My car insurance increased $300+ this year because of Irene and the Nor'Easter two years ago.

[no_hypocrisy]

Sandy not calculated yet.

I don't live on the coast.

No accidents, no traffic tickets, 1999 car, good credit history.

$300+ and no guarantee it's going down next year.

http://www.northjersey.com/news/205053701_Driven_up_and_up.html?c=y&page=1

[monmouth3]

1. Insurance cos. are all alike. Storm insurance here in Florida is constantly going up, yet we

haven't had a hurricane in years. Sorry this happened to you...

[sinkingfeeling]

2. That's okay, I live 1200 miles from 'The Storm' and was told my

increase in home owners' insurance was due to it.

[Historic NY]

3. If your in a coastal or flooding area & still carrying more than just liability on a 14yr old car..

it a good chance it wll.

http://www.insurancejournal.com/news/east/2013/04/30/290195.htm

[Jessy169]

4. Insurance companies have to adjust rates state-wide to make up for predicted losses

That's my understanding of how it works. If an insurance company suffers significant losses in one small county, for example -- due to a freak ice storm or wind storm or (name it) -- then they can and may be forced to adjust rates state-wide to compensate. It is on a state-by-state basis. An insurance company with losses in another state can't raise rates in the unaffected state to compensate for the losses.

As far as insurance rates and predictable rate increases go, I think you're going to see a lot more home/auto rate increases in Florida coming up in the next few years. If global warming predictions start to pan out -- even the most modest predictions -- we may see insurance companies pulling out of Florida entirely in the next 10 - 20 years, for obvious reasons.

[AndyA]

5. We've already been told insurance will go up in Oklahoma due to the tornadoes this year

In fact, they indicated neighboring states may be paying higher rates as well.

Wonder how big of an increase the executives at those insurance companies will be receiving this year...