Same boat here with State Farm, but it seems other insurance companies are up as well. Crazy. I even have my own hydrant off of an irrigation system for 7 months of the year.

 

I switched from SF to mutual of enumclaw about 10-12 years ago. Rates were much lower and the service was much better. HO rates have been steadily increasing the last five years across the board.

SF loss ratio the year before last was about 117. That means for every $100 they took in the spent about $117 in claims and expenses. Even with high interest rates they weren’t profitable. They have to make that up somewhere and increasing rates was the easiest

 

we have farmers

 

Truth is, State Farm and Farmers are garbage. The premiums are the least of your worries. If you have a claim, that's where the real headache will start.

Find an independent broker that works for you and go with a recommended carrier you've probably never seen an advertisement for.

Our agency has excellent personal lines folks. If you need a referral PM me.

Good luck to you!

 

USAA. I got a quote from State Farm on auto/home and it was 3x what my current premiums are. Being loyal to an insurance company is like being loyal to a cheating spouse - there's a fool in the house.

 

I use Costco. AKA Connect by American Family insurance. I made a thread about Costco here. They also raised my rates 40% in one year. Auto went up 8%. I was able to get it a little lower by reducing personal property coverage. I shopped around looking for better deals. You can get a little cheaper with no name companies but I don't feel like gambling. Farmers would be my 2nd pick.

https://www.ifish.net/threads/check...ostco-insurance-for-home-boat-car.1645141/page-2?post_id=17241195#post-17241195

Here is my spreadsheet comparing them:

Brand	Home Price	Car Price	Total
Costco 2024	$789.00​	$651.00​	$1,440.00​
Costco 2025 rev0	$1,105.00​	$704.50​	$1,809.50​
Costco 2025 rev1	$987.00​	$704.50​	$1,691.50​
Farmers rev0	$969.00​	$757.00​	$1,726.00​
Farmers rev1	$876.00​	$734.00​	$1,610.00​
Farmers rev2	$876.00​	$752.00​	$1,628.00​
Mutual of Enumclaw - Cincinatti	$1,261.00​	$683.00​	$1,944.00​
Mutual of Enumclaw - Safeco	$1,608.00​	$683.00​	$2,291.00​
Famers + Bristol	$876.00​	$581.00​	$1,457.00​
Famers + Bristol rev2	$989.00​	$669.00​	$1,658.00​
Nationwide/Empire Insurance Brokers	$1,735.23​	$1,027.50​	$2,762.73​

 

I've got State Farm and have had for years. I used to have Foremost/Farmers for my home insurance and State Farm saved me over $2200. Everything we have including multiple vehicles are State Farm. I think that maybe some of you guys need a new agent. Seriously. 🤷

 

I'm going to find out if agent makes a difference,my dad lives a mile away and has ssf.but different agent.will see

 

I've had State Farm for over 50 years. Yes, rates have gone up, but so have the cost of things insurance pays for. When I first insured with them, my then new car cost $2,200 and my first home $11,500. Couldn't afford a boat.

My most recent vehicle cost $70,000 and our current home, a whole bunch more than our first home. Hard to imagine paying the same rate I did 50 years ago. Body shop rates are now what compaired to just a few years ago? What does a contractor charge now and what do materials cost compaired to a few years ago? Haven't even addressed the risk levels that have increase (wildfires, etc. ). Are people suing each other more now and for greater amounts?

All the insurance companies Joeer listed pay for about the same kinds of losses, so how can one cost less than another unless they have found a way to cut corners or focus on a select group of people, like Don G's USAA? I've had a great experience with State Farm and have been blessed with great agents over the years. I'm staying put.

 

Nothing is good or bad except by comparison. Sure, all insurance costs have gone up for the reasons you mentioned.

Let me ask you this. Does the billions of dollars State Farm spends in advertising benefit you? Maybe in some crazy way all the advertising is providing you a false sense of warm and fuzzies about having State Farm. You can find well documented situations right here in Oregon where State Farm has fought no brainer claims.

There is couple here in Portland that lost their house last winter when several large trees fell on it during a storm. The house was so heavily damaged, they were lucky to get out alive and they were forced to leave. When they left, their house was burglarized (big surprise in Portland). State Farm denied the burglary claim (because the house was "vacant"). They are paying for the house to get rebuilt but they terminated the homeowner's policy 30 days later because of the claim. Now, no other insurance company will insure them because their house is being rebuilt and under construction. These people have been forced into the State-run high-risk pool at triple the cost, half the coverage.

