Home and Car Insurance (Palm Valley: broker, buying a house, buying)

[Caroline Hope]

We live in California and looking to relocate to PVB. Can anyone share with me what home and car insurance costs are out there. We are looking at a 3/2 home that is located in a non-floodzone part of PVB. Thanks!

[Florida2014]

Geico/Progressive for car insurance. I shop every six months and they always come in the lowest for us and both company's customer service are top notch.

In terms of home insurance, I just hooked up with a local broker to shop us around, I do not know enough home insurers to be able to intelligently do the shopping on my own.

[Caroline Hope]

Are you in PVB? If so, when you do get rates, would you mind sharing what your finding at least ball park? We are just trying to get a good idea of what things cost out there compared to here and we heard that those two are higher. Thanks!

[Ivan Putski]

I'm in PVB. So many variables so it's probably not even worth it to give you the figures but here goes:

2 cars: Total ANNUAL premium is $1,224 with Metlife after my wife's company's corporate discount and payroll deduction discount etc. (used to go back and forth between Geico and Progressive but they consistently came in at $800 per 6 months or $1,600 per year). Would likely be about $1,450 per year without corporate discounts. No points/accidents in the past 5 years.

Liability coverage: $250k per person/$500k per accident.
Property Damage: $100k per accident
Uninsured Motorist: $250k per person/$500k per accident

Car 1) 2010 luxury SUV with $1,000 deductible for collision/comp = $700
Car 2) 2006 beater SUV no collision/comp = $524 (car's worth less than $1k)

Homeowners (we're in Palm Valley section of PVB - again, so many variables so take it for what it's worth): No pool, 3,000 sqft home approx 1.5 miles from the beach, flood zone X (as of 2019) = $1,770 per year (includes $25k dog liability coverage). New roof in 2017 (makes a difference - homes with shingle roofs that are over 20 years old pay considerably more - moral of the story: if you're buying a house with an old roof, make sure you factor that cost into your offer).

Was $1,280 year before but this year, they factored in Hurricane Irma and Michael into the premium.

We're not required to have flood but we pay $500/year for FEMA/NFIP subsidized standard flood coverage.

Also have $1M Umbrella liability ins. coverage = $240 per year