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For those of us in Florida....we have been given a huge rate hike on our homeowner's insurance. Just found out our annual premium went from $734 to $1342!!

And flood insurance is now a seperate policy.... mine is $259 since I do not live in a flood zone.... geesh!

How does that compare nationwide?

...because your getting screwed!!! .....


$279 per year, no flood insurance required, on a $75,000 property, in Arizona.

ToplessRideFL wrote:For those of us in Florida....we have been given a huge rate hike on our homeowner's insurance. Just found out our annual premium went from $734 to $1342!!

And flood insurance is now a seperate policy.... mine is $259 since I do not live in a flood zone.... geesh!

How does that compare nationwide?

Live in a flood zone - it went from $750 to $1300.

The old place was 200 yards from the water and it wsa $1100 before the hike - no telling what it is now.

Oh, and this was for renters insurance, flood only Doesn't include wind and hail or contents.

Emerson_Bigguns wrote:

...because your getting screwed!!! .....


$279 per year, no flood insurance required, on a $75,000 property, in Arizona.

Flood isnt required here either.... and I shopped 10 companies.... all the big names arent writing policies in FL anymore..... My replacement value is 175k.

The house I had 2 years ago, it was about $660 year..

Rental insurance - same coverage for contents, about $60 a year.

SMLCHNG wrote:The house I had 2 years ago, it was about $660 year..

Rental insurance - same coverage for contents, about $60 a year.

wPs

Don't live in a flood zone (Noah was sailing the last time this place saw water!)-no flood ins. required. But, I do live in Southern California, my earthquake insurance doubles my premium..

Whats that line...Riots, fires and mud slides...sushi in the mall....shake and bake life with the quake...AND THE INSURANCE PREMIUMS!!!!

SMLCHNG wrote:The house I had 2 years ago, it was about $660 year..

Rental insurance - same coverage for contents, about $60 a year.

rental insurance??

tell me more. I rent, but no insurance

Sidew13 wrote:

SMLCHNG wrote:The house I had 2 years ago, it was about $660 year..

Rental insurance - same coverage for contents, about $60 a year.

rental insurance??

tell me more. I rent, but no insurance

Renter's insurance covers such things as contents, etc. in case of fire, theft and other mishaps. You declare what you think everything is worth, total it up and get coverage for that amoung.

Jodibug wrote:

Sidew13 wrote:

SMLCHNG wrote:The house I had 2 years ago, it was about $660 year..

Rental insurance - same coverage for contents, about $60 a year.

rental insurance??

tell me more. I rent, but no insurance

Renter's insurance covers such things as contents, etc. in case of fire, theft and other mishaps. You declare what you think everything is worth, total it up and get coverage for that amoung.

mmmm, me thinks me should talk to me agent

Sidew13 wrote:

Jodibug wrote:

Sidew13 wrote:

SMLCHNG wrote:The house I had 2 years ago, it was about $660 year..

Rental insurance - same coverage for contents, about $60 a year.

rental insurance??

tell me more. I rent, but no insurance

Renter's insurance covers such things as contents, etc. in case of fire, theft and other mishaps. You declare what you think everything is worth, total it up and get coverage for that amoung.

mmmm, me thinks me should talk to me agent

Yeah, you should, Joe. You really do need renters insurance.....

Sidew13 wrote:mmmm, me thinks me should talk to me agent

And its cheap..... I think my Mom's was $17 a month

ToplessRideFL wrote:

Sidew13 wrote:mmmm, me thinks me should talk to me agent

And its cheap..... I think my Mom's was $17 a month

oh no, I'll have to cut out a McD's meal a week

No flood insurance needed here. Mine is about $1000 a year, but my replacemant value is close to 7 figures.
So I would say you are getting screwed Topless.

NYCPORT wrote:So I would say you are getting screwed Topless.

Not laughing at the situation - just the way he said it...

NYCPORT wrote:No flood insurance needed here. Mine is about $1000 a year, but my replacemant value is close to 7 figures.
So I would say you are getting screwed Topless.

Insurance companies are always a license to steal, and when you live in a known, regular disaster area, the little guys in the green visors work overtime to make sure that you know you've been violated every way possible.

Four Play wrote:

NYCPORT wrote:So I would say you are getting screwed Topless.

Not laughing at the situation - just the way he said it...

I guess I should have seen that coming when I was typing it.

Florida really got screwed after Andrew .The insurance companies ( some were calling people telling them their policies were canceled) threatened to not cover Florida unless the legislature passed some favorable legislation for them...like how much the minimum detucible is...

Flood insurance is separate ( or used to be ) from regular homeowners insurance...and is covered by the Federal goverment....or was. They tell me I live on a flood plain....but if I ever get flooded out...the rest of the area will be on SCUBA gear.

Earlier this year quite a few homes took at least some flood damage from all of the heavy rains, and the people were told they did not live on a flood plane. The county guy was quoted on tv saying, "Everyone living in the area should know the whole area is a flood plain and should have flood insurance."... or words to that effect.

Roughly $450 for $160k without Flood insurance.

What is really bad is that the engagement ring adds another $100 per year.