ll appreciate paying those premiums.
Rates may go down and become more competetive? My homeowners is up 30% over the last two years and that was at competetive rates! I have had only one small claim in 20-years and that being over 10-years ago. So TDI, don’t tell me, “Good News!”.
I AGREE WITH RAY. MY HOMEOWNER RATES HAVE MORE THAN DOUBLED OVER THE LAST 5 YEARS, FROM $700 TO $1600, AND THIS IS EVEN WITH MY HOME & AUTO DISCOUNT, AND NO CLAIMS FOR OVER 10 YEARS. IF THIS IS GOOD NEWS, I CAN’T STAND ANY MORE OF IT !!!!!
As a 36yr. property adjuster in Texas I know a little about HO coverage. I do know that when you go from an HOB(broadform coverage) to a HOA (named peril coverage), delete some of the named perils and the rates don’t go down dramatically there is something amiss. I think someone has “snow jobbed” the TDI.
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Feel free to shop around, companies that were competitive 5 years ago probably aren’t anymore (Farmer’s, State Farm, Safeco) and if you haven’t had a claim in that long, think about cancelling your coverage all together. The rates will never be where they were 5 years ago, just like gas prices aren’t ever going to be below $1 per gallon again. The cost of everything increases, even insurance, it’s just an ecnomic principal, may as well get used to it. If your house burns down you’ll appreciate paying those premiums.
Rates may go down and become more competetive? My homeowners is up 30% over the last two years and that was at competetive rates! I have had only one small claim in 20-years and that being over 10-years ago. So TDI, don’t tell me, “Good News!”.
I AGREE WITH RAY. MY HOMEOWNER RATES HAVE MORE THAN DOUBLED OVER THE LAST 5 YEARS, FROM $700 TO $1600, AND THIS IS EVEN WITH MY HOME & AUTO DISCOUNT, AND NO CLAIMS FOR OVER 10 YEARS. IF THIS IS GOOD NEWS, I CAN’T STAND ANY MORE OF IT !!!!!
As a 36yr. property adjuster in Texas I know a little about HO coverage. I do know that when you go from an HOB(broadform coverage) to a HOA (named peril coverage), delete some of the named perils and the rates don’t go down dramatically there is something amiss. I think someone has “snow jobbed” the TDI.