Home insurance increase.

[DRC458]

We switched to State Farm this year. We had been with SafeCo for two or three years, and they kept going up. They had our house way over-valued and would not lower it to a reasonable valuation. I don't remember exact numbers, but it seems like they were trying to go up about a hundred bucks a month on our auto and two-hundred on our home. I talked with a State Farm agent who I know personally and got our home insured for a reasonable value and the premium for both our home and autos is less than what SafeCo wanted for just the home.

 

[1shott]

Alot depends on what kind of coverage you have.

I have full replacement for structure, contents and outbuildings.

I have seen some increases, maybe $200 this year. But I also know that building materials have increased substantially and are edging back up again after dropping some. So it just goes that my cost would increase as well not that I am thrilled.

I could lower my rates by reducing my coverage and raising my deductible but the way I see it if I am paying for insurance I want the most bang for my buck I can get.

I have state farm, since about 2003 or so.

 

[GeneW]

I've been with Farmers for quite a few years and they've kept going up.

In fact, about 8 years ago I switched from Farmers to All State, got a much better price.

About 3 years ago All State got so dang much more expensive $$$ that I called around for quotes and ended up back at Farmers once again.

The last year Farmers has jumped way back up in price, so I called around again and decided to go back to All State.

Crazy huh?

Soi I called Farmers told and told them I was leaving them for another company because they were just too dang high!

Guess what? The woman at Farmers, who had refused to lower my premium the week before, ALL OF A SUDDEN "found" a NEW PRODUCT that they were selling at a much better price, in fact about 40% lower.

I asked her WTF you didn't tell me about this "new product" last week, how long have you guys had it?

No answer from her, just mumbling.

Pissed me off.

Anyway, she went down a bit lower and beat the All State quote but about another 10%.

Pissed me off some more again!

Anyway, it was going to be the usual hassle of setting up the auto pay crap and other crap, and I was worn out, just told her to sign me up with the "new product" so I could be done with it for awhile.

EVERYTHING is a pain in the wazoo !!! Companies don't give a crap, customer service has become customer non-service , can't get straight answers or a straight deal, have to spend way too much time trying to navigate the crap and such.

Rant over!!! (well for now anyway).

 

[GeneW]

It’s worth it to call around. Companies offer more to bring people in than they do for retention,

Aint that the gosh darned truth!!!

I can't understand how much money is spent on advertising and mailings and such so they can get a new customer, instead of taking care of existing customers and making us happy.

It's silly stupid, its more than ignorant, it's ignert, and they don't even give you a reach around.

 

[Profreedomokie]

Oklahoma has the highest homeowner's rate in the country. We pay 25 % above the national average. This sucks. Ours went up so we could pay for the hurricane in Fla.

 

[streak]

Quit trying to look up individual companies. Call Leblanc insurance associates out of Edmond and do their questionnaire stuff with them. They shop a whole gamut of insurance companies and let you choose which one you think fits you. I’m not associated with them other than a customer and I couldn’t be happier. For me, Safeco ended up being the best fit. And after I get my newest firearm/jewelry rider list updated I will likely have them look at my stuff again and see if Safeco is still the best fit or if I need to move

 

[MilitantBEEMER]

My homeowners insurance in Oregon on a more expensive home cost me $695 a year. My home here in Tulsa cost less and is pushing $3,500 a year

 

[TinkerTanker]

2ndvote just did a comparison on "woke" insurance agency State farm vs National General. See the results:
https://www.2ndvote.com/company-contrast-national-general-insurance-vs-state-farm/

 

[dennishoddy]

Oklahoma has the highest homeowner's rate in the country. We pay 25 % above the national average. This sucks. Ours went up so we could pay for the hurricane in Fla.

This is the answer about why your insurance is going up. Because of the hail, tornado's and floods, Oklahoma has the highest rates in the country.

 

[tiasman]

Always always always shop around every year. They owe you no loyalty nor you owe them. There are companies taking rate every year, and companies giving rate.

Its not personal for them, make it a business decision for you too.

I’m paying the same premium I was 5 years ago by switching to the lowest bidder with the coverage I want every year.