This thread is making me glad I have a company car.
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Have you gotten a homeowners renewal lately? Bottom line is it costs more to repair or replace a car or house than it did a few years ago and insurance is playing catch up.Older vehicle, no tickets in last 15+ years. Never an accident. Zero claims.
Goes up $150 from last 6 month payment 'due to rate change in your state'.
USAA
Anyone experienced the same? What insurance company?
I think they’re raising prices because they can. What can we realistically do about it? Shop around? Most industries are a duopolyHave you gotten a homeowners renewal lately? Bottom line is it costs more to repair or replace a car or house than it did a few years ago and insurance is playing catch up.
I have a Plumbing Company with 4 commercial vehicles. Since I started in 2015 rate jumped from $2500/yr to $8000/yr. Also have Inland Marine insurance which was a pain to find someone who would even cover in CA. Pretty sure rates are sky high from all the fire loss claims. I don't know if it's possible but thought about trying to get a custom policy that waves coverage for fire and see if it would drop the rate significantly.I think they’re raising prices because they can. What can we realistically do about it? Shop around? Most industries are a duopoly
Part of the problem is nowadays a dent on a front fender will cause half the entire front end to be replaced.My insurance agent told me rates are going up because car prices have gone up so it costs them more to replace your vehicle in the case of an accident.
Same.This is why I drive a 20 year old car and have liability only. Insurance costs me 28 bucks a month.
about the same for me to I have a plumbing and pipeline shop in ca with 7 trucks all between $3000 to $7,000I have a Plumbing Company with 4 commercial vehicles. Since I started in 2015 rate jumped from $2500/yr to $8000/yr. Also have Inland Marine insurance which was a pain to find someone who would even cover in CA. Pretty sure rates are sky high from all the fire loss claims. I don't know if it's possible but thought about trying to get a custom policy that waves coverage for fire and see if it would drop the rate significantly.
Myrtle Beach SC here I come!just heard california home insurance is going up 2-3x
I have also been considering the same in the next few years.I am seriously considering bailing on CA. Its been a great 32 year run. I have had the same job for 17 years. I have some hope for a fully remote job at another federal agency and if I get it, see ya later. With IB basically too filthy to surf the last 2 years, life isnt the same. Im not surfing as much as I used to. My salary could go way further if I split my time between Delaware and Puerto Rico. Maybe a couple months in Huatulco. Take the $400K in equity I have and GTFO of here. I have loved surfing in DE and MD on my trips back there. Uncrowded little hollow peaks. Its all I need.
They’re canceling a lot of policies in my neighborhood and around the county. Seems like the state is trying to push people onto some sort of a “covered California” but for homeowner’s insurance. I have USAA so I guess I’m still covered. It wouldn’t give me the warm fuzzy to be covered by the state which was having trouble covering unemployment insurance claims in 2020-2021. The state is already in a $73 bn deficit last I checked.just heard california home insurance is going up 2-3x
Everyone I know except family has already left. It’s like working at a company where all the smart people have left. Rationalizing that I’m staying for family doesn’t feel too good. Aren’t my kids family too?I am seriously considering bailing on CA. Its been a great 32 year run. I have had the same job for 17 years. I have some hope for a fully remote job at another federal agency and if I get it, see ya later. With IB basically too filthy to surf the last 2 years, life isnt the same. Im not surfing as much as I used to. My salary could go way further if I split my time between Delaware and Puerto Rico. Maybe a couple months in Huatulco. Take the $400K in equity I have and GTFO of here. I have loved surfing in DE and MD on my trips back there. Uncrowded little hollow peaks. Its all I need.
If I had kids, I would for sure bail. Schools in California are a joke unless you live in an uber rich neighborhood or they are home schooled or in private school. My son is 24 and lives in LA. LA has him now. He will never leave.Everyone I know except family has already left. It’s like working at a company where all the smart people have left. Rationalizing that I’m staying for family doesn’t feel too good. Aren’t my kids family too?
Is this a goodbye post?I am seriously considering bailing on CA. Its been a great 32 year run. I have had the same job for 17 years. I have some hope for a fully remote job at another federal agency and if I get it, see ya later. With IB basically too filthy to surf the last 2 years, life isnt the same. Im not surfing as much as I used to. My salary could go way further if I split my time between Delaware and Puerto Rico. Maybe a couple months in Huatulco. Take the $400K in equity I have and GTFO of here. I have loved surfing in DE and MD on my trips back there. Uncrowded little hollow peaks. Its all I need.
i had USAA for 35years and they wanted $800/month for my 7year old 25k truck and my 16year old daughters 6year old 18k car. Went to progressive and it’s less than half price! Hated leaving USAA but I can always go back but why would I when I’m saving $450/month for the same coverage??Older vehicle, no tickets in last 15+ years. Never an accident. Zero claims.
Goes up $150 from last 6 month payment 'due to rate change in your state'.
USAA
Anyone experienced the same? What insurance company?