insurance installment interest rates

I usually pay in full, just seeing the trend of increasing installment rates.

Now I do feel that Flo isn't that friendly to auto rates..for my exposure.
I can't complain about the rv/boat.

Now I do wonder if the insurance rates are based by the pound on the truck like the registration is.. hmm..

The new york lighthouse definitely wasn't friendly on auto.
Flo saved enough to cover the boats and rv costs a lot to run a lighthouse I guess 

The key to the castle outfit has good rates on castle insurance, I don't want to change that.. it is about twice what rv and boat is..

My homeowners went up 32%
Auto went up 15%
You call and ask what can they do to help you out and you get the same answer...."Raise your deductible"

Thank Morgan and Morgan

My boat was with Progressive because the price was cheap. Only thing they ever insured of mine. 

My truck is $470 every six months for full coverage and $100,000 $300,000 coverage with $10,000 PIP and medical, road side, and rental car. 

Thats pretty good, what year truck?  I have no other vehicles or property on the policy and that is the newest rate. It had been running about $205.

The lizard was a cheaper quote, but no comp or collision on wifemobile.
I'll have agent shop auto owners.
She mumbled something about rv policy on auto might save as well.

But it wouldn't cover towing so it may or may not be any savings over Flo and company.
I told her to check..
She said auto rates are about 3rd highest in nation due to frivolity and fraud and ambulance chasing.

Now if I can squeeze some kind of discount for that ravelco..

I have some friends that don’t carry home insurance. Their thought is if it blows away, burns up, or floods they’ll rebuild or sell the property. An old uncle wouldn’t leave his ranch house because he wanted to be around to take care of it, plus the livestock he didn’t want to leave unattended. (May have been an excuse to not vacation unless it was to Biloxi.)

Some of my very well off friends are self insured or just don’t worry about the high rates charged.

I believe the insurance companies first response when a customer has a claim, is to explain the fine print in the policy on page 86 of 129, why that event isn’t a covered loss. I have a friend that worked in the industry for a couple of the top carriers that is making a great living fighting for folks the insurance companies refuses to pay out claims too or to greatly underpay/estimate the damage.

I removed the political references. You are correct, it was not political until a certain person had to take it there, so I eliminated the reference. They can start a topic in politics if they wish to discuss that aspect.

Insurance companies are closely regulated in Florida by The Office of Insurance Regulation. If you have felt or have proof the insurance company denied a claim that should have been covered report to the OIR and they will investigate.

Insurance fraud in FL is one of the major reasons Florida auto rates are so high. Call Morgan and Morgan.

Your insurance policy is a contract. If you want to know what is covered and what is not, read it.

One of the problems I have, is that insurance purposely uses sentence structure and statements that cover themselves and not their clients. The policies should be absolutely clear and easy to understand. 80% of insurance customers do not read their policies. I believe the best description of a policy is “obfuscation”.
The best one is Hurricane coverage. The fine print says it doesn’t cover water damage caused by flooding from roof damage. The water damage has to be caused by water that came in through the ground.
Then there was the time they wanted us to purchase flood insurance on a new home we were buying. I checked all the flood elevations before choosing to buy the property and bought the home because the lot had been filled to ensure the house wouldn’t flood. They wanted to charge us for something we didn’t need. I had to hire a professional environmental engineer to certify the property wasn’t in a flood zone. The company never was able to add flood coverage which saved us a lot of money.

A humorous thing is when the big Insurance company that is just trying to make money, makes enough money that it takes all their agents and their families to Hawaii and England on some of the profits.

I have a really good friend that is a multimillionaire insurance agent. He said they have to raise the rates to make money to cover claims. I said when I have to buy a new ac unit for my house, I can’t reduce my insurance premium that year to pay my “claim”. Seems like one can be a guaranteed profit margin and the customer is just an unlucky schmuck. Too make matter's worse, they can drop your coverage and leave the state. They’re probably selling hurricane insurance in the Midwest and flood insurance to the folks in Arizona.

I still jump through all the hoops and rate increases to keep our coverage. Can’t hardly get by without them. It’s a love hate thing. Rant is over😉

Thats fucking ridiculous, and we wonder why everything is expensive.

I think I'll buy some mountain property as an investment.
All those folks gotta relocate somewhere.

Yup. The amount of money that it takes just to keep the doors open and before we ever actually head out of them and try to make a living is just crazy. The liability on everything is crazy. I have never in 25 years that I been in business had a single claim on our liability at all. Never had a vehicle claim. Or any other kind. The costs are still crazy. Since covid my I have raised my prices pushing 30%, and don't make any more profit than we did before. I'm embarrassed when we hand someone that obviously doesn't have a bunch of extra money lying around for a service call. I'm not overcharging them, but I have to make a decent amount to pay bills and payroll.