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[Shrek1112]

I will inquire further and get back to you. I often joke with her about the "racket" as well and when something might break or fail I always say " that's what insurance is for" it makes her blood boil! 

[Shrek1112]

WoodMOJoe,  after some discussion and a bit of interweb looking the reasons you are seeing a regular increase is from howeowners insurance being priced to low for nearly 10 years across all companies.  It seems like they are making up for lost revenue and high claims costs.  Yes even though guys like you and I didnt have claims we still get to foot part of the bill, just like taxes, paying for things for others.   I also found this article that may help explain some of it

http://www.iii.org/article/why-are-homeowners-insurance-rates-rising

[WoodMOJoe]

Hey thanks for the article, good read.  Sounds like insurance co. propaganda to me..but I am biased.   

And don't even get me started on taxes and how they are distributed...   

[Shrek1112]

 

[mlappin]

And don't even get me started on taxes and how they are distributed...   

Taxes are distributed in a way that buys the most votes for whatever party is in control at that particular time.

[mtoll]

Isnt that true  I think that a very large percentage of politicians are in it for what ever works for them never mind what the people that voted them in want.
I just received my insurance renewal yesterday and a big increase, no reason in the world for the increase, going to talk to the agent tomorrow.   

[Shrek1112]

Isnt that true  I think that a very large percentage of politicians are in it for what ever works for them never mind what the people that voted them in want.
I just received my insurance renewal yesterday and a big increase, no reason in the world for the increase, going to talk to the agent tomorrow.

Did you see this link, stll doesnt make sense but it is what the insdustry is saying the reason is
http://www.iii.org/article/why-are-homeowners-insurance-rates-rising

[WoodMOJoe]

And don't even get me started on taxes and how they are distributed...   

Taxes are distributed in a way that buys the most votes for whatever party is in control at that particular time.

Hear, hear!   

[oldchenowth]

I went thru some of this myself recently.  Shopped around to save a couple $$$$ on insurance and found one company cheaper ($300/yr)  for 3 cars and two houses.   Needed to inspect the property before they would run the policy and made me get an inspection on the OWB to make sure it met their requirements.  But, they could not specify what those requirements were.  Just needed an inspection from a licensed installer.  Michigan does not have licensed installers for OWB. HVAC, plumbing, boiler, yes.  But not OWB.  So after $150 inspection, that simply stated it was installed correctly and working correctly, I saved a whopping $10/month.  BF Deal!!!

Around here, it aint so easy to just switch companies as they are all crooked as twisted willow trees.  I am not calling out your woman Shrek, I wish I had inside help on this stuff.  I hear that because Detroit is so crime ridden that my rates reflect that.  I am over 100 miles from that cesspool.  And they won't let us give to Canada for trade for that new bridge they want to build.

All justified and served with a smile like they just did you a huge favor by relieving you of a little more of your paycheck.  And they are legally required to take it from you.

[WoodMOJoe]

oldc...let me get this straight...so it cost you $150 to "save" $10 a month?!?!

That sucks.  If the jackasses in our government(s) can't figure how to kill the wood burners with environmental legislation they will be able to do it through the insurance aspect...and it won't be long the way things look.   

[Shrek1112]

I went thru some of this myself recently.  Shopped around to save a couple $$$$ on insurance and found one company cheaper ($300/yr)  for 3 cars and two houses.   Needed to inspect the property before they would run the policy and made me get an inspection on the OWB to make sure it met their requirements.  But, they could not specify what those requirements were.  Just needed an inspection from a licensed installer.  Michigan does not have licensed installers for OWB. HVAC, plumbing, boiler, yes.  But not OWB.  So after $150 inspection, that simply stated it was installed correctly and working correctly, I saved a whopping $10/month.  BF Deal!!!

Around here, it aint so easy to just switch companies as they are all crooked as twisted willow trees.  I am not calling out your woman Shrek, I wish I had inside help on this stuff.  I hear that because Detroit is so crime ridden that my rates reflect that.  I am over 100 miles from that cesspool.  And they won't let us give to Canada for trade for that new bridge they want to build.

All justified and served with a smile like they just did you a huge favor by relieving you of a little more of your paycheck.  And they are legally required to take it from you.

Oldchenwth, no offense,  I dont always agree with her industry either,  we get in some rather lenthy debates and I just have learned to say "you might be right dear" and let it go.  The other thing that I often forget is that the way insurance companies have money available to pay claims AND more importantly make there profit is they take our premium payments and invest in the market.  So its a huge twisted mess of our hard earned money often making them more easy money. 

[mlappin]

I went thru some of this myself recently.  Shopped around to save a couple $$$$ on insurance and found one company cheaper ($300/yr)  for 3 cars and two houses.   Needed to inspect the property before they would run the policy and made me get an inspection on the OWB to make sure it met their requirements.  But, they could not specify what those requirements were.  Just needed an inspection from a licensed installer.  Michigan does not have licensed installers for OWB. HVAC, plumbing, boiler, yes.  But not OWB.  So after $150 inspection, that simply stated it was installed correctly and working correctly, I saved a whopping $10/month.  BF Deal!!!

Around here, it aint so easy to just switch companies as they are all crooked as twisted willow trees.  I am not calling out your woman Shrek, I wish I had inside help on this stuff.  I hear that because Detroit is so crime ridden that my rates reflect that.  I am over 100 miles from that cesspool.  And they won't let us give to Canada for trade for that new bridge they want to build.

All justified and served with a smile like they just did you a huge favor by relieving you of a little more of your paycheck.  And they are legally required to take it from you.

Oldchenwth, no offense,  I dont always agree with her industry either,  we get in some rather lenthy debates and I just have learned to say "you might be right dear" and let it go.  The other thing that I often forget is that the way insurance companies have money available to pay claims AND more importantly make there profit is they take our premium payments and invest in the market.  So its a huge twisted mess of our hard earned money often making them more easy money.

A few things I learned right quick from getting rear ended last fall.

1: If you let the other guys insurance company screw you they most certainly will without a smile even. And that's just them trying to settle on my truck, the health/pain and suffering hasn't even been discussed yet.

2: Lawyer up before number one happens, that way your own lawyer can try to screw you instead of a strangers insurance company.

[Shrek1112]

 

[agriffinjd]

We have been very happy with USAA for all of our insurance and banking.  If you are eligible for them try them.  I think you get eligibility even if a parent was military not just you or your spouse.

[kommandokenny]

We have no fault insurance here in Ontario.
They thought it would be cheaper by taking the litigation out of the process.

Well,, no ,,,it's much the same,but you sue yourself. 
In order to do that, you have to get the ambulance chasers involved .
These guys have poped up everywhere,,, and now it's costing everyone more .

So it's a vicious circle.
Banks and insurance what a racket.

Take money in at 1.7% lend it out at 5%.

Take your premiums and make you hire a lawyer to get your rehab started .

Both needed in our society, but should be improved.