Homeowner's renewal rate

I live in New Orleans, LA so I was fully prepared for my homeowner's insurance rate hike this year. The state of Louisiana approved a rate hike of 33% for Farmer's Insurance, so I was expecting my already outragous payment of $2,700 a year to go up to $3,600 or so. Nope. Farmer's went ahead and blew my worst case senario out of the water by sending me a bill for $7,250 for the year. That's a 160% rate hike according to my calculations! That's $600 a month! I've filed a complaint with the LA state insurance commissioner, but so far that effort has proven fruitless. Can you believe the nerve of those people?

We too feel that we have been ripped off by Farmers. Our homeowners goes up $100 each and every year. Not sure if we can do anything about or not. We are definitely going with another company. Any one else out there with this problem let us know where we can go for help if any?

We to had a rate hike of a thousand dollars, when we asked why we were told that it was for a $500.00 claim we had filed 2 years before.when we filed the claim we asked if it would raise our premiums and were told no. We are going to cancel our policy it is a rip off.

Hello I have had my insurance rate also go up I live In Mobile Al I have bee with Farmers for 5 years . up till 1 years ago I was paying 1300 a year I made a claim in 2006 that Farmers said they were not going to pay and gave it to me in writing!! I took that denial to my lawyer my lawyer wrote Farmers a letter and they payed the claim. I then started looking for another Insurance co. to give me a quote and I had all of them tell me I was on probation for the claim I made with Farmers that I had every right to make and I would have to wait 3-4 years before I could get a quote and leave them. I said what the hell I have to stay with this crapy Insurance company and I have no choice in the matter and they all have told me that I made a un weather related claim and how these insurance co. have worked it out with our Government who have passed laws helping insurance co is that if MR johns makes a claim that is none weather related he will be punished for up to 3-5 years and he will have to pay that Insurance co what ever they want to charge on his Homeowners Ins. and guess what they also are doing during Huricane season they will not give you a quote till the first of the year that is Jan so you are stuck with them . And most will not give a quote if you live south of I-10 anyway so you are stuck with what you have. I have been lucky I found on Ins company who would give me a quote and they are Geovera Ins. Good luck with anyone who thinks it will be easy to cancel with Farmers are any other insurance co, It took me 3 years to find another Insurance co. and i have been going at it real hard the last 4 months I mean 2-3 4 hours days on the phone and computer talking to agents who have denied me a quote till I found one who would. Good luck write your Senator and congress man this has to change for the sake of our children and grand children!!

My husband was the primary on our auto and homeowners with Farmers. We have been with them for over 20 yrs. Feb. 2011 he passed away and when I called Farmers, they made me the primary on the account and ran a credit check and jacked my annual premium up from $850 to $1459 a year. Dealing with all the mail coming in and responsibilities of handling a death, I did not notice what they had done. My house payment went up this year, so I called the agent and he said I would have to call Farmers directly to find out why they increased the premium. They told me they ran a credit check and I had the "worse imaginable credit" and that is why the annual premium went up. I told them I had excellent credit, so I thought I needed to check my credit to make sure eveything was okay. There was nothing negative on my credit, so I called them back and wanted specifics on what they were seeing. They told me that Equifax sends a data file directly into their system and it kicks out the premiums and they never see what is on the credit report. I told them they have a glitch in the system and I wanted them to adjust my annual premium and a refund on last years overcharge. They hung up on me...I called my agent and told him he was going to have to get involved and I wanted it resolved. A woman called me back and said the premium had gone up because my income/debt ratio. Okay, so 1st it was my credit, now its income/debt ratio. I told her that doesn't make sense, I have a house payment, car payment, and utilities, that's it. For most of our marriage, I made more money then my husband, had better credit then he did, and was the one that made sure everything got paid and on time, so this was a real slap in the face...I have survived the last year paying everything and not wanting for nothing, so now you are telling me my income/debt ratio is the reason and makes me a bad credit risk? So Farmers response is to increase my premium $609 per year, put my income/debt ratio even further out of balance, but I have to question how they are computing my income/debt ratio when I don't know how they know how much money I make.