Our home owners insurance bill came today.

[redstatebluegirl]

I am sure it is due to living 4 miles from the Moore Oklahoma tornado in May, but our home owners insurance doubled on our little 1300 square foot home. We have 1000 deductible, added earthquake insurance because of all of the fracking quakes lately. Our homeowners is now $2100 a year!

Cannot do without it down here, but anytime people talk about how cheap it is to live here they should take into consideration how much the insurance costs!

[RobertEarl]

1. Insurance companies are feaking

Freaking over the science about climate change and global warming.

It is their job to be aware of what can happen, so they have studied the matter thoroughly.

They have come to the conclusion that the changes in the atmosphere will create increasingly drastic weather. Drastic weather cost them lots of money so they are raising the funds needed to pay those costs by raising premuims.

[redstatebluegirl]

2. I have a friend who is an actuary he said to expect this back in June.

It is still shocking when it doubles though....

[PasadenaTrudy]

3. I own

an apt bldg in Los Angeles. My ins. is over $20K a year...fire, liability, etc.

[Still Sensible]

4. I'm with ya, we live about nine miles

from Moore and expect similar. Haven't got the notice yet.

Always great to hear about other blues in these parts. The only red in this house has an OU logo on it.

[redstatebluegirl]

9. Not a lot of blues but a few :-). No red in this house either except the OU stuff!

[sorefeet]

5. My friend has a house in Billings

they had a tornado 2 years ago. They raised his home insurance and said Billings is in the new tornado alley. In Florida they dropped brothers hurricane insurance. And he is inland.

[benld74]

6. STL - Our State Farm has increased $700 in the last 3 years. NO claims.

I dropped our earthquake coverage, just to get it under $2k. Am stuck with them until some car incidents clear off our vehicles.

[redstatebluegirl]

8. Our earthquake insurance was only 117.00 so I kept it.

This is nuts! I understand somewhat but boy it is painful when the state hasn't given anyone a salary increase in so long.

[kelly1mm]

7. We recently bought a small cabin. Land value 30k, building 25k. Because

it is non occupied full time, ins co wanted $2750 per year for coverage!!!!!!!!! Uh, no thanks! that is over 10% per year of the cost of the structure! I will cover myself thank you very much.

[onethatcares]

10. $3100/yr here in sunny left coast floriduh

due to living in a home that was built in 1926 out of Southern Pine lumber, I guess.

at least we don't need flood insurance. those premiums are going up 20% a year or a minimum of 100 % if you sell your house
with a mortgage.

It's getting pretty hard to keep up with the rate increases.