Originally Posted by The Critic
Some additional perspective on the current FL insurance market:
https://www.insurancejournal.com/news/southeast/2019/07/30/534215.htm
Originally Posted by alarmguy
I dont completely disagree, Im just restating, low price always wins for me, as I typed above. EVERYONE should be getting new quotes on their homeowmers insurance at least every 3 years or every time an increase comes along.
This is an understandable position - it is common behavior by both brokers and consumers.
Also, you are in the majority for not having filed a claim. I think statistically, the vast majority of personal lines and small commercial policies have never filed a claim of any size.
Agree again, in the majority for not filing claims but definitely Im in the minority for shopping insurance quotes every year on every insurance policy I carry.
Blows my mind reading posts of loyal people, for what?
Just like milk in a supermarket, I could care less which large insurance company I have, low price always wins, every year, just like buying milk in a supermarket Ill always take he lowest price and switch. Heck, it deosnt even have to be a full year, Ill cancel and switch a policy in the middle of the term of the policy, again, could care less ... (and yes, know I am repeating myself) But reading forums and people who are loyal to insurance or any company always surprises me, why?
The loyalty of the company to you doesnt exist, as much as they want to make you believe it, its not true, by law they can only be loyal to the stockholders and investors of the company, if they are not, they can be sued for not extracting as much profit as they can out of the customer.
Its all smoke, mirrors and BS, jsut like buying oil and gas or any other product. Why would someone pay $1700.00 to a large number of companies to insure a home, when you can find one company to insure it for 975.00 ?? Doesnt make sense, either company has to pay if your home is destroyed or you are sued. Like hello?/ *LOL*
Your car is going to run no matter what large company gas you put in it, your engine isnt going to blow up no matter what proper API oil you use, at ANY cost.