Posted 11/7/2023 08:03 (#10472032 - in reply to #10471886) Subject: RE: Home Insurance 67.5% Increase
Ron..NE ILL..10/48 - 11/7/2023 05:23
If this is in fact true, I don't know why we in NE IL have to help pay the damage to insurance co. by those living where hurricanes have occurred since the beginning of time. Does it surprise FL people to find that hurricanes have damaged property, including homes & vehicles.
Thats the entire point of insurance. It's a risk pool. Certainly those who live in areas prone to high dollar claim events should pay more, but the idea of insurance is to spread the risk across a wide risk pool.
AaronSEIA
Home Insurance 67.5% Increase
