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Updated over 1 year ago on . Most recent reply

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Larry Tran
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3
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50% premium increase in Olympia, Washington

Larry Tran
Posted

Hello everyone,

We have a small rental (2 beds, 1 bath 1000 sqft craftman bugalow) in downtown Olympia, WA. My insurance will be renewed Nov 1, 2023. Safeco is the current insurance company and they gave us a new renewal notice with 50% increase in premium, going from $818 to $1,239. This is a rip-off! Does anyone have any suggestion for other broker / insurance company that is not as crazy.

Appreciate any insights/inputs.

Larry

Most Popular Reply

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882
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1,968
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Sherief Elbassuoni
  • Realtor
  • Bellevue, WA
1,968
Votes |
882
Posts
Sherief Elbassuoni
  • Realtor
  • Bellevue, WA
Replied

@Larry Tran, unfortunatelly, this is common. Most insurance companies increases premiums.

Contact the big players (Statefarm, Geico, ....) and also an insurance broker, and shop around

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