|
07-17-2009, 09:06 AM
|
|
Junior Member
|
|
Join Date: Jul 2009
Reputation: 10
|
|
Omaha American Family Insurance UMBRELLA Premium Increase!
I just noticed a huge increase in American Family Insurance UMBRELLA Premium Increase!
- Last year 2008-09, our premium was $400/year.
- American Family Insurance just sent us a renewal notice for 2009-10 and the invoice is now $1900/year! Wow!
- We have not had any claims in the last 4 years.
Does anyone know why this HUGE jump in Premium? Does it have anything to do w/ the Insurance Industry as a whole (The Wall St fallout, the AIG fallout etc. etc.?).
Thanks.
cn90
Omaha Nebraska
|
|
07-18-2009, 05:00 PM
|
|
Senior Member
|
|
Join Date: May 2007
Location: Papillion
2,432 posts, read 2,342,398 times
Reputation: 599
|
|
|
Curious... what's the reason your Agent gave you? He might know a little more than those of us on a discussion board..
|
|
07-21-2009, 01:31 PM
|
|
Junior Member
|
|
Join Date: Jul 2009
Reputation: 10
|
|
Quote:
Originally Posted by Dave1215
Curious... what's the reason your Agent gave you? He might know a little more than those of us on a discussion board..
|
Update,
As it turns out, my nephew who lived temporarily with us while going to college, had a car accident 6 months ago, so insurance companies increase the premium.
After talking to them, the premium is back down to $400/year! Whew! |
|
07-21-2009, 01:43 PM
|
|
Senior Member
|
|
Join Date: Jun 2009
Location: Wyoming
240 posts, read 112,179 times
Reputation: 95
|
|
Quote:
Originally Posted by cn90
Update,
As it turns out, my nephew who lived temporarily with us while going to college, had a car accident 6 months ago, so insurance companies increase the premium.
After talking to them, the premium is back down to $400/year! Whew!
|
Robbers - that's what they are. |
|
07-21-2009, 04:30 PM
|
|
Senior Member
|
|
Join Date: May 2007
Location: Papillion
2,432 posts, read 2,342,398 times
Reputation: 599
|
|
Quote:
Originally Posted by cn90
Update,
As it turns out, my nephew who lived temporarily with us while going to college, had a car accident 6 months ago, so insurance companies increase the premium.
After talking to them, the premium is back down to $400/year! Whew!
|
Great info - thanks for sharing... amazing what can trigger higher risk profiles... |
Please register to post and access all features of our very popular forum. It is free and quick.
Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.
|
|
Welcome to City-Data.com forum! Make sure to register - it's free and very quick! You have to register before you can post and participate in our discussions with 700,000 other registered members. User profiles and some forums can only be seen by registered members. After you create your free account you will be able to customize many options, you will have the full access to over 15,000 posts/day about local topics and you will see fewer ads. 
Linear Mode
