Our insurance was at 175.00/month for 08. Received a letter that the 09 rate will be 250.00/month.
Question, what percent did our insurance premium increase?
Our insurance was at 175.00/month for 08. Received a letter that the 09 rate will be 250.00/month.
Question, what percent did our insurance premium increase?
Dale: Dang near 45 percent increase.
Who is that little girl in the picture with you?
Roger that!
2008 Liberty DS XL2
2023 Denali Ultimate
My 6th Prevost
42.85714% give or take a bit.
Who insures your coach, the government?
I told the guy 43% and he told me only 30%. I wanted to get the advice of you math majors.
I took 250 divided by 175 = 1.4285... thats where i got 43 percent
I thought that to figure it you would divide 175 by 250 that equaled 70 percent. If I take 250 x .70 = 175
So I wasn't sure what I was doing wrong.
Dale, You can do it two ways and get the same answer. You could also divide the amount of increase ($900) by the original $2100 and get the same 42.857. Either way, it is more than 30%. A rather significant increase. I do hope this is on your house, not your bus.
Dale & Paulette
"God Loves you and has a plan for your life!
This is for our health insurance. The little girl and I took out a new policy a year ago and after a year it went up 42.85714% Wow! I best be looking around again.
So, just to add insult to injury, if you now got a $75/mo decrease (back to original price), then you'd only be getting a 30% reduction.
Their 30% figure came from dividing by the new value, which is wrong.
$75 is a larger percentage of $175 than it is of $250.
Ray
Sounds like "new math" to me. Was you agent employed by the Feds at one time?
John Knollmaier
Still Dreaming!
It's still Reaalllyyyy cheap from where I'm sitting and it's a 30% increase! You'll get different answers from the TN crowd.