Home insurance!

[snow2]

Holy smokes just received my annual home owner insurance f ing kick in the nutts with zero claims ever (20yrs) my bump is 1200/ this year after jacking up my deductible.... house is paid off so thinking I might roll the dice and cancel home owners. What are you guyz seeing in north dakota?

 

[measure-it]

Insurance is a neccessary? evil in today's world. You can get ins. for just about everything: home, health, life, vehicle, pets, flight/vacation, etc.
Must be a BIG money maker for these companies, especiallly health!!

 

[Allen]

Even if you are willing to risk a loss due to fire, Mother Nature, etc...I would hope you'd maintain something for liability, or an umbrella policy.

 

[Slappy]

Everything has become significantly more expensive so costs more to repair or replace; therefore, cost to insure has increased. Vehicle and home owners policy premiums have skyrocketed across the country and from all providers. Past couple years I've called around for quotes just to find switching would cost even more.

 

[Kurtr]

Holy smokes just received my annual home owner insurance f ing kick in the nutts with zero claims ever (20yrs) my bump is 1200/ this year after jacking up my deductible.... house is paid off so thinking I might roll the dice and cancel home owners. What are you guyz seeing in north dakota?

Go shop other places I did and it went down for better coverage than i had.

 

[snow2]

Go shop other places I did and it went down for better coverage than i had.

Agreed I called a broker no help so far,still sniffing around.

 

[duckman1302]

Definitely worth shopping insurance every 5 years or so. Lots of times you can find better coverage for less. That's until that plan starts to increase over time. Rinse and repeat.

 

[Kurtr]

Agreed I called a broker no help so far,still sniffing around.

We went with a smaller local one so not paying for all the fires in calli or hurricanes down south

 

[ndweimer]

I have been looking into an umbrella policy. Curious how many of you have taken that leap?

 

[Pheasant 54]

they are very cheap everyone should have one , goes over your home auto and toys

 

[grizzly]

Agreed I called a broker no help so far,still sniffing around.

do some checking around. mine did same thing. changed companies and saved a grand and got more coverage

 

[grizzly]

I have been looking into an umbrella policy. Curious how many of you have taken that leap?

we have a 2 million dollar umbrella policy. had it for years. not gonna loose everything i worked for to retire

 

[NodakBob]

we have a 2 million dollar umbrella policy. had it for years. not gonna loose everything i worked for to retire

Same here, $300/year…on top of regular homeowners. You might have to pay more if you don’t have a primary homeowner policy…

 

[ndbwhunter]

With all the storms the past two summers, most of the bigger insurance carriers have moved to a deductible that reflects a percentage of the home value. My deductible for wind/hail jumped to over $12,000. I shopped around and found a smaller company with comparable coverage that saved a few hundred a year and kept me at a fixed deductible.

 

[MSA]

shop around, its common for them to raise rates for no reason other than profit. You just have to stay ahead of 'em.

 

[lunkerslayer]

I am insuranced with north star insurance on everything including my home, find an insurance like nkrth star that is a local company instead of a national one. They dont raise their rates quite as bad as the national ones. On a different type of insurance that deals with businesses, all insurance companies are canceling high risk businesses that do not have a sprinkler system which is what happened to me my insurance nearly doubled and its not a for sure thing that the insurance i have will cover me still. The thing i about north dakota is if your business is a total loss insurance companies cant nickel and dime you and pay you less.

 

[scrotcaster]

Iam with North Star too for my home and auto and havent experienced the high increases like others ... yet. knock on wood

 

[BrokenBackJack]

Agreed I called a broker no help so far,still sniffing around.

Check out Jim Palmer Insurance.
He is licensed in quite a few States.

https://www.themvpinsuranceagency.com/about-mvp

 

[5575]

Holy smokes just received my annual home owner insurance f ing kick in the nutts with zero claims ever (20yrs) my bump is 1200/ this year after jacking up my deductible.... house is paid off so thinking I might roll the dice and cancel home owners. What are you guyz seeing in north dakota?

I know several that have dropped their home insurance, especially after these new rules on hail and wind damage. Your basically paying for that on your own now anyways.