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Old 06-21-2021, 04:47 PM
 
9,265 posts, read 8,276,961 times
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Homeowners went up 27% this year. It has nearly doubled since 2018. Amica. Time to look around again.

What is everyone else seeing?

I know construction materials are expensive at the moment and we're in the midst of a massive run of inflation, but I hope everyone is enjoying their free roofs.

Last edited by m378; 06-21-2021 at 04:59 PM..
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Old 06-21-2021, 05:00 PM
 
Location: Where the College Used to Be
3,731 posts, read 2,059,578 times
Reputation: 3069
Quote:
Originally Posted by m378 View Post
Homeowners went up 27% this year. It has nearly doubled since 2018. Amica. Time to look around again.

What is everyone else seeing?

I know construction materials are expensive at the moment, but I hope everyone is enjoying their free roofs.

Don't have anything to really add, other than your last line made me audibly laugh.

We skipped "Roof-a-poolza" when it came to town last year. Granted, our house; on its third roof since it was built in 2006, I'm guessing didn't "need" one (I somehow missed the hail storm that hit my neighbor's house 87 feet NNW of here).

I do recall talking to a buddy, saying much of what you said here (hope all these guys realize what they are about to do to our Insurance rates). His reply was an all timer....

"What's the point of being honorable, by not filling a claim, when everyone you around is? That doesn't make you honorable. It makes you a fool and a sucker".

What do I know.... (our policy went up $200 this year, 11%)
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Old 06-21-2021, 05:04 PM
 
Location: Durham NC
5,155 posts, read 3,763,782 times
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20% increase in March with Geico. Checked around and it was in line if not still cheaper than the rest.
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Old 06-21-2021, 05:05 PM
 
Location: Apex, NC
3,307 posts, read 8,563,286 times
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Quote:
Originally Posted by m378 View Post
Homeowners went up 27% this year. It has nearly doubled since 2018. Amica. Time to look around again.

What is everyone else seeing?

I know construction materials are expensive at the moment and we're in the midst of a massive run of inflation, but I hope everyone is enjoying their free roofs.
Just cut my H/O insurance nearly 40% by switching from USAA to Amica. I have no doubts it will rise again with Amica at some point, in which case I'll be shopping again.
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Old 06-21-2021, 05:10 PM
 
Location: Raleigh, NC
6,656 posts, read 5,593,819 times
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My homeowners is up 30% this year but my auto insurance is down so I'm actually paying less in monthly combined premiums than last year (Amica)
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Old 06-21-2021, 05:24 PM
 
Location: Research Triangle Area, NC
6,380 posts, read 5,500,035 times
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No change with State Farm yet. Gotta love that HO-6 life. But closing on a SFH next month and keeping the condo so hoping the umbrella/bundling I'm about to dive into can be made work in my favor.
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Old 06-21-2021, 06:02 PM
 
Location: Raleigh, NC
4,557 posts, read 3,758,043 times
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Is homeowners insurance similar to auto insurance? Where they penalize you for being loyal customers?
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Old 06-21-2021, 06:22 PM
 
9,265 posts, read 8,276,961 times
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Originally Posted by HouseBuilder328 View Post
Is homeowners insurance similar to auto insurance? Where they penalize you for being loyal customers?
Yes - and penalize you for paying for your home maintenance out of pocket.
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Old 06-21-2021, 06:42 PM
 
Location: under the beautiful Carolina blue
22,671 posts, read 36,810,996 times
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Haven't got an increase but I'm going to be shopping all my insurance soon.

Amica is one of the more expensive insurers. But they have great claim service and if your house burns down you don't want to be insured with a crap insurer (I don't work for them).
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Old 06-21-2021, 06:46 PM
 
9,265 posts, read 8,276,961 times
Reputation: 7613
Quote:
Originally Posted by twingles View Post
Haven't got an increase but I'm going to be shopping all my insurance soon.

Amica is one of the more expensive insurers. But they have great claim service and if your house burns down you don't want to be insured with a crap insurer (I don't work for them).
What are the crappy insurers?
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