Our auto insurance went up over 25% and home over 30% last year. Nothing on our end changed. No accidents, no tickets, no claims. It makes me so mad that I’m forced to pay more to cover the slackers who do not have insurance.
As a parent who had to bury two children YES you do need child life insurance. Funerals are expensive and you dont want to be told "we can keep your child in cold storage." Buy level term life, it is cheap and can be upgraded in 20 years with no health screening required.
I work for the one of the largest insurers in the country. This all largely correct, but there is a peice missing; the insurance company has to actuarially prove the need to raise rates and get each state to allow it.
@catdadbbq try this....."I work for one of the largest insurers in the country. This is all largely correct but there is a piece missing; however the insurance company has to actually (your word ISNT a word) prove the need to raise rates and get each state to allow it" MY belief is- your the lowest level secretary in whatever company you allegedly work for ......do all of us and moreover yourself a big favor and learn some better grammar AND spelling
When your home and car insurance go up, you might start with the insurance company you are already with, BUT, most likely, they will only be dropping the price by reducing the coverage. We just got our house insurance bill. It went up 23% from last year! Our car insurance has been trickling up monthly all year. We combine auto with the house, shopped around and got more coverage for less money. We paid the same on our house insurance that it was last year. They raised our house value coverage by almost double, and our garage/apartment building coverage also doubled. It also had identity theft coverage, and we saved $45 a month on car insurance. Also, the car insurance is locked in and will not go up for the cars we currently have. Our total savings for the year will be $800 plus the pay out increased value of our property. We did have to pay our car insurance annually instead of monthly. Just have to budget thru the year for it, along with home property taxes.
property taxes I keep seeing video's and reports of people not able to afford their property taxes now because their homes were reassessed and schools putting in for more money so their property taxes are exploding
@amymccall5263 that's surprising. They jacked up my rates a few years ago. Dropped em and haven't looked back! I priced them this year through a friend and they wanted triple what I was paying...nope
I refuse to be spied on by my insurance company. You got suckered in by a cheaper rate for them to say well too many hard brakes even though they weren’t we are increasing your rates. I don’t need some moronic tracking system to tell me I’m a good driver, I can use my record to determine that
@@robins3206 we had progressive back in 1997. Got rear-ended by a kid speeding in a pickup delivering pizzas. (He had no insurance BTW.) for reference, our car was an Acura integra GSR and the trunk was touching the front seats and the chassis was also bent longitudinally as a result of the impact. The adjuster for progressive said the fix was to cut the car in half and weld the back end of an integra that had been in a front-end collision onto our vehicle - good as new he said! F*** THAT we said and fought them. Ultimately got what we wanted but I would never ever ever ever EVER EVER EVER get progressive again. Beware.
I got pet insurance for my kitten. It was great until the 2nd year of insurance coverage when I realized I was still paying for coverage for spaying and microchip, procedures she had last year. I can't very well spay the same animal twice. Don't count on the insurance company to think of these things and adjust your coverage automatically.
We dont have health insurance. I went on CHM to see what it would cost and the price was rediculous. $800 for 4 people, Maybe I did something wrong. Or is that about wright.
It's gone up significantly over the past couple of years. We had them for several years but can't afford it anymore. We are switching to Samaritan Ministries!
I chose to disagree when it comes to the life insurance. My kids, husband and I have whole life policies. For the four of us, it is less than $115 a month total. Payout for our kids is $35K, and for husband and I, $50K. It is guaranteed. My husband and I also have a high interest savings account where we put the quoted amount of a term policy into and let it grow interest so in case something does happen, that money is guaranteed for our children. I do not see myself paying the high price of term life insurance and lose all that money at the end of the term.
@@thedopplereffect00 why not? We have seen children die in accidents all the time. I would rather be prepared than sorry later on. I attended a funeral where they had to take up an offering to cover funeral expenses for a child that drowned.
@@lindseye2750 How long is the term policy for? Also, if you outlive that policy, getting another one will possibly 3x the amount because of age. No thank you. To each their own, but I would prefer something guaranteed.
@jandkhilbert My wife's car just got hit by a driver in a stolen car. Without insurance, I would have lost a lot of money. Thanks to insurance, I got a nice check and they bought the smashed car.
