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09-16-2009, 10:40 AM
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Senior Member
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Join Date: May 2007
8,134 posts, read 4,086,958 times
Reputation: 1690
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Insurers may need rate increases despite quiet season
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09-16-2009, 11:04 AM
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Senior Member
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Join Date: Jul 2007
Location: Tampa Bay
1,349 posts, read 1,069,868 times
Reputation: 261
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not good news -
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09-16-2009, 11:11 AM
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Now you've gone and done it... Big mistake...
Status:
"I need to go shopping. 2" thick Porterhouse on my list."
(set 3 days ago)
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Join Date: Jun 2008
Location: In the land of Nodding
82,682 posts, read 5,344,979 times
Reputation: 28593
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Why should FL premiums be used to offset other global loses?
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09-16-2009, 11:46 AM
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Senior Member
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Join Date: Jul 2007
108 posts, read 103,819 times
Reputation: 61
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My Homeowners Insurance has already gone up 35% since last year due to "approved rate changes"...
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09-16-2009, 11:49 AM
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Senior Member
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Join Date: Apr 2009
193 posts, read 77,253 times
Reputation: 71
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Quote:
Originally Posted by Nomadicus
Why should FL premiums be used to offset other global loses?
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And when FL got hit, only FL premium went up (?). This make no sense to me! |
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09-16-2009, 02:10 PM
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Senior Member
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Join Date: May 2007
8,134 posts, read 4,086,958 times
Reputation: 1690
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Actually my HO went down for the last 2 years. We were forced to switch because Ins. stopped writing in Fl and we were taken over by another comp. with the same conditions and but the premium went down a lot...Now I'm paying $ 1120.- (just paid yesterday) for a 3475 sqft home outside of a flood zone...Everything is incl. even personal property for over $ 200K, except from flooding, but we live more inland.
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09-16-2009, 03:34 PM
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Real Estate Agent
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Join Date: Oct 2006
236 posts, read 104,222 times
Reputation: 65
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time to buy stock in insurance companies before they go up then  |
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09-18-2009, 07:15 AM
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Senior Member
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Join Date: Jul 2007
108 posts, read 103,819 times
Reputation: 61
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Quote:
Originally Posted by lavender
time to buy stock in insurance companies before they go up then |
I cant in good conscience invest my money in companies who exist solely to rip people off. |
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09-18-2009, 08:23 AM
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Senior Member
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Join Date: May 2007
8,134 posts, read 4,086,958 times
Reputation: 1690
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Quote:
Originally Posted by wiltznucs
I cant in good conscience invest my money in companies who exist solely to rip people off.
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Well if you can make money that way, wouldn't that be nice...I wouldn't mind  |
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09-18-2009, 12:31 PM
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Senior Member
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Join Date: Oct 2007
Location: North Port
252 posts, read 102,624 times
Reputation: 54
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