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Reply to "anyone else feel like they're getting completely broken in 2025?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Insurance is killing us, particularly car and homeowners. I feel like the car is because police and the prosecutors aren’t prosecuting car thefts. [/quote] I am curious what kind of nominal amounts you are talking about. My homeowners went up around 5% which is $100 nominal for the year. My auto is up 10% which is $300 for the year. Two cars. On a nominal basis it’s kind of nothing. [/quote] So what? Pay attention to the news. Many people got slammed with massive insurance hikes, particularly homeowners. I did last year and switched and still got a little increase this year. But it's not just insurance. It's insurance plus everything up increasing. And in the state of Maryland, car registration fees shot up (nearly quadrupled) and other fees are going up. All the increases add up. Significantly. We can weather it but it's definitely outpacing any measly 2.5% COLA I'm anticipating this year. [/quote] Why the anger? Just trying to understand what nominal increases people are actually seeing in the DMV. Not sure why the “news” is relevant concerning what actual locals are seeing. Any reason you don’t just tell me what your nominal increases are? I don’t know if you live in CC MD or Ocean City. [/quote] I was with Geico/Liberty Mutual. They threatened to increase my insurance by 50%. Dropped them and moved to Erie at the same rate I previously had. Am getting a minor increase this year. The big increases, including doubling outright, is commonplace enough in Maryland. Everyone in my set has been talking about it and switching insurance companies. Where do you live that you hadn't noticed it's been going on for the last few years? [/quote]
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