Possibly because carriers have begun limiting the amount of personal lines policies agents can write per month in certain states. Travelers is currently limiting agents to 3 policies per month here in Colorado. I can tell you personal lines agents are pretty stressed out right now with everyone shopping so it makes sense how they want to write new homeowners that aren’t going to leave over a couple hundred dollars. Many have ditched personal lines all together and moved towards commercial only.I tried to shop around this year and was told by more than one agent that I couldn't be quoted because I currently hold insurance. They were only writing new customers.
In 2012 we had a claim about that size from USAA. We had coverage for about 15 years before that. It was a hail claim. New roof (45 squares), gutters, and odds and ends around the place that were damaged. Ya, rates went up.....but that was because we had the Waldo Canyon fire in 2012, big hail storm in 2012, then the Black Forest fire in 2013. So three big events where billions were paid out. Everyone's rates went up around here and in CO in general. Add in the fire in Boulder recently and the rest of the fires, and then two new big hail storms in the area and there have been record payouts. The last 12 years in CO has seen more damage than probably the previous century combined.How many of the USAA lovers have had a claim for a large amount, say $25k+?
I had a nightmare experience with Farmers in 2020. In February 2020 a heroin junky in a 3/4 ton truck with no insurance fell asleep driving, and rear ended me at a stop light. He was probably going 40mph.A couple of years ago I was rear ended bad by a lady texting on her phone. Crumpled up my new f150 and hurt me. She was of course under insured which I had insurance for through allstate, a company I had been with without a claim for 33 years. The next six months were a nightmare dealing with them. I won’t go into all the crap allstate put us through during that time but what was shocking was how naive I had been thinking the 33 years I had been a good customer would account for something. We are now with usaa. Haven’t had a claim yet so can’t speak to that. On a side note, I ended up getting $2500. from allstate in a class action lawsuit. Seems they were treating a lot of other owners of f150s the same way. Made me feel a little better anyway.