Increase in insurance

[Dublin ohio]

My insurance broker just asked me how close is my property to fire hydrant and fire station. WTF.

Pretty common question for residential and commercial fire insurance

 

[Fernando]

Pretty common question for residential and commercial fire insurance

I never been asked about fire stations.
Lazy insurance companies could have used ChatGPT.
By the way, it's amazing what ChatGPT can give the answers when I have questions on a property. It's a life changer, at least a time saver.

 

[Fernando]

So I went to a new insurance broker for my commercial property.
Today I got a quote. It's four times more than my prior premium. WTF!

 

[Fernando]

It's that time of year ago for insurance renewal.
I just got notice that this year's renewal is 4X more than last year. WTF!
I didn't even file a claim last year. Again time to shop.

 

[Fernando]

It's that time of year ago for insurance renewal.
I just got notice that this year's renewal is 4X more than last year. WTF!
I didn't even file a claim last year. Again time to shop.

I complained to my insurance broker this month.
Just now broker said it included flood insurance and premium decreased by $26,000. That's more like it.
Damn. Flood insurance is expensive.

 

[Mike Ault]

I complained to my insurance broker this month.
Just now broker said it included flood insurance and premium decreased by $26,000. That's more like it.
Damn. Flood insurance is expensive.

California, Battered by Atmospheric Rivers, Faces a Big Melt This Spring - Inside Climate News

The latest atmospheric river surging into California probably won’t result in worst-case flooding, state water officials and scientists said Monday. But as global warming shifts the range of possibilities, this winter’s often record levels of snow and rain could set the stage for deluges in...

insideclimatenews.org

 

[Fernando]

In past, my parking lot would get a lot of rain water and sometimes my premise get flooded with water.
Now I watch the weather forecast and when big rain coming, I would go and clean the sewer there.
It's a dirty job but it got to be done and less flooding into the premise.

 

[Terrel L. Shields]

WTF.

Hey, the ask me that. I have one 4 miles away, one 2 miles away and another 2 miles away. Fire hydrant? on the corner of my property <440 yd. from my house. Cheaper rates. Weird thing is that each fire station is a different district and I am in the one furthest from the fire station. I paid fire dues yesterday in fact. But in a fire on my pasture when the neighbor was burning in a burn ban, I had 3 fire departments there - kept from the fire getting to my barns. We have a burn ban on and my pasture is a tinder box... crossing my fingers. Snow by Friday evening, that risk goes away for a few days. Jan-March are our most dangerous wildfire seasons.

 

[Fernando]

My prior insurance asked where was closest fire station. I looked at the map and it showed about 1-2 blocks away.
Why couldn't the insurance company check it out themselves.
Later they found other problems like city trees overhanging my roof, show proof that there's no roof leaks (roofer won't give me such a clearance and instead wants repair or new roof), etc.