My home isn't on the water, but I live in Virginia Beