Insurance is one of those things that we just never think about . . we have to have it so we pay it and don’t look back. We’ve had the same insurance company for our cars and house for at least 10 years. We were living in Kentucky and Vince found out that one of his colleges offered a discount through this company and at that time, it was quite a bit less than we were paying so we switched.
Yesterday we got the bills for our cars, house and umbrella policies . . all coming due the first part of November. You know we drive old vehicles – the pickup is 19 years old, the Honda is 14 years old and the Toyota is 8 years old. Neither of us have had an accident that was our fault or have tickets on our records for at least 20 years. We have only liability coverage on all the vehicles. We live in the smallest, least expensive house we’ve had in years. I looked at those bills and got sticker shock! Almost $5,000.
I got to thinking . .when we retire . . by the time we pay $5,000 for car/home insurance and pay property taxes, that’s almost $800 per month. Then we’ll be paying for health insurance too and knows what that will cost in a few years. How do people survive these days?
I called a couple of reputable companies this morning and State Farm can give us better coverage for about $1,200 less per year. The agent I happened to call had the insurance on this place before we bought it and still had all the pictures so he doesn’t have to come out and take pictures.
With every company, folks have probably had bad experiences so I’m sure there are people who don’t like State Farm but when we (not Vince and I) had house fire #2, we had State Farm insurance and they could not have been better. The agent was there at daylight with coffee and donuts. Hey .. bring me donuts and you’re my friend forever! We were living in Jasper, TX and when we had the fire, I never went back. I told the claims folks and the guys doing the repair work . . I’m never going back . . you pick the colors, the carpet, the flooring . . everything! And, I guess they did because I really never went back. The house got put back together and sold.
Vince wants to go sit down and visit with the agent. Vince is concerned about the solar panel coverage though I think we’re better off with the coverage for them with State Farm than with what we have now . . if what the guy told me is true.
We have til the end of the month before our premiums are due so Vince has time to go talk to him and then, if all goes well, we’ll be back to being insured by State Farm.