Our house and auto insurance was due. House, 4850 sq/ft, was with $757 and four old cars was $1500. The wife was upset with the new rates and asked our insurance lady to reevaluate some of the line items on various options. This year the house was $1000 and the cars were $1200. Looks like a wash, but we have a bit more coverage on the house and dropped full coverage on one of the vehicles. We also went to a Farmers insurance agent to get a quote and found out their rates had increased by 35% since the previous year. He quoted us around $3k for the house and cars. Ugh, needless to say we kept our Safeco insurance. My advise to everyone is to go to a insurance broker and have that person shop around for the best rates. Don't think that the insurance agent you've been using for decades is going to have the best rates. It's your money, going into these hard times, you need to keep as much as you can.
Our house and auto insurance was due. House, 4850 sq/ft, was with $757 and four old cars was $1500. The wife was upset with the new rates and asked our insurance lady to reevaluate some of the line items on various options. This year the house was $1000 and the cars were $1200. Looks like a wash, but we have a bit more coverage on the house and dropped full coverage on one of the vehicles. We also went to a Farmers insurance agent to get a quote and found out their rates had increased by 35% since the previous year. He quoted us around $3k for the house and cars. Ugh, needless to say we kept our Safeco insurance. My advise to everyone is to go to a insurance broker and have that person shop around for the best rates. Don't think that the insurance agent you've been using for decades is going to have the best rates. It's your money, going into these hard times, you need to keep as much as you can.