The American Association of Retired Persons (AARP) is the biggest senior advocacy organization in the United States - by far. However, there are political reasons that many people have decided to drop their AARP memberships. What are their reasons not to join AARP?
Joining saves me @ $600 on Insurance annually plus if a Karen of hardcore commie gets in my face I can pull my AARP card out and tell them to back off. Beats another trip to the crossbar hotel and bail money.
Mine went up 40% this year. No claims have been made in many years. I talked to my agent and explained that I've been a loyal customer for 30 years and this just won't work. He said he's sorry and doesn't disagree, but cannot do anything about it. He said the insurers (Allstate in my case) are losing their asses because of all the casualty claims for the last several years.
He said I can probably save money with a lower tier insurance company, but that those insurance companies are notorious about fighting claims and paying as little as possible and only as a last resort.
Just another blow to home affordability. Between interest rates, property taxes and homeowners insurance rates, it's getting tough out there.
I have had Travelers Homeowners for 20+ years. Today I got a notice that on August 8th I will have a 35% increase in my annual premium. In my 20+ years I have never had a claim, so I will be shopping around for better rates any suggestions. I am retired now and need coverage.
www.texasguntalk.com
Texas is one of the states that has approved big premium hikes for insurance companies.