My insurance renewal up 300% !

I just received word today that our wind and hail policy on my townhome, which is attached, and we have a comercial policy, is being raised 300% on our renewal.
I am quite ill right now

YIKES ... I don't even know what to say.

Who is the insurance company? It will be interesting to see what kind of profits they report for the third quarter ... in fact, maybe that is your revenge -- buy their stock!

I wonder if everything would be alright if we all just avoided opening that which has become known as the dreaded mailbox. :scratch: No tax bill, no non-renewed insurance news, no increased rates news, no bills of any sort. What if everyone just refused to pay any bill again? Wait, how would I make money if I couldn't send out bills? Cancel that thought.

Geez, SJ, I was sick enough, now I have to look at that tar? what is it? EEEW

Geez, SJ, I was sick enough, now I have to look at that tar? what is it? EEEW

That was a fresh Apalachicola Raw Oyster sitting on a pile of 50 empty shells.

That was a fresh Apalachicola Raw Oyster sitting on a pile of 50 empty shells.

YUMMY!!!!!!! I want some!!!!!

in sympathy, Mango.

Even if your imagination had gone wild, I am sure that is far worse than anything that crossed your mind.

That was a fresh Apalachicola Raw Oyster sitting on a pile of 50 empty shells.

You ate all that yourself?

It doesn't renew till February, so we have time to look around.
Another Board member who handles the insurance, thinks I am over-reacting, and that if we have no hurricanes this season, the insurance companies will re-balance themselves This he says he has heard from many agents.

I think otherwise.

You ate all that yourself?

It doesn't renew till February, so we have time to look around.
Another Board member who handles the insurance, thinks I am over-reacting, and that if we have no hurricanes this season, the insurance companies will re-balance themselves This he says he has heard from many agents.

I think otherwise.

It doesn't mean anything yet, but tell that person to check out what could potentially become Hurricane Ernesto.

my double wide trailer was insured at $30,000 for $120 a month. The insurance company has notified me that it will be double or triple to renew. $360 dollars a month for insurance on a double wide in defuniak. They have got to be kidding me. Well, please no one set my house on fire because it no longer can be insured unless a money tree starts growing out back!!!!!

Good Reason to Vote;

Please go and vote in the upcoming elections. See where your candidate stands on insurance issues. If he or she getting big donations from the big insurance company look out

SJ- Do you not know that you living in a great country that does not required people to pay their bills. Buy everything and transfer all of your assets to some one else and file for bankruptcy. I see this everyday. Makes me wonder why I am paying my bills on time or even working. Do not get me wrong some people have no choice but to file bankruptcy due to health or other reasons, but some just what to get out of debt the easy way and not have to pay for the toys they bought.

just a thought

the hutch

Good Reason to Vote;

Please go and vote in the upcoming elections. See where your candidate stands on insurance issues. If he or she getting big donations from the big insurance company look out

INSURANCE COMPANIES SHOWER FLORIDA POLITICIANS WITH DONATIONS

"While some candidates criticize the law as an industry sellout, Florida's top insurance regulators, such as state Chief Financial Officer Tom Gallagher, a Republican running for governor, say it was just the start of a solution. His 2006 gubernatorial campaign has received at least $379,000 in donations from the insurance industry. Only the Republican and Democratic state parties and Bush's gubernatorial campaigns have received more money from the state's insurers than Gallagher has taken in for his 2006 race for governor."

a good reason to vote for a third party candidate! Get rid of all the democrats & republicans.....................the government is way too corrupt.

a good reason to vote for a third party candidate! Get rid of all the democrats & republicans.....................the government is way too corrupt.

:clap_1: :roll:

If at all possible, put the money you would pay for premiums into a cd or money market account and become self-insured. My hurricane damage in South Florida and the Panhandle has always been less than the 10% deductible. It's a definite gamble but if you are faithful about paying into the account you will generally come out ahead. Of course if you have a 100% loss next year I take it all back.

I've gone bare for several years. I would continue with liability insurance however as it is relatively cheap.

If at all possible, put the money you would pay for premiums into a cd or money market account and become self-insured. My hurricane damage in South Florida and the Panhandle has always been less than the 10% deductible. It's a definite gamble but if you are faithful about paying into the account you will generally come out ahead. Of course if you have a 100% loss next year I take it all back.

I've gone bare for several years. I would continue with liability insurance however as it is relatively cheap.

Interesting thought. My husband and I were talking about that the other day.

a good reason to vote for a third party candidate! Get rid of all the democrats & republicans.....................the government is way too corrupt.

Note that this image was created by someone on September 14, 2004, Ivan struck on the 16th on the AL/FL border. Then Jeanne came along following a path similar to that of Frances.

Also another note on the accuracy of the map above. The author has the Lower Keys as being a separate entity from that of Monroe County, of which they are part of. So, while in theory the author could have found out if Keys residents preferred Bush over Gore, most public records would have displayed this information on a county by county basis.

Selfish, yeah, but I am personally very glad that wasn't the path Ivan actually took. :shock:

You got that right ShallowsNole. No wonder people think we got hit by Ivan and still don't have beaches or rentals.

The paths are way off. I was in northwest Osceola county during Charley and the eye came right over my house exactly as shown on this map:



It then went right up into Orange County and later hit Volusia. All 3 are blue counties on your map.

The paths are way off. I was in northwest Osceola county during Charley and the eye came right over my house exactly as shown on this map:



It then went right up into Orange County and later hit Volusia. All 3 are blue counties on your map.

I want to make something very clear here. I did not create that map, I found it online several months ago on a consumer and political information webpage.

Have you noticed all of the solicitations for auto insurance which have been coming in the mail, largely from the big companies who won't write homeowner's policies in the area anymore?

Do NOT buy any other insurance from a company who offers HO policies in other states/areas, but will not write your policy here. If you have auto, boat, or any other policies with these companies, cancel them and tell the agent why. There are plenty of companies who write only auto policies.

Have you noticed all of the solicitations for auto insurance which have been coming in the mail, largely from the big companies who won't write homeowner's policies in the area anymore?

Do NOT buy any other insurance from a company who offers HO policies in other states/areas, but will not write your policy here. If you have auto, boat, or any other policies with these companies, cancel them and tell the agent why. There are plenty of companies who write only auto policies.

Just two days ago, I saw a State Farm commercial (I live at the beach) reassuring homeowners that they will be here when you need them. Yeah, right!

(Maybe SoWalSally will be kind enough to post the full article)
The Walton Sun has an article, on p A6 in yesterday's edition, titled, "Some new areas now in the wind-borne debris line," which shows the new map, which changed Aug 22, requiring impact resistant doors and windows south of the new line. All of SoWal now require to handle 130 mph winds. From the north side of the Bay to many miles north of Freeport, the new construction will have to be able to handle 120mph loads. In many areas, the new line is north of I-10.

I feel fairly certain that insurance companies will be using the new lines in determining whether or not they will insure the homes built prior to Aug 22, 2006 in these two newly defined areas. Talk about making it difficult to sell your home! It is already difficult to sell a home in SoWal, add to that, many insurance companies will not insure homes older than those built in 2003, when the building requirements changed. Now they have moved the line way the F up there. Don't get me wrong, I think it is good to have better built homes in the future. It will certainly save people money when they don't have to rebuild after the storms roll in, but for everyone who has an existing home (speaking primarily for NoWal), I think they are getting the Royal Shaft up the ....