|
S |
M |
T |
W |
T |
F |
S |
|
|
|
|
|
|
|
1
|
|
2
|
3
|
4
|
5
|
6
|
7
|
8
|
|
9
|
10
|
11
|
12
|
13
|
14
|
15
|
|
16
|
17
|
18
|
19
|
20
|
21
|
22
|
|
23
|
24
|
25
|
26
|
27
|
28
|
29
|
|
30
|
31
|
|
|
|
|
|
|
|
66 members (TheVern, Tall Dog, JHL, Bread, bamafan1966, DoubleShoalsJR, AU7MM08, Frankie, Chiller, MoeBuck, sawdust, GATA87, Dragfan66, JohnG, wyattd, Carp54, k bush, CatfishJunkie, outdoorguy88, Gunpowder, Jbf, RCHRR, Kennnn, BamaPlowboy, Parker243, Kang, shootnmiss, kyles, TideWJO, Bustinbeards, Borty, Bruno, SC53, Koba, Chaser357, rrice0725, fillmore, tightwads, abolt300, CAL, 000buck, Flyliner, CAM, gobblebox, Paint Rock 00, 3Gs, Six shooter, Geeb, VERACITY, demop_native, mjs14, Moss, Young20, RocN151, Exhoosier, mossyback, 10 invisible),
805
guests, and
0
robots. |
|
Key:
Admin,
Global Mod,
Mod
|
|
|
|
Joined: Nov 2014
Posts: 14,861 Likes: 33
Puts sugar in his cornbread!
|
|
Puts sugar in his cornbread!
Joined: Nov 2014
Posts: 14,861 Likes: 33 |
I told yall everybody was going to get their Palisades surcharge. Insurance is the debil. How many homes do you reckon Alfa had insured there? Don’t matter. We all pitch in.
|
|
|
|
|
Joined: Jul 2011
Posts: 36
spike
|
|
spike
Joined: Jul 2011
Posts: 36 |
Mine went up with USAA. Question it and said Alabama approved rate increase a cross the state
|
|
|
|
|
Joined: Feb 2017
Posts: 1,779 Likes: 3
8 point
|
|
8 point
Joined: Feb 2017
Posts: 1,779 Likes: 3 |
I built my 1800sft house and 1200sft shop for $160,000 and Alfa insured it them for $360,000. As of now I’m paying $960 a year for coverage. It may go up when it’s time to pay again. But Alfa has done me well in my lifetime. $960.00 is cheap!
"America First! Nothing Else Matters"
|
|
|
|
|
Joined: Feb 2009
Posts: 4,449 Likes: 17
10 point
|
|
10 point
Joined: Feb 2009
Posts: 4,449 Likes: 17 |
Mine went up 50% last year. Shopped it around and couldn't find enough savings to make a swap
|
|
|
|
|
Joined: Dec 2022
Posts: 1,205 Likes: 35
8 point
|
|
8 point
Joined: Dec 2022
Posts: 1,205 Likes: 35 |
I built my 1800sft house and 1200sft shop for $160,000 and Alfa insured it them for $360,000. As of now I’m paying $960 a year for coverage. It may go up when it’s time to pay again. But Alfa has done me well in my lifetime. $960.00 is cheap! I just finished the house last fall. So it being all new is one reason it’s cheaper. Or per say my agent.
|
|
|
|
|
Joined: Jan 2005
Posts: 1,992
8 point
|
|
8 point
Joined: Jan 2005
Posts: 1,992 |
It's industry wide. Problem is, it's not done increasing. It's only going to get worse. Commercial property insurance is even worse.
I feel bad for first time homebuyers these days. Between interest rates, high homeowners insurance, and inflation over the past few years, it's out of reach for many.
Pay attention to your roof loss settlement provision in your policy. Insurers are all slowly moving towards not paying replacement cost on roofs. A lot of folks don't even know it's on there.
"The future's uncertain and the end is always near"
|
|
|
|
|
Joined: Jul 2011
Posts: 84
spike
|
|
spike
Joined: Jul 2011
Posts: 84 |
I am an Alfa agent and yes rates have gone up across the board for all companies. If anyone has some specific questions feel free to message me.
|
|
|
|
|
Joined: Aug 2006
Posts: 9,983 Likes: 36
14 point
|
|
14 point
Joined: Aug 2006
Posts: 9,983 Likes: 36 |
When we built our shop and added it to our homeowners, the premium increased as was expected. It was added to the policy in 2023.
I just went to our USAA account to compare a current homeowner's policy that ends March 6th with the upcoming policy for the following 12 months.
The current one prior to savings is $8,019.91 with discounts and savings at $4,371.08 leaving our premium at $3,648.83 for the year.
The next one prior to savings is $9,736.75 with discounts and savings at $5,297.39 leaving our premium at $4,439.36.
We have our auto insurance and a banking product with them which contributes to some of the discount.
But, that is still a $1,716.84 increase from last year before the discounts and $790.53 over the amount we actually will have paid for the current policy.
While I am not happy about the increase, I am very happy to be getting the discounts and savings that we are!
If you live to be a hundred, I want to live to be a hundred minus one day, so I never have to live without you.---Winnie the Pooh
|
|
|
|
|
Joined: Jan 2007
Posts: 14,506 Likes: 12
Booner
|
|
Booner
Joined: Jan 2007
Posts: 14,506 Likes: 12 |
It’s in every line, commercial and personal lines.
Homeowners is just a tough pace to make money for carriers. Material costs are up and labor costs are up…not to mention the lawyers and fraud.
Last edited by burbank; 02/10/25 04:40 PM.
|
|
|
|
|
Joined: Feb 2007
Posts: 26,591 Likes: 166
Freak of Nature
|
|
Freak of Nature
Joined: Feb 2007
Posts: 26,591 Likes: 166 |
It’s all based on inflation. I’ve heard inflation mentioned as a tax and kinda makes sense.
“Socialism only works in two places: Heaven where they don't need it and hell where they already have it.” ― Ronald Reagan
|
|
|
|
|
(Custom).JPG)