It's like AFLAC. There are 50 companies you've never heard of that offer similar products. Do you want to be with an insurance company that spends a billion on advertising or a billion on claims?

 

Farmers is good if you never file a claim. It’s been said many times, when you file a claim they pay but drop you. State Farm has been very good to us. When purchasing home/auto insurance, make sure you get replacement value insurance, not depreciated value. Small difference in rates, big difference in payouts when you file a claim.

 

I’ve had farmers for close ti 35 years with the deception of the few years I was in the military. Had three home insurance claims last 10 years and they have been great. Adjustor tried low balling us on our S Tilly vaca home, called my agent and let them know I couldn’t find a local contractor but had one from pdx. We got what we wanted and kept our agent. Out agent has need gold and saved my a$$ many times when I was younger. Can’t say enough good things about him and now his daughter.

side note but I could probably get USAA but loyalty goes along way with me.

 

There’s always going to be some “horror” stories out there about insurance claims. And that would be with any company. Like Ragde I’ve had State Farm for over 50 years. In that time I’ve had 3 or 4 claims. Never an issue or problems. No cancellation threats either. I’ve never missed a payment and have excellent credit. It all matters and if you think it doesn’t you are mistaken. Insurance is a necessary evil. I’ve shopped around off and on thru the years but have never left State Farm. Further there is the horror stories and then the “back” story with claims. I’ve had great service with State Farm over the years and am very happy with them. I guess people have to find out what works best for them. I review my insurance every year and that’s important as well. Business is business and they aren’t in it for the fun of it either. There’s that. Then there’s all the fraud that they deal with on a daily basis. There’s that too.Find your happy place and go there.🇺🇸

 

Long hunt for comparable premiums and coverage 18 months ago for over 10 policies, settled with Travelers through a broker.

 

I have farmers.Showed what I had going with other companies and they all told me to stay put.Our policy renews soon.Hope I’m not in for a big surprise.And I still ask how a auto insurance company can insure a $80,000 on up truck with cheap premiums.

 

I have farmers.Showed what I had going with other companies and they all told me to stay put.Our policy renews soon.Hope I’m not in for a big surprise.And I still ask how a auto insurance company can insure a $80,000 on up truck with cheap premiums.

They can’t. And just remember you get exactly what you pay for. There is that. 🇺🇸

 

.

 

Thanks for replies.our insurance agent not on my side no help,will change agent.

 

I have USAA and I've been happy with them. I just had my first claim ever when my pole barn was crushed by a tree.
I got a decent settlement, but I had to fight for it. And by that I mean I had to advocate for myself with the adjuster. He knew next to nothing about actual building, luckily I'm a builder and I was able to (nicely) straighten him out.

 

You may not be able to switch companies, depending on where you live. A bunch of insurance companies are not writing new policies, period. When my previous company left Oregon, WA, MT and CA, nobody would pick up my policy. I had to go with the Oregon Fair Plan for a year, before a company finally agreed to insuring my house, at a rate $600 more than I was paying with the previous company.

Good luck

 

I experienced the same last year. Almost exactly 40% increase. My agent shopped around but many companies will not insure my 30x60 (completely finished) shop worth a crap.

Anyway, my agent attributed the rise of cost due to the increase of claims in the state. He explained that many people are making claims on minor and often times preventable issues.

In short, your neighbors are using insurance as their emergency fund. Claims are being made on things that many of us would have paid for out of pocket or prevented with good home maintenance.

Preventive maintenance and pride of home ownership like your grandpa exemplified, is a thing of the past.

 

Not at my house.

 

Like anything else the "few" will screw it up for the many. It sucks but that's just the way that it is. 🤷‍♂️

 

Don’t forget liability insurance. As we grow older, our wealth can increase significantly and it needs protection just like real property. We can get sued for most anything these days and we need two things for protection. Insurance and be smarter than your lawyer.

 

Changed everything over recently to travelers. My buddy turned me onto them. He asked the gal why they’re so cheap. She said we don’t hire movie stars and spend a bunch of money on advertising. We sell insurance. Oregon insurance company is the office that hooked me up.