• Got the Contributing Memberships stuff finally worked out and made up a thread as a sort of "How-To" to help people figure out how to participate. So if you need help figuring it out, here's the thread you need to take a look at -> http://www.corvetteflorida.com/forums/showthread.php?t=3581 Thank you, everyone! Rich Z.

Down With State Farm

als2052

als2052

Road Trip!
Their 47% increase for homeowners insurance got shot down so they are screwing everybody (over a million) and closing their homeowners coverage in Florida. They will still offer all other coverages.

Gov. Crist should kick their arses out of Florida completely. State Farm, shame on you. You took all of our money and now its time to high tail it out of the state.

Who's affected here?
 
I had State Farm from '98-'08 for home insurance. In 02 they began the 50% price increases and EVERY year my agent promised that it would be the last. I started paying less than $600 per year and the last renewal was over $2500 for LESS coverage than I had before. I still have auto insurance with them but it may be time to shop that around too.
 
als2052 said:
Their 47% increase for homeowners insurance got shot down so they are screwing everybody (over a million) and closing their homeowners coverage in Florida. They will still offer all other coverages.

Gov. Crist should kick their arses out of Florida completely. State Farm, shame on you. You took all of our money and now its time to high tail it out of the state.

Who's affected here?
Click to expand...
I agree whole-heartedly! Either offer all of the insurance coverages, or be allowed to offer NONE. Just my 2 cents worth..........
Andy :wavey:
 
There is not one person in the Insurance business from the top on down that is in anyway your friend.There one function is to get as many of your dollars for the least protection and pay out the least possible for every claim.
 
I pay 3600 yearly for my three cars, each carrying a 300k $ protection plan, so in the ungodly event I cause something, I dont loose everything me or my parents worked for..and it covers every bolton done to each car.

This guy always lets me know what can be done to lower it, and with some tricks here an there hes saved me a couple hundred annually.
 
Well, if there is only one thing you remember about insurance companies, it should be that they are the very epitome of the definition of "fair weather friend".

But they will sell you a bill of goods based on the misconception that they will be there when you NEED them. "Like a good neighor.....", "You're in good hands.....", that sort of fluff.....

But when it comes time to make good on their claims, they sing a different tune entirely.
 
Rich Z said:
Well, if there is only one thing you remember about insurance companies, it should be that they are the very epitome of the definition of "fair weather friend".

But they will sell you a bill of goods based on the misconception that they will be there when you NEED them. "Like a good neighor.....", "You're in good hands.....", that sort of fluff.....

But when it comes time to make good on their claims, they sing a different tune entirely.
Click to expand...
Your Insurance is only as good as your agent,Most will promise you the MOON!! Read and understand your policy when you get it,Chances are the Agent didn't give you the complete rundown,For that matter the agent really don't know how to read it anyway,he just wants to show you how much $$$ he's supposedly saving you,not how much less coverage you'll now have!!He's just there for his Cut!!:thumbsup::thumbsup::thumbsup:
 
navy2kcoupe said:
I agree whole-heartedly! Either offer all of the insurance coverages, or be allowed to offer NONE. Just my 2 cents worth..........
Andy :wavey:
Click to expand...

I would have to disagree on this point. Who is to say where a business can or can not do business? If they don't want to offer plans at the rates we want (:hehehe:) then they simply don't offer them. It would be like saying that companies that only offer classic car insurance shouldn't be allowed to do business anymore since they won't insure my house.

Anyway, back when we were having "hurricane issues" we had State Farm. We got dropped, so my father switched the house over to Farm Bureau (I think). Once they started offering policies again, State Farm called my father up and told him that they were doing so, in an effort to get him to come back. He told the agent that since they were not there for him when he needed them, why should he give them any of his hard earned money?

A good choice, apparently.:yesnod:
 
IMO, all who have SF policies should take all their insurance needs to other company and run SF out of the State. As Gov Crist said yesterday, we will all be better off without SF if thats the way they want to run business in Fl.
 
floridaZ said:
I would have to disagree on this point. Who is to say where a business can or can not do business? If they don't want to offer plans at the rates we want (:hehehe:) then they simply don't offer them. It would be like saying that companies that only offer classic car insurance shouldn't be allowed to do business anymore since they won't insure my house.

Anyway, back when we were having "hurricane issues" we had State Farm. We got dropped, so my father switched the house over to Farm Bureau (I think). Once they started offering policies again, State Farm called my father up and told him that they were doing so, in an effort to get him to come back. He told the agent that since they were not there for him when he needed them, why should he give them any of his hard earned money?

