- Jan 2, 2001
- 15,903
- 4
- 81
Just got the renewal for my homeowners insurance and the cost has doubled. I have insurance thru progressive, which I think is actually thru someone else. I had just moved my auto insurance out from them to GEICO, so I can see a slight increase due to losing a multiple policy discount. I did notice that the dwelling coverage has went up by 66%, which is a ridiculous amount now, and could probably build two of the houses now for that price. I'm going to call them about that and see their justification for the large increase. In the mean time I've been getting quotes from others and although they may not be as much as progressive, they are still 50% more than what I've been paying.
I'm curious as to what others are paying, I know rates around the country vary based on location, so what one pays in florida would be alot more than some in north dakota. But right now I'm sitting at $1500 for the overly-inflated dwelling coverage(565k) with a 1000 deductible.
I'm curious as to what others are paying, I know rates around the country vary based on location, so what one pays in florida would be alot more than some in north dakota. But right now I'm sitting at $1500 for the overly-inflated dwelling coverage(565k) with a 1000 deductible.