C.O.L.A. Cost of Living Adjustment

[Tyme2fish]

waterdog101, I did some on-line pricing and got about the same (and slightly higher) results. My home-owner's deductible is already at $1,000.00 and the one vehicle I still have collision has a $500.00 deductible. I removed collision from my 1999 Ranger years ago.

All policies are with the same company. Home,auto,boat,umbrella. I figure they can't say,"Well,we can't cover the boat under your home owners due to the wind storm". I'm sure they can still find a way to weasel out of paying a claim.

[waterdog101]

waterdog101, I did some on-line pricing and got about the same (and slightly higher) results. My home-owner's deductible is already at $1,000.00 and the one vehicle I still have collision has a $500.00 deductible. I removed collision from my 1999 Ranger years ago.

All policies are with the same company. Home,auto,boat,umbrella. I figure they can't say,"Well,we can't cover the boat under your home owners due to the wind storm". I'm sure they can still find a way to weasel out of paying a claim.

Tyme, I to have all my coverage with the same company, and have been with them for near 20 years. like I said in the other post, by calling them it saved me 700.00 a year. I had my homeowners deductible raised to 5,000.00 so a broken window or a roof replacement will be out of my pocket expense. but I'll still have good coverage, in case of a fire or tornado. this alone lowered my homeowners premium by 500.00 a year. it may happen that I'll have something go wrong any day, but I've paid for homeowners insurance all my adult life, and have never had to file a claim. so to me the chance is worth the 500.00 a year savings.

[Tyme2fish]

waterdog101, I called my agent to request quotes with differing increases in my deductible. I guess he was too busy to even return my call so I called another agent's office within the same insurance company. That agent was kind enough to give me an 800 number to contact the company directly.

Increasing my deductible to $5,000.00 as you did also saved me $500.00. I requested the change and will pay the bill before the due date.

I also requested a change in my agent. If the agent is too busy to even return my call, or contact me a minimum of once a year to discuss my coverages then he is not performing his duties to my satisfaction. Plus, I just don't trust him due to various interactions in the past.