A good choice, apparently.:yesnod:
Click to expand...

Actually, the State of Florida has a lot to say about how does insurance business in Florida and how it's done.

You may recall after the big Andrew, the companies wanted to cut bait and run:thumbsdown:

The DOI told them that they had to stay for I think it was 10 years or drop all the business in Florida and GTFO (IIRC?)

Fast forward 10 years.

As soon as that period expired, several hauled ass outta state and quit writing in Florida.:thumbsdown:

I happen to agree Andy on this one:thumbsup:

All or nothing!!

Insurance is a gamble. An assumed risk that both parties take.

You take the risk you'll need it and they take the risk you won't.

They charge you for for that risk and gamble they'll win.

Sometimes you're the victor and sometimes...you're the desert:lmao:

All this BS about them losing money is just that. Sure, they may loose 10 billion here, but they profited 40 billion elsewhere! But since they set the companies up separately, the losses vs the gains are not accurately reflected.
It's a huge shell game:thumbsdown:

If they want to charge a reasonable premium based on actual costs and risk, not the inflated BS they feed us, then fine.

If not, and all they want to do is cherry pick, then GTFO...NOW! And take our actuaries with you!:wavey:
 
Big Insurance (like Big Oil) is definitely not our friend, but the reality is most of us still have to have it. I've been a State Farm customer for 40+ yrs and now I can offer some agent a nice package. If anyone knows of a good independent agent (in Tampa Bay area) please post or send me a PM:yesnod:
 
floridaZ said:
I would have to disagree on this point. Who is to say where a business can or can not do business? If they don't want to offer plans at the rates we want (:hehehe:) then they simply don't offer them. It would be like saying that companies that only offer classic car insurance shouldn't be allowed to do business anymore since they won't insure my house.
Click to expand...
That's not the point that I was trying to make.....I simply meant that if State Farm was offering homeowners insurance, renters insurance, car insurance, condo insurance, and life insurance, then decided to drop the homeowners part of it (just in Florida) while still offering the others, then prevent them from selling ANY insurance. Your analogy would be better expressed by saying that the classic car insurance company (who only offers THAT insurance and none of the others), all of a sudden stops writing policies for Fords because they break too often and are too costly to repair, and keeps on insuring all of the rest of the makes. I guess what I'm trying to get at is if State Farm or any other outfit offers homeowners insurance in other states along with all the rest of their other types of coverage, then they should have to offer it in Florida as well if they want to continue to do business (all the other coverages) in the state. Just my 2 cents worth, and believe me, I'm NOT trying to piss anyone off, just stating my thoughts.............
Andy :wavey:
 
Insurance companies are screwed no matter what part of the country there in. East coast gets hurricanes and blizzards(Northeastern area). Midwest gets pummeled with tornaders, given trailers dont cost as much as homes...they still see more activity. West coast is plagued with constant wildfires and earthquakes.

My parents have been dropped by a couple big name companies cause of pull outs, then when they come back as someone mentioned before they want you back. There should be a penalty for companies who pull out of states cause of natural disasters then want to come back, huuuuuge fee.
 
I put a link on here about a year or so ago when the big Insurance co.'s were trying to raise rates. Not sure if it still is active but I'll try to locate it.

http://www.flgov.com/shop4insurance

This was the link, but it's no longer active. I do recall that State Farm was consistantly the highest. Allstate was much more resonable of the Major companies.
 
I've heard that Allstate will also kick your a$$ and bail on you...anyone had experience w/ the lizard or Progressive (auto)?
 
Yeah, I've been waiting for the Dear John letter...my brother had Progressive until they denied a claim. They stated he shared blame with a 14 year old unlicensed driver that made a u-turn into him and totaled his truck. Even though he (my brother)was not charged. They finally settled with him three years later. As for Geico...they couldn't match what I have with Allstate. I'm not promoting Allstate...I think their rates are high...but it's the best I've found for me.
 
Down with State Farm

I think that, if you do insurance within any state of the US, you would be required to do insurance in all states or no states at all.

All or nothin!! You don't want to do business in California, then you can't do business in any state. You should not be able to choose. Then the competition would be for the users and not the big companies.:banghead:
 
Sadly, my insurance in North Carolina for the same cars, same coverage, is HALF what it is here in Florida....
 
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