Tell me about your insurance policies

[bryantpark]

So I thought I'd post this here is MA is so different insurance-wise.  So currently we have 4 different companies and that seems silly to me.  But in terms of consolidating I don't really know where to start...so I thought I'd ask around. 

Our cars are both with USAA. About $120/month total, for both. I can't get any other policies with them b/c I am a member from my XH and they won't let me add anything new. Boo. 

House is with Arbella.  We pay about $1200 annually; that might be a tad high. 

Life Insurance is with SBLI.  I really don't want to leave them b/c I think they are great.  30 yr level term, 1M for DH about $700/year, and $750k for me at about $500/year. 

Our rental property is with the Andover Companies, about $400/year (it's a townhouse, so walls-in coverage only).  No idea who they are, but there were some tricky things with the sale (b/c we have tenants, and it is in Maine, so they were the best we could get at the time we were about to close). 

I think our rates are pretty decent but I am sure there is always room to do better - it's just that our options are limited in MA.  At a minimum I'd love to just pay one bill.  Do you have everything with one company? 

[preppy]

We have our renters, home, and car insurance all through Liberty Mutual. The homeowners on the rental home we own in CT we pay $1100 annually. Car insurance is $147/month for a 2013 Subaru hatchback and a 2010 Audi SUV and the renters insurance on our rental here is $21/month. The car and renters is auto withdrawn at the same time.

Our life insurance is through Northwestern Mutual which is also where my rolled over IRA is as well as both of our Roth IRAs. I have 500k and DH is covered for 750k and we pay a total of $47/month. We did get our life insurance when we were 24 so that helped our rates I think.

So it is two different companies, two auto withdrawals, and then homeowners is rolled into the mortgage payment each month:)

[bryantpark]

Jul 15, 2013 19:52:03 GMT -5 RockNVoll said:

We have a great independent agent in Newton that we work with. I can PM you his info if you want.

Sure that would be great!

[soxin2]

I have an agent in Framingham that just handled transferring us from renters to homeowners. And handles our vehicles.

[LoveTrains]

I have a college friend who works for Andover Insurance. That is all I know about them - its a great company (from my understanding)

[drloretta]

We have everything with USAA, sorry

[elfinia7]

Our home and auto are through Commerce Insurance and our term life insurance is through Northwestern.

Between the two cars we pay about $180, home insurance is part of the mortgage payment each month so I don't know that number off the top of my head. Life insurance for both H and I at $400K each is about $70 a month.

[donthasslethehoff]

I have an independent agent I work with in Westborough, but the insurance is through Commerce. We have our homeowners and auto through them. We pay in the $600 range per year for home on a $350K house. Are you in a flood zone? $1200 seems a bit high. For car we pay $156 per month on a 2008 pilot and a 2006 accord. I have a couple speeding tickets on there, unfortunately, so it's higher than I'd like.

For life we have whole life policies through Northwestern Mutual that we got when we were 26/27 or so. We also have a policy out on our daughter. We pay $360 per month for all 3. I realize that's a lot, but whole life has a lot of benefits for us (it's not good for everyone).

[bostonmichelle]

Our auto policies and umbrella are thru Arbella, together it is $2400 for the year, it sucks we have some accidents from years ago still reporting and we drive a lot (~20k miles for DH and ~15k miles for me) Our homeowners is $700 thru Providence Mutual. And our life insurance is $1m for both of us and $984 for the year with Banner Life.

[noodleoo]

Our cars and home are through Commerce Insurance. I haven't shopped around in years, but I think our rates are pretty good. We have life insurance through Banner life for me and West Coast life for H. The agent we used got us the least expensive policies this way.

[allanwiller]

Health care has become very expensive these days. Health care insurance helps to provide security for any future health care expenses that may arise. Here, the insurer pays the medical costs of the insured that arise from illnesses or accidents. Health insurance has become necessary today. Health insurance covers health care costs but also helps to keep the cost of health care low. Health insurance is generally sought by people who have bad health records or addictions like alcohol or smoking, or who are likely to have future health problems.

www.insurance4motortrade.co.uk

[donthasslethehoff]

Nice, try Allanwiller. Do we have a mod that can delete this crap?