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Dealing with Property Insurance Hikes
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jd8850
Posted 8/31/2024 15:04 (#10873767 - in reply to #10873749)
Subject: RE: Dealing with Property Insurance Hikes


Roseglen, North Dakota
Not sure which company you're with but been with 4 in 50 years. And every single one was like this on machinery:
There WAS a blanket. They don't have to have every last piece.
If the piece not listed is lost, it will still be covered as long as it's value is less than 10% of your total items.
$2 million cvg.
You've got $200k cushion
Companies are/were:
Grinnell
Farmers Union
Auto owners
Secura
I honestly think it's getting to the point where a guy will be glad to have insurance with anyone and then hope you don't get dropped.

Edited by jd8850 8/31/2024 15:07
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