Does Anybody Go Without Homeowners/Property Insurance?
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Looking4new
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State Farm covers me for everything. My Jeep (collision, comprehensive including glass, fire and theft), the Kioti (fire and theft on my property and the two miles to town), house and property (for everything except flood).
The only thing they do not cover is my boat. That is with a different company.
The only thing they do not cover is my boat. That is with a different company.
rekees4300
Elite Member
I was with State Farm for decades then they decided to get greedy with an 18% premium increase ... they lost a loyal customer.
dmccarty
Super Star Member
As others have said, go check out the Farm Bureau for a policy.
When we were building our current house, we just used the insurance company that covered our city house. To cover the new house I had to answer a bunch of question such as do you have a trampoline and what kind of dog(s) do you have. The dogs could have been a problem.
The cost of the policy went up after a year or so and we checked out Farm Bureau which provided the same coverage for half the price.
We have additional coverage on the tractor and some other stuff. We have had a couple of claims and we have not had a price increase. After one car accident, the Farm Bureau employees were awesome in helping use deal with the situation. We can't say enough good things about them.
Not having at least liability insurance is asking for trouble. In the early days of TBN, one of the the big posters was into horses and competitive horse events. He mentioned two incidents about horses and lawsuits.
One was I believe in SC where a couple of people on horse back rode on someone else's land. One of the horse stumbled in a hole, the rider was thrown and got hurt. They sued the land owner.
The other case might have been in Iowa. A brother and sister went to a friend of the sister to ride horses. The sister climbed on the horse and the brother slapped the rear of the horse with his hat. The horse reared up and threw the sister who was hurt. The parents of the brother/sister sued the parents who owned the horse and land.
Even if the lawsuit is bovine scat it will still cost to have to defend oneself.
Later,
Dan
When we were building our current house, we just used the insurance company that covered our city house. To cover the new house I had to answer a bunch of question such as do you have a trampoline and what kind of dog(s) do you have. The dogs could have been a problem.
The cost of the policy went up after a year or so and we checked out Farm Bureau which provided the same coverage for half the price.
We have additional coverage on the tractor and some other stuff. We have had a couple of claims and we have not had a price increase. After one car accident, the Farm Bureau employees were awesome in helping use deal with the situation. We can't say enough good things about them.
Not having at least liability insurance is asking for trouble. In the early days of TBN, one of the the big posters was into horses and competitive horse events. He mentioned two incidents about horses and lawsuits.
One was I believe in SC where a couple of people on horse back rode on someone else's land. One of the horse stumbled in a hole, the rider was thrown and got hurt. They sued the land owner.
The other case might have been in Iowa. A brother and sister went to a friend of the sister to ride horses. The sister climbed on the horse and the brother slapped the rear of the horse with his hat. The horse reared up and threw the sister who was hurt. The parents of the brother/sister sued the parents who owned the horse and land.
Even if the lawsuit is bovine scat it will still cost to have to defend oneself.
Later,
Dan
ultrarunner
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TomSeller
Super Member
I had State Farm home and auto coverage and the father owning the agency passed it onto his son. The son called all the clients and asked them a series of questions, one of which was about traffic ticket history. My wife took the call and answered that she didn't think we had any in the last 5 years. As it turned out I had one that was 4 years old that she forgot about. State Farm cancelled us without advance notice. I will never use them again.
downsizingnow48
Elite Member
My wife's dad and mom had State Farm for 20 years, never a claim. Her new car was stolen. When recovered, it was so badly damaged it had to be totalled. State Farm paid off and then cancelled their policy two days later. That happened a long time ago but nobody in our extended family will ever use State Farm for anything.
ovrszd
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I think that's becoming normal behavior. Insurance companies are going to make money. If not, they'll change the game until they do. For Nation wide companies the increase of Acts of God events has dramatically cut into their profit margin. The game will change until they are back in the profit range they desire. We are along for the bumpy ride.
We've generally lost the "neighborhood" insurance agent. Hard to find that kind of service and dedication to the consumer anymore. I think in your case it wasn't so much the company changing as it was the agent. The elder focused his loyalty on the customer. The Son focused his loyalty on the company.
TomSeller
Super Member
Right now my home and auto is through Met which offers it through the company via payroll deductions. They seem to be very accommodating since they somewhat cater to the employees. Probably don't want to lose the account. Then we have a separate policy for the farm stuff.
WM75Guy
Elite Member
Texas Farm Bureau claims service is excellent. Texas Farm Bureau also has our vehicle insurance. While on vacation we were involved in an accident caused by another driver who hit a second vehicle which hit us. We were towed to the closest GM body shop as we were near Houston. Right away I knew this could be a nightmare with 3 insurance companies involved to determine liability.
Within an hour of contacting Texas Farm Bureau and filing a claim on my collision insurance we had a rent car and an adjustor assigned to inspect the vehicle. I never had any contact with the other parties or their insurance companies. The only money I paid up front was the $500 deductible to get my truck out of the shop. Within a short time Texas Farm Bureau had subrogated the claim with USAA and I received a check from TFB for my $500 deductible.
My rates did not go up as a result of the accident.
Within an hour of contacting Texas Farm Bureau and filing a claim on my collision insurance we had a rent car and an adjustor assigned to inspect the vehicle. I never had any contact with the other parties or their insurance companies. The only money I paid up front was the $500 deductible to get my truck out of the shop. Within a short time Texas Farm Bureau had subrogated the claim with USAA and I received a check from TFB for my $500 deductible.
My rates did not go up as a result of the accident.
