Discussions

Have been dealing with portage mutual for number of years . Price keeps creeping up and up. I have never ever had a claim . Maybe this is the case for all insurance companies I'm not sure . Single family dwelling with replacement cost for approximately 900 ft.² I'm paying just over $600. Do you know of any companies with better deals or is this pretty reasonable ? Also got a notification this time with a new Overland water endorsement which will cost me another $60 per month ? I'm a long way from the river so I may decline that option .

You need to speak to an insurance broker - they figure out the best deal for you!

We use Co-operators. From being such long term claim free we are put on a $1500 deductible which lowered pricing huge. So if I need to make a claim my first is free and any beyond is the regular $1500 deductible. Not a bad price.

we used Guild, sent all of our paperwork to Co-operators, so they could see exactly what we were covered for and what we paid.  
 
They came back with a higher price and less coverage, so back to Guild.

They also compare companies to make sure you are getting the best deals and discounts.

To the original poster: $ 600 for a 900sq ft house seems pretty reasonable, at least to me..  
 
As far as $60 per month for overland water, I'm pretty certain that its $ 60 for the year, but a quick phone call to your broker will tell you that.  
 
As far as raising rates each year I try to look at it like this:  
 
-we all want our houses to increase in value each year.....  
-most professions wages increase some each year  
-the cost of materials seems to increase each year (lumber,shingles,wiring, cabinet, drywall etc)  
 
ergo: the insurance company would have to increase the amount your house is insured for a little each year to keep pace with inflation as we would all like to have our houses rebuilt to the same size etc. as we presently have.  
 
Also, take a look at your autopac, seems quite costly to insure a vehicle that is worth quite a bit less then all that is i:ncluded in house insurance.  
 
Just my two cents, in how I come to terms with it.