- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
Homeowner’s insurance
Posted on 4/21/25 at 10:03 pm
Posted on 4/21/25 at 10:03 pm
I know it’s beating a dead horse but anyone else in metroBR seeing drastic increases?Claim in 2021 with ida only claim in 9 years
Renewal came in 30% jump only 1k deductible
Anyone else seeing this type of increase?
Renewal came in 30% jump only 1k deductible
Anyone else seeing this type of increase?
13
Posted on 4/21/25 at 10:04 pm to baxter12
0 claims in 19 years, State Farm. Similar 30% increase on top of incremental increases over the years.
Posted on 4/21/25 at 10:13 pm to baxter12
quote:
I know it’s beating a dead horse but anyone else in metroBR seeing drastic increases?Claim in 2021 with ida only claim in 9 years Renewal came in 30% jump only 1k deductible Anyone else seeing this type of increase?
Man I searched in the Houston area and the lowest deductible I could find was a 1% to 2%.
This post was edited on 4/21/25 at 10:26 pm
Posted on 4/21/25 at 10:14 pm to baxter12
we are severely lacking options.
Posted on 4/21/25 at 10:16 pm to baxter12
I shop home and auto every year and pretty much always find a better deal. My current homeowners (sage) on the house we just moved to is stupid low so I’m fully expecting them to skyrocket in the future
Posted on 4/22/25 at 4:56 am to baxter12
I stopped paying those crooks 3 years ago. I’ll just take the risk as I paid home insurance for 20+ years with 0 claims and they always wanted more money.
I purposely bought a house in an area that’s never flooded, no major hurricane threat, cut down any trees that threaten damage, and am happy taking care of my own stuff.
Screw those snakes.
I purposely bought a house in an area that’s never flooded, no major hurricane threat, cut down any trees that threaten damage, and am happy taking care of my own stuff.
Screw those snakes.
Posted on 4/22/25 at 5:22 am to baxter12
My insurance just steadily goes up every year. I just changed a bunch of coverages because some of them were crazy high. For example, I was covered for $200,000 for personal items. I live alone now and don’t need that much. I told them to drop that $50,000.
There’s also that Coverage that rents you a hotel or something if your house is not yet livable after a fire. That was a huge amount and I told them to drop that coverage all together because I have another residence I could stay at.
They also had the coverage for the dwelling itself too high. I told them to lower that. Nobody says I would have to rebuild to the same specs, but I would actually just live in my other residence if something happened to this one so I would not rebuild at all, probably.
We will see how much my premium goes down. If it’s not much, then I will just drop homeowners altogether.
So double check your coverages!
There’s also that Coverage that rents you a hotel or something if your house is not yet livable after a fire. That was a huge amount and I told them to drop that coverage all together because I have another residence I could stay at.
They also had the coverage for the dwelling itself too high. I told them to lower that. Nobody says I would have to rebuild to the same specs, but I would actually just live in my other residence if something happened to this one so I would not rebuild at all, probably.
We will see how much my premium goes down. If it’s not much, then I will just drop homeowners altogether.
So double check your coverages!
Posted on 4/22/25 at 5:53 am to BabyTac
quote:
stopped paying
Will be me in a few months after the mortgage is paid off. There are some trees around but at this point, it’s worth the risk to me to not pay.
Posted on 4/22/25 at 6:03 am to AndyCBR
State Farm wouldn’t even entertain the idea of writing me a home policy last year
Posted on 4/22/25 at 6:06 am to baxter12
Mine went up 60% ($5k->$8k)… renews next month. SafeCo
Currently looking for a better option
EBR 600k value
Currently looking for a better option
EBR 600k value
This post was edited on 4/22/25 at 6:18 am
Posted on 4/22/25 at 6:40 am to Taffeta
quote:
EBR 600k value
How?
Posted on 4/22/25 at 6:43 am to Taffeta
quote:
Mine went up 60% ($5k->$8k)… renews next month. SafeCo Currently looking for a better option EBR 600k value
Same scenario with safeco.
I switched to Sage Sure. Give them a call.
Posted on 4/22/25 at 7:29 am to BabyTac
quote:
I purposely bought a house in an area that’s never flooded, no major hurricane threat, cut down any trees that threaten damage, and am happy taking care of my own stuff.
So
You aren’t even carrying liability insurance ?
Posted on 4/22/25 at 8:35 am to ElderTiger
Nope
Posted on 4/22/25 at 8:43 am to BabyTac
quote:
Nope
The cost of defense if someone sues you is gonna eat your lunch. That’s why I carry homeowners. It’s not for the liability, it’s for the cost of defense.
Posted on 4/22/25 at 8:44 am to ElderTiger
quote:
So
You aren’t even carrying liability insurance ?
I would reconsider. I got a quote last year for liability only - it was super cheap even in Orleans Parish. Ultimately we decided not to risk it and bought the comprehensive, but liability only is probably the on-paper correct choice.
Posted on 4/22/25 at 8:47 am to UptownJoeBrown
To all you folks carrying nothing, wind is the expensive part. You can carry everything else for a certain little. If you own outright carry an X-wind and it covers for water pipes and fire and lightning for way less
Posted on 4/22/25 at 8:51 am to UptownJoeBrown
quote:
The cost of defense if someone sues you is gonna eat your lunch.
Willing to accept that risk. No kids in the house, no kids coming to visit. Haven’t had an issue in 20+ years and don’t hang out with deadbeats.
Posted on 4/22/25 at 8:53 am to BabyTac
quote:
Willing to accept that risk. No kids in the house, no kids coming to visit. Haven’t had an issue in 20+ years and don’t hang out with deadbeats.
Where’s your house? I’m feeling a little out of it today, and I’m looking for a place to slip.
Posted on 4/22/25 at 9:06 am to baxter12
Remember, it’s not about your claims, you’re paying for everyone else’s as well. That’s in your state and across the companies network
Page 1 of 2
Popular
Back to top
Follow TigerDroppings for LSU Football News