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Old 09-16-2009, 09:40 AM
 
26,747 posts, read 41,090,469 times
Reputation: 14893

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There we go again....rates go up!

Insurers may need rate increases despite quiet season
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Old 09-16-2009, 10:04 AM
 
Location: Tampa, FL
27,798 posts, read 27,694,917 times
Reputation: 14611
not good news -
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Old 09-16-2009, 10:11 AM
 
Location: Middle Tennessee
206,010 posts, read 79,539,905 times
Reputation: 133371
Why should FL premiums be used to offset other global loses?
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Old 09-16-2009, 10:46 AM
 
265 posts, read 884,099 times
Reputation: 251
My Homeowners Insurance has already gone up 35% since last year due to "approved rate changes"...
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Old 09-16-2009, 10:49 AM
 
2,726 posts, read 4,586,890 times
Reputation: 2341
Quote:
Originally Posted by Nomadicus View Post
Why should FL premiums be used to offset other global loses?
And when FL got hit, only FL premium went up (?). This make no sense to me!
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Old 09-16-2009, 01:10 PM
 
26,747 posts, read 41,090,469 times
Reputation: 14893
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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Old 09-16-2009, 02:34 PM
 
Location: Beautiful Pinellas County
1,430 posts, read 2,632,994 times
Reputation: 1025
time to buy stock in insurance companies before they go up then
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Old 09-18-2009, 06:15 AM
 
265 posts, read 884,099 times
Reputation: 251
Quote:
Originally Posted by lavender View Post
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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Old 09-18-2009, 07:23 AM
 
26,747 posts, read 41,090,469 times
Reputation: 14893
Quote:
Originally Posted by wiltznucs View Post
I cant in good conscience invest my money in companies who exist solely to rip people off.
Well if you can make money that way, wouldn't that be nice...I wouldn't mind
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Old 09-18-2009, 11:31 AM
 
Location: North Port
325 posts, read 911,991 times
Reputation: 101
Make sure to have a Wind Mitigation Inspection done.
What are Wind Mitigation Inspections? - Lastest news and project info (http://www.kbremodelers.com/blog/entry/219241/what-are-wind-mitigation-inspections - broken link)
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