U.S. CitiesCity-Data Forum Index
Go Back   City-Data Forum > U.S. Forums > Alabama > Huntsville-Madison-Decatur area
 [Register]
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
View detailed profile (Advanced) or search
site with Google Custom Search

Search Forums  (Advanced)
Reply Start New Thread
 
Old 04-12-2008, 10:45 AM
 
3 posts, read 41,764 times
Reputation: 13

Advertisements

We just bought a house on the Limestone County side of Madison City. I got a quote from State Farm for $1350 AFTER our car discounts and a quote for the exact same thing from Allstate WITHOUT a car discount for $550. Why is there such a big difference? It just seems odd that there's such a huge difference in the price.

Last edited by jonboy123; 04-12-2008 at 11:21 AM.. Reason: more information
Reply With Quote Quick reply to this message

 
Old 04-12-2008, 10:50 AM
 
Location: North Alabama
567 posts, read 1,520,561 times
Reputation: 150
Quote:
Originally Posted by jonboy123 View Post
We just bought a house on the Limestone County side of Madison City. I got a quote from State Farm for $1350 and a quote for the exact same thing from Allstate for $550. Why is there such a big difference? It just seems odd that there's such a huge difference in the price.
That is strange. I live in Limestone county and State Farm was the least expensive.
Reply With Quote Quick reply to this message
 
Old 04-12-2008, 11:06 AM
 
871 posts, read 2,525,596 times
Reputation: 182
One is for a year and the other is for 6 months? Also make sure you get the sinkhole insurance rider. You are not covered for sink holes with a standard homeowners policy in Alabama.
Reply With Quote Quick reply to this message
 
Old 04-12-2008, 11:09 AM
 
Location: Alabama!
5,802 posts, read 15,484,564 times
Reputation: 4272
Or flooding. That's a separate insurance policy.
Reply With Quote Quick reply to this message
 
Old 04-12-2008, 11:19 AM
 
3 posts, read 41,764 times
Reputation: 13
No they are both for a full year. Maybe State Farm considers it Madison City prices and Allstate considers it Limestone County prices? But still it shouldn't be that much of a difference, should it?
Reply With Quote Quick reply to this message
 
Old 04-12-2008, 12:01 PM
 
Location: Huntsville, AL
2,221 posts, read 2,602,600 times
Reputation: 482
Quote:
Originally Posted by jonboy123 View Post
We just bought a house on the Limestone County side of Madison City. I got a quote from State Farm for $1350 AFTER our car discounts and a quote for the exact same thing from Allstate WITHOUT a car discount for $550. Why is there such a big difference? It just seems odd that there's such a huge difference in the price.
Did you have your home built, or did you buy an existing home? Because Allstate has the lowest homeowners insurance around for new construction homes.
Reply With Quote Quick reply to this message
 
Old 04-12-2008, 12:53 PM
 
Location: North Alabama
567 posts, read 1,520,561 times
Reputation: 150
Yes it could. State farm was that much less than Auto Owners for me when I built my new house. I am in rural area and my rate is around $650.00 a year with VFD.
Reply With Quote Quick reply to this message
 
Old 04-12-2008, 01:18 PM
 
Location: Las Flores, Orange County, CA
26,346 posts, read 80,765,097 times
Reputation: 17411
Could be each carrier has specific targets they favor. Different auto insurance companies (I think) favor certain types of cars???

Also, sort of related, purchasing insurance isn't too hard for auto, and it isn't too hard for homeowners. What's hard is purchasing both from the same company because of bundled or packaged discounts. I haven't searched in a awhile but I'd like to find a one-stop-shop website that allows comparison shopping for a whole package. That is, given my auto insurance requirements and my homeowners insurance requirements, which company has the lowest rates for the whole thing?
Reply With Quote Quick reply to this message
 
Old 04-12-2008, 07:26 PM
 
Location: Madison, AL
410 posts, read 1,466,081 times
Reputation: 127
There can be huge differences; it defies logic. But do be sure you are comparing the EXACT same coverage; the standard policy terms vary among providers. Also be cautious when using internet/telephone brokers, because I have seen them use the bait and switch tactic when quoting prices -- when you call back there's some bogus reason why you couldn't get THAT rate they quoted.
Reply With Quote Quick reply to this message
 
Old 04-12-2008, 09:45 PM
 
Location: Alabama!
5,802 posts, read 15,484,564 times
Reputation: 4272
We have homeowners AND auto with Alfa.
My mom had both with State Farm, but they went WAY up on her homeowners. The agent said they really wanted to get out of homeowners. Of course, they're the guys who insured a lot of homes in Florida and the coastal areas.
Reply With Quote Quick reply to this message
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.

Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.


Reply
Please update this thread with any new information or opinions. This open thread is still read by thousands of people, so we encourage all additional points of view.

Quick Reply
Message:


Options
X
Data:
Loading data...
Based on 2000-2016 data
Loading data...

123
Hide US histogram

Over $104,000 in prizes was already given out to active posters on our forum and additional giveaways are planned!

Go Back   City-Data Forum > U.S. Forums > Alabama > Huntsville-Madison-Decatur area
Similar Threads
Follow City-Data.com founder on our Forum or

All times are GMT -6.

2005-2018, Advameg, Inc.

City-Data.com - Archive 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35 - Top