Received latest bill for home owners insurance which is paid with my mortgage monthly. Increase for 2013 over 2012 was $423 over this years cost of $1145.
When I called the agent, they indicated it was because State Farm was raising rates for those who did not have a fire hydrant closer than 1000 ft. I went out and measured distance to fire hydrant and it was less than 500 ft. I called back agent and they are to advise of change of rate.
I see this as a tactic to see how many people won't pay attention to their bill change, especially if the insurance is paid by their mortgage escrow.
If enough people don't pay attention, this is a huge windfall to State Farm. If they were really interested in this issue, they could check in advance of changing pricing, not after a challenge is made.