3 ms·
Well just this year it went up 13.9% for me, just below the threshold where it would have triggered a review. Also keep in mind that the industry is quite profi
by howard941 2y ago
Well just this year it went up 13.9% for me, just below the threshold where it would have triggered a review. Also keep in mind that the industry is quite profitable. Large premiums are extracted and paid to controlled affiliates that aren't subject to the rules governing insurance companies. As a result of these shenanigans the industry cries poverty while making bank.
- mandeepj 2y ago> Well just this year it went up 13.9% for me Any idea what it could be for LA or nearby residents? For Chicago, or IL residents in general - their home insurance just doubled. If you try to shop - the new quotes are at least tripled. Not sure why? There are no natural calamities here.
- howard941 2y agoNo idea. The insurance companies down here are very small and almost all of them are Florida-only.
- peterbecich 2y agoHave you checked the FEMA Flood Map? https://www.fema.gov/flood-maps https://www.fema.gov/flood-maps A.f.a.i.k. it is part of the calculation.