@@annahopp I paid for my home insurance for the last 12 years. When my roof was damaged by the storm, the insurance company refused to fixed. They said I can get a lawyer if I want to. They know I can’t afford a lawyer. I moved to different insurance. They still charging me monthly even though they never fixed my roof and they won’t cancel my insurance policy. They said it’s the law they can’t closed my account.
My car insurance is full coverage for $500 deductible and costs $45 a month. Gotta shop around. Also your history plays a huge part. I'm 42 and never had a wreck only driving my 3rd car. Quit driving like fools!
I have a rider for my children on my term life insurance so that if they die, we will have money to bury them. Are you trying to say people shouldn't have such life insurance on their children?
Not to make this political although it is political; if you don't like the higher prices & are scraping by PLEASE VOTE WITH YOUR POCKETBOOK and make change happen!!! New administration is the only way to start to turn this garbage around
Our auto insurance went up over 25% and home over 30% last year. Nothing on our end changed. No accidents, no tickets, no claims. It makes me so mad that I’m forced to pay more to cover the slackers who do not have insurance.
And the people who drive carelessly!
As a parent who had to bury two children YES you do need child life insurance. Funerals are expensive and you dont want to be told "we can keep your child in cold storage." Buy level term life, it is cheap and can be upgraded in 20 years with no health screening required.
We are paying for these luxury vehicles and luxury homes. When accidents occur and something destroys those homes, the cost is high.
We are paying for luxury choices by others and laws not enforced for the uninsured
I work for the one of the largest insurers in the country. This all largely correct, but there is a peice missing; the insurance company has to actuarially prove the need to raise rates and get each state to allow it.
Sure...but the millions upon millions that we know the CEOs get at every insurance company makes that all fall with a dull thud.
@catdadbbq try this....."I work for one of the largest insurers in the country. This is all largely correct but there is a piece missing; however the insurance company has to actually (your word ISNT a word) prove the need to raise rates and get each state to allow it" MY belief is- your the lowest level secretary in whatever company you allegedly work for ......do all of us and moreover yourself a big favor and learn some better grammar AND spelling
@@pilarskifamily899 THATS the mistake you discovered.....not the terrible grammar, not the horrific spelling........smdh
@@shannonobrien9922 who hurt you in high school?
@catdadbbq what does that have to do with someone having (,or so obviously NOT having mastery of English language)
When your home and car insurance go up, you might start with the insurance company you are already with, BUT, most likely, they will only be dropping the price by reducing the coverage. We just got our house insurance bill. It went up 23% from last year! Our car insurance has been trickling up monthly all year. We combine auto with the house, shopped around and got more coverage for less money. We paid the same on our house insurance that it was last year. They raised our house value coverage by almost double, and our garage/apartment building coverage also doubled. It also had identity theft coverage, and we saved $45 a month on car insurance. Also, the car insurance is locked in and will not go up for the cars we currently have. Our total savings for the year will be $800 plus the pay out increased value of our property. We did have to pay our car insurance annually instead of monthly. Just have to budget thru the year for it, along with home property taxes.
property taxes I keep seeing video's and reports of people not able to afford their property taxes now because their homes were reassessed and schools putting in for more money so their property taxes are exploding
My car insurance hasn’t gone up since 2018. $100/mo. Just renewed today.
Who is your insurer? Ours just went up dramatically.
What country isn't raising it?
@@MyArgylesockAmerican Family.
@amymccall5263 that's surprising. They jacked up my rates a few years ago. Dropped em and haven't looked back! I priced them this year through a friend and they wanted triple what I was paying...nope
$100 a month is a high cost insurance, is that for a higher end car?
I was able to reduce my monthly car insurance by $120/month by changing jobs and having a shorter commute, with Progressive snapshot.
I refuse to be spied on by my insurance company. You got suckered in by a cheaper rate for them to say well too many hard brakes even though they weren’t we are increasing your rates. I don’t need some moronic tracking system to tell me I’m a good driver, I can use my record to determine that
@@robins3206 we had progressive back in 1997. Got rear-ended by a kid speeding in a pickup delivering pizzas. (He had no insurance BTW.) for reference, our car was an Acura integra GSR and the trunk was touching the front seats and the chassis was also bent longitudinally as a result of the impact. The adjuster for progressive said the fix was to cut the car in half and weld the back end of an integra that had been in a front-end collision onto our vehicle - good as new he said! F*** THAT we said and fought them. Ultimately got what we wanted but I would never ever ever ever EVER EVER EVER get progressive again. Beware.
