Property Insurance

[danielyp29]

I just did it quickly online and it was with Homesite. Also noticed the roof deductible is 1% of dwelling coverage if the roof is 5 year or newer which mine is right at 5 years old. I'm currently with Nationwide and the price hike was fairly steep, but I would keep my $1000 deductible on everything including roof replacement. I did have my first 2 claims in the last 2 years, 1 auto and 1 homeowners. Before that I was clean for 6 years. Nationwide was easy to deal with on both.

Really feels like auto is where I could save money depending on loss of multi policy with Nationwide.

How much did your coverage limits go up? Companies have been pretty aggressive with the Replacement Cost valuations, so if your home coverage limits went up 15%, the overall premium would follow in addition to the rate taken

 

[zarnold56]

No coverage increases, dwelling and such same amount as last year

 

[twincyties]

...and record corperate profits?

I don’t think the insurance companies are exactly printing money right now. Some are actually becoming insolvent or have their carrier ratings downgraded which will soon serve the same effect because no one with a mortgage on their house can use them if their rating is too low

 

[chadly82]

I don’t think the insurance companies are exactly printing money right now. Some are actually becoming insolvent or have their carrier ratings downgraded which will soon serve the same effect because no one with a mortgage on their house can use them if their rating is too low

Yup, we need to have a good year this year with no major storms preferably.

 

[chadly82]

Today is not going to help the insurance crisis in iowa and everywhere else

 

[twojman]

Today is not going to help the insurance crisis in iowa and everywhere else

Was going to say the same things. Some pretty nasty hits today. Hopefully the fatalities are low.

 

[NWICY]

Yup, we need to have a good year this year with no major storms preferably.

This didn't age well

 

[cowgirl836]

Today is not going to help the insurance crisis in iowa and everywhere else

Told husband Omaha was getting hit and he said whelp there goes the bonus for next yr.