Peregrine Diamonds Ltd. PGDIF

On a completely unrelated topic - Home insurance

[ekim]

If I could save more money on home insurance...then I could buy more PGD stock..so I guess it is very weakly related :)

I go through TD for my home insurance (mostly just contents insurance, not fire as I'm in a townhouse).

Anyway, Just got my renewal notice and the fees I pay have gone up 58% within a 2 year period.
This is with TD Bank (prevously monnex). Nothing has changed in my policy.

What does everybody here for home insurance (broker? change companies once in a while? or just stick with the same company year in and year out).

This is probably the year I will be changing.

TIA

EKIM

[maintenance1]

Every few years (wishful delusion, 5 or 6 is more like it) I shop around. I too was with another company that was bought by TD. I didn't like that. Anyway, I have yet to find anyone who could beat TD. I plan to revisit later this year.

[ekim]

Between the banks and the telecommunication services and fees...they seem to think that when there is no significant wage increases in society..they can just keep jacking up rates year after year. This cannot end good. EKIM

[Fivecarat]

Rates have definitely gone up especially if you live in the situation you describe, townhouse living, apartments, where your neighbors may not be as responsible as one would like and of course the closeness of that type of living.  How much has your part of the complex insurance gone up? Maybe as a whole, your complex may or should be able to negotiate a better deal if you band together as

[Trekewl]

the value of your house must be skyrocketing to account for that increase. Aren't you in the Vancouver area?

[mill44]

It might be so, but his insurance is just content, townhouses are usually insured by Strata. The increase is just that, more expense. I would say that is related to the markets as well. Central banks make it very difficult for anyone to get any return on their money outside of the stocks (but that was the ideea, creating the illusion of wealth, no?). All the conventional ways are out of question