EM696 and I were on the same wavelength at the same time. He was a minute quicker than I was posting his thoughts. Both of us apparently have had the same good experience with USAA, however.
I would have stayed with Safeco if it was only a $100 increase. But mine was set to increase by $1782. In 2023 I paid $2171, and it was set to increase to $3953 for the new policy that renewed in August. That's in addition to the $931 flood Insurance (an increase of $150) and $2000 property tax.State Farm went up $100 or so but our property valuation was a little higher too -sub 1k sqft def has it's advantages!
State Farm wouldn't write me a policy . She said that it was because we have only a volunteer fire dept, not a full time fire dept.State Farm went up $100 or so but our property valuation was a little higher too -sub 1k sqft def has it's advantages!
But , is that how it works ? Or will they make you rebuild and submit receipts ?Part of me is wanting a Cat 5 to wipe me out so I can take my $850K (minus deductible) and GTF out of here.
like this??? lolYou know, living in a van down by the river isn't looking all that bad, Plus you would have lots of extra travel money if you lived in a van down by the river?
I have Cash-Out Option so if I have a total loss, I will receive the replacement cost amount whether I decide to rebuild or not.But , is that how it works ? Or will they make you rebuild and submit receipts ?
Apparently you haven't gotten a quote on auto insurance recently, they stick it to you too. Louisiana (actually New Orleans area) has some of the highest rates in the Country.You know, living in a van down by the river isn't looking all that bad, Plus you would have lots of extra travel money if you lived in a van down by the river?
Yes I have, If the van's too old then it's not insurable but you still need to insure the other guy.Apparently you haven't gotten a quote on auto insurance recently, they stick it to you too. Louisiana (actually New Orleans area) has some of the highest rates in the Country.
Reports are FEMA funds are being raided to pay for illegal immigrants. Doubt you would hear such reports but alternative media is reporting on it.The landscape for homeowners (and flood) insurance has drastically changed in south LA. The closer you live to the Gulf, the worse it is. And its only going to get worse going forward, every year. I thought I'd be much safer in Hammond, north of I-12 and that proved to be true for 6 years after leaving Laplace after 35 years there. But my homeowners doubled after my previous insure company (based in FL) went bankrupt/failed after Ida. So last year I dropped my contents insurance, and just insured my house (and liability) for damages. That was/is $1300 a year, with a $4800 hurricane deductible. With my former insurer who went bankrupt, my hurr deductible was $1000. Every major loss, every major hurricane will now impact our rates, even storms in FL. Helene losses this year will impact our rates going forward. Re-read Vigilante Sniper's post above, what he is now paying. Laplace got flooded 2x in the last 13 years. Its going to get so bad you won't be able to sell your home as potential buyers will not be able to afford a monthly mortgage note and the insurance. Some are already there. Insurance and flood premiums closer to the Gulf like Belle Chase or Port Sulphur. On the positive, least I don't own a home in Laplace any more. The new protection levees are supposed to be finished in 2025 or 26. Thirteen years after Isaac flooding. They didn't move no where near that slow after NOLA flooded in 2005. Now FEMA is claiming they are out of $ for 2024. Good luck FL, GA, NC, and TN. I read only 4% of those flooded in NC have flood insurance.
FEMA is broke.