Question: Are your property insurance premiums increasing?

Hello,

I was wondering if anyone else has seen property insurance rates increase dramatically over the past couple years?

I am with Farmers and premium has increased about 70% in 2 years with no claims. The agent says “the rate increase was given to all Iowa because the reinsurance rates went up due to the wide spread
losses..for the state…”.

Anyway I would like to know if anyone else has had the same experience and if you can recommend an agent or carrier.

Thanks,

Tim Elliott

 

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3 thoughts on “Question: Are your property insurance premiums increasing?”

  1. My premiums increased substantially this year and for several years prior. On home and rental properties.

  2. I switched all my properties over to Bosloug Insurance in Marion and saved quite a bit over Liberty Mutual and State Farm. Ask for Mandy 521-3609

    Glenn McCrorey

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