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Old 11-13-2006, 07:57 PM
 
2 posts, read 5,632 times
Reputation: 10

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My Liberty Mutual bill just came. I live in Pinellas County. The rate has more than doubled going from $1,700 to $3,700. They value the structure at $319,000. I am in a flood zone, but I am paying another insurer for flood insurance.

I have been trying to get online quotes and got this email:

Thank you for using NetQuote's online Insurance Quote service. Currently, we do not have agents in your zip code. NetQuote is continuously striving to improve our service and are currently working on adding agents in your area.

When I try other websites, I get an error message that says I have already applied for a NetQuote and I am not eligible to reapply for 30 days. Anyone else have this problem?
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Old 11-13-2006, 08:08 PM
 
4,948 posts, read 18,694,658 times
Reputation: 2907
Quote:
Originally Posted by zzzfla View Post
My Liberty Mutual bill just came. I live in Pinellas County. The rate has more than doubled going from $1,700 to $3,700. They value the structure at $319,000. I am in a flood zone, but I am paying another insurer for flood insurance.

I have been trying to get online quotes and got this email:

Thank you for using NetQuote's online Insurance Quote service. Currently, we do not have agents in your zip code. NetQuote is continuously striving to improve our service and are currently working on adding agents in your area.

When I try other websites, I get an error message that says I have already applied for a NetQuote and I am not eligible to reapply for 30 days. Anyone else have this problem?
hi all pasco county will be stuck with citizens. Some are lucky they did not yet get a non renew. most companies have moved out of florida.
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Old 11-14-2006, 03:56 AM
 
2 posts, read 5,632 times
Reputation: 10
Default Florida Homeowner's

Ok. Thanks. Guess that's why they call it a crisis...
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Old 11-14-2006, 10:19 AM
 
4,948 posts, read 18,694,658 times
Reputation: 2907
Default insurance

Quote:
Originally Posted by zzzfla View Post
Ok. Thanks. Guess that's why they call it a crisis...
also what i found out, is if you do not have citizens you pay extra for reinsurance, what the insurance company buys to pay out money. also now they do a cost estamator baised on what it would cost to rebuilt your house.

so if your house would only sell for 250,00 and to rebuild is 325000 that is what you need. You also don't get a choice.
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Old 06-05-2007, 11:15 AM
 
6 posts, read 17,557 times
Reputation: 14
I am facing a cancellation with my homeowners insurance. Eight years ago,it was $651.00 now the quotes are $4232.00. I live in Seminole, FL, and have never had any claims. I understand that the location has a lot to do with the premiums. Although, we haven't had a hurricane for the past 28 years. I did read that Katrina victims are getting housing until 2008, child care and all kinds of incentives to get jobs. I wonder who is really paying for that??????
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Old 06-05-2007, 12:34 PM
 
3,041 posts, read 7,935,359 times
Reputation: 3976
Read my post,DanBev,on thread "Five companies to begin selling homeowners ins.",no one wants to sell at reasonable cost or say you are in high risk area.
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Old 06-05-2007, 01:13 PM
 
1,080 posts, read 4,586,960 times
Reputation: 613
Default Citizens

First they send me a bill for $4,500.......got house reappraised, increased deductable, and got it down to $2,200, then another letter down to $1,700
today received another letter down to $1,300, getting a refund of $400.00
Way to go Citizens.

Can't understand this insurance business, house next door is a sinkhole house
people bought it and got insurance on it, I'm told because I live next door
I can only go with Citizens, who after Sept. will not have sinkhole insurance
but you will have to request it and pay for it and then the only coverage you have is if the whole house goes down a hole, no coverage for cracks,
windows unlevel or partial sinkholes. So damned if you do, damned if you don't.
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Old 06-05-2007, 09:44 PM
 
246 posts, read 1,018,970 times
Reputation: 68
Quote:
Originally Posted by Songbird42 View Post
First they send me a bill for $4,500.......got house reappraised, increased deductable, and got it down to $2,200, then another letter down to $1,700
today received another letter down to $1,300, getting a refund of $400.00
Way to go Citizens.

Can't understand this insurance business, house next door is a sinkhole house
people bought it and got insurance on it, I'm told because I live next door
I can only go with Citizens, who after Sept. will not have sinkhole insurance
but you will have to request it and pay for it and then the only coverage you have is if the whole house goes down a hole, no coverage for cracks,
windows unlevel or partial sinkholes. So damned if you do, damned if you don't.
Wow, that is great. With Citizens do you have to pay for HO yearly or make monthly payments?
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Old 06-13-2007, 10:21 AM
 
Location: somewhere in the south
403 posts, read 1,580,807 times
Reputation: 287
I would wait because I heard that Chris is considering lowering insurance.
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