Increase in Insurance Premium and Deductable

Herro kenzie I would love to put myself in the shoes of stockholders, however my husband and I are retired on a fixed income. We got a small raise of 3%, are we supposed to pay stockholders or pay for the insurance that is required by the bank. prosperous mylotting TexLadyPj

pergammano (3415) So far u have the best response. U gave us additional info that I will check with an atty. I have the blessing of God, I can put this aside and have fun, then deal with it when I get home... prosperous mylotting TexLadyPj

Thanks for the complement, TexLady, greatly appreciated! Your discussion has been food for thought, to me...but the answers I give may not apply in your area! I have noted that you say this is based on recent weather of the last year...seems like just another excuse to raise rates..as this does NOT seem to be based on ANY long-term stats, and that is usually what is the basis! I am a home-owner, and have been in the same home for 33 years, and faced all sorts of "home-owner" dilemnas...including flooding. But never did my rates take that kind of jump...nor my deductible! I think I would arm myself with every piece of data..Weather patterns, Building costs, etc! Thinking more about the building costs...I would phone a few builders and find out the price of re-building per square foot to lock-up! It also, seems strange to me...with the recession that is looming in the U.S., that building costs would rise in leaps and bounds! I am in the building trades (a certified Tiler)...and when our building (and economy) is recessive, our rates go down...NOT UP! We need to lower our rates and create our own work! I really hope you can take the time to "arm yourself" with all pertinent info..and then shop! Have a great...great vacation...I am jealous...we are facing the first blast of Old Man Winter..starting last nite!

Thank you, so kindly ...dearheart for the BR! Gave me relief, when I finally was able to access this...(computer probs with accessing e-mails)...as I had so worried about you during the HORRIBLE onslaught of weather you have just had! I prayed that you and yours were safe! Take care...and once again, thank you!

We are headed on a short vacation to meet some online friends and become offline and online friends...I am looking forward to the short trip. when we return will be looking...called other companies they raised deductible 100% not $500 to $5000. We could live with $1000 prosperous mylotting TexLadyPj

Hartford offed us a deductible of $1300, that we can live with. We know tis been a torrential weather season,