I'm not only in Real Estate but my wife owns an Allstate. I can tell you that not only has Allstate homeowners rates been increasing but so has our competition. All rates are increasing because of the catastrophe losses insurance companies are taking. As a result, we have noticed our competition is going away from replacement costs and going to actual cash value. In addition, our competition is also requiring homeowner to carry 1% deductables to help with controlling these claims. Rates are definately on the rise as storms increase, and the cost of materials, for making said repairs, is increasing.
Coldwell Banker Wallace & Wallace