@@BrianWaller-qe7gr I had an A+ rating, the only times I ever set the thing off were hard brakes when deer jumped in front of the car
I got pet insurance for my kitten. It was great until the 2nd year of insurance coverage when I realized I was still paying for coverage for spaying and microchip, procedures she had last year. I can't very well spay the same animal twice.
Don't count on the insurance company to think of these things and adjust your coverage automatically.
We dont have health insurance. I went on CHM to see what it would cost and the price was rediculous. $800 for 4 people, Maybe I did something wrong. Or is that about wright.
It's gone up significantly over the past couple of years. We had them for several years but can't afford it anymore. We are switching to Samaritan Ministries!
Excellent episode.
I thought the population was decreasing
Not fast enough 😂😂😂
Home ins went up 40% for me 😬
The most expensive insurance is one that does not pay when something bad happens or nickels and dimes you to death while you are still in shock.
I chose to disagree when it comes to the life insurance. My kids, husband and I have whole life policies. For the four of us, it is less than $115 a month total. Payout for our kids is $35K, and for husband and I, $50K. It is guaranteed. My husband and I also have a high interest savings account where we put the quoted amount of a term policy into and let it grow interest so in case something does happen, that money is guaranteed for our children. I do not see myself paying the high price of term life insurance and lose all that money at the end of the term.
Why do you need life insurance on children?
A $115 a month is a lot! We pay 1/4 that for term and the payout is 5 times that….
@@thedopplereffect00 why not? We have seen children die in accidents all the time. I would rather be prepared than sorry later on. I attended a funeral where they had to take up an offering to cover funeral expenses for a child that drowned.
@@lindseye2750 How long is the term policy for? Also, if you outlive that policy, getting another one will possibly 3x the amount because of age. No thank you. To each their own, but I would prefer something guaranteed.
The cost of car insurance is killing us.
Question for Rachel Cruze, do you think unemployment insurance is a good idea?
Did say no need for accidental insurance? I think my job offers that
Can we live without buying insurance?
You can, but that means you are taking on the risk of loss or liability. Liability insurance on cars is legally required.
It seems to be legislated in our life
@jandkhilbert My wife's car just got hit by a driver in a stolen car. Without insurance, I would have lost a lot of money. Thanks to insurance, I got a nice check and they bought the smashed car.
@@annahopp I paid for my home insurance for the last 12 years. When my roof was damaged by the storm, the insurance company refused to fixed. They said I can get a lawyer if I want to. They know I can’t afford a lawyer. I moved to different insurance. They still charging me monthly even though they never fixed my roof and they won’t cancel my insurance policy. They said it’s the law they can’t closed my account.
My car insurance is full coverage for $500 deductible and costs $45 a month. Gotta shop around. Also your history plays a huge part. I'm 42 and never had a wreck only driving my 3rd car. Quit driving like fools!
@tduck828 what’s the name of the car insurance you use?
@@mhodge0890state farm
That is around the price I pay for car insurance and same dedcutable. Definately need to work with the coverage and check the exclusions.
That's unbelievable!!!
@@mhodge0890state farm
Insurance is a for profit business
Yes! They will find any loophole to get out of paying out too
I have a rider for my children on my term life insurance so that if they die, we will have money to bury them. Are you trying to say people shouldn't have such life insurance on their children?
It had to be a Kia 😅
It was impressive
and - this INFLATION level ain't ever going away ... it will only be going higher: "TO INFINITY and BEYOND!" - my buddy BUZ!
We are basically paying the premiums for millions of illegals and people who choose 1100 dollar car payments instead of health insurance.
Prove it or hush
@@laundrygoddess4who do you think pays for their free stuff?
Where is this giant contingent of people with insane car payments but no health insurance? Your imagination?
@@trainboy192 it's a proven fact that they pay a lot more in taxes, yes illegals pay taxes, than they receive. Go look it up yourself.
@trainboy192 take responsibility of your own decisions and don't blame others for your failures in life.
Not to make this political although it is political; if you don't like the higher prices & are scraping by PLEASE VOTE WITH YOUR POCKETBOOK and make change happen!!! New administration is the only way to start to turn this garbage around