Im with Nation Wide Ins. in Ky. Ive never made 1 claim and my Insurance is skyhigh Ive moved out of this house into my new house and it doubled for the house that is for sale ? Who has better or Lower Co. Ive got lots of things insu. thru them NOT 1 claim in 13 yrs.
2006-09-12 04:58:39 · 5 answers · asked by dontknow86 6 in Home & Garden ➔ Other - Home & Garden
Its a brick home 1200 sq ft. 3 bed 2 bath w/basment
2006-09-12 05:34:58 · update #1
Its NOT in a flood area.
2006-09-12 05:58:11 · update #2
There could be many reasons for the increase in your insurance rates, not the least of which is the large claims insurance companies are having to pay as a result of disasters like Katrina. The costs are commonly spread among all policy holders to one extent or another.
Best advice is to review your policies with your Nationwide agent and get an explanation for the increases. Next step would be to shop around for coverage with other insurance companies based on the same coverages so you can compare fairly. Don't be afraid to switch companies.
I think it is essential to sit down with your family attorney every two years and review all insurance policies and coverages. Needs change over time. Laws effecting insurance companies and policy holders also change over time. For the small amount of money you will spend for your attorney's advice, you will be paid back in spades. This routine has saved my bacon a couple of times over the years.
Good luck with your situation.
2006-09-16 00:51:31 · answer #1 · answered by exbuilder 7 · 9⤊ 0⤋
I have USAA which is by far the lowest... not sure though if you would qualify. you or your husband must have been in the Military service at a certain rank I believe..
At any rate.. ilnsurance rates are horrible and REALLY YOU MUST MUST MUST shop around.. I always say that insurance salesmen are like car salesmen.. you have to be very careful. You should at least ask the rates of Farmer's Insurance, AllState, etc.. I do not know if you are eligible for AARP or not(senior citizens are or people 55 and over are) but I have heard that people who belong to AARP have very good rates.. that is companies represented by AARP
2006-09-12 05:28:01 · answer #2 · answered by Anonymous · 0⤊ 0⤋
You need to give us more info, like square feet, # of bedrooms, etc garage, attached, etc. as well as the $ amount now and your deductible.
I pay State Farm 432$, I just got the bill--and that price included a 111$ discount for "claim free" and 88$ discount for having car insurance with them. I think that's pretty good!
2006-09-12 05:14:46 · answer #3 · answered by Munya Says: DUH! 7 · 0⤊ 0⤋
If you live in a flood prone area, your insurance will skyrocket.
2006-09-12 05:51:37 · answer #4 · answered by Steve R 6 · 0⤊ 0⤋
hsbc
2006-09-12 05:04:58 · answer #5 · answered by clarkey 1 · 0⤊ 1⤋