[Soccer4me]

House cost $300,000. Homeowners ins $1800.00 Flood ins. $300.00 (lived 8 miles from the beach!) Taxes $5500.00 Auto ins is higher in Fl for 2 adults than when we lived up north with 2 adults and 1 college student. We were not prepared for that! Without our mortgage P&I, we were paying $633.00 just for taxes and homeowners ins. We never had a claim in the two years we lived there, but ins went up anyway. My sister had one small claim with wind damage and her company dropped her and the only coverage she can now afford is $1800.00 a year with a $5000.00 hurricane deductible!!! The approx value of her house is $250,000.00 They are struggling and working 6 days a week! But, they are stuck there, as you cannot sell your home, the values are down approx 30% of the purchase. Because of the economy and also the huge influx of illegals that have taken over the areas.

[JPPH]

Originally Posted by kath2210

House value: $230,000
Insurance cost: $1552.74 (went up $245.00 for 9/06 - 9/07 - State Farm)

Location: Sebring, Fl.

How do i get this cheap insurance rate?? We just recently got our homeloan modified and our nsurance is so outragious that tje modification didnt even help. I am just curious to know how do you get deals lime tbese?

[bigh110]

Originally Posted by JPPH

How do i get this cheap insurance rate?? We just recently got our homeloan modified and our nsurance is so outragious that tje modification didnt even help. I am just curious to know how do you get deals lime tbese?

this thread is from 2008 insurance is alot more expensive now. if you live close to the coast it is prohibitively expensive. if you have a older ground level home (less than 4 feet off the ground) with no hurricane credits you are paying out the wazoo!!!

I pay $1260 for flood $810 for homeowners and $2980 for windstorm for a max 111k worth of coverage with no coverage on personal belongings/furnishings. my house with the lot included is worth about 215k

[yogurt543]

stay away from Allstate, they are the worst. Even if the price is cheap, the claims will never be paid no matter what you do.There was a 10 worst list somewhere on the internet and they were listed as the number one worst insurance. They never pay for anything. We have pics of hail, holes in our roof (they consider a bad roofing job), hornets coming in from the damage, a pool that was crushed and a fence problem. I would say do your homework and look at that list. The top ten obviously got there for a reason and they are probably less than all at first for quotes. Stay away. We're in Michigan, so we are not able to help in Florida other than say stay away ALLSTATE IS HORRIBLE.

[yogurt543]

We found that ALLSTATE IS HORRIBLE, be glad you got away before you had a problem. They are terrible. We just went through a horrible problem and they do not cover anything. I think they are hurting money wise for some reason. The government needs to step in and make them pay claims that they have lied about. It's over and over again. Hopefully the FTC or someone will get involved. File with the BBB it will make a difference for those learning.