Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
Just saw the quote for renewing my umbrella policy (with RLI Corp), it's an increase of over 40% from last year. I expected it with home insurance, car insurance wasn't that bad, this seems excessive.
Has anyone else renewed yet this year that can share what their premiums are looking like compared to last year?
I have a $5 million policy and my renewal quote is $1,700
Wow. I checked $5m for me, would be $432 a year. I guess location really does matter. Or maybe ( also ) the umbrella coverage is on top of other coverage you have. My auto insurance provide $1m coverage.
I can believe the high rates in NYC. When I lived up there ( near NYC ) in the 70s even auto insurance was unaffordable for many people.
I knew that cost of living varies a great deal. I just didn't realize how much non-property insurance rates could vary. While living in rural VA my home insurance rates were steadily climbing, even though my taxes were pretty much even.
Before that I lived in NOVA. When I retired I headed south to a low cost of living area.
Wow. I checked $5m for me, would be $432 a year. I guess location really does matter. Or maybe ( also ) the umbrella coverage is on top of other coverage you have. My auto insurance provide $1m coverage.
I can believe the high rates in NYC. When I lived up there ( near NYC ) in the 70s even auto insurance was unaffordable for many people.
I knew that cost of living varies a great deal. I just didn't realize how much non-property insurance rates could vary. While living in rural VA my home insurance rates were steadily climbing, even though my taxes were pretty much even.
Before that I lived in NOVA. When I retired I headed south to a low cost of living area.
I'm on the coast in Central Florida. Not a real high cost of living area historically, but it's starting to be.
Want to lower cost of umbrella and homeowners' insurance ?
Get rid of the big dog.
8 lb. maltipoo - she couldn't hurt anyone except maybe their ears with her barking.
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.
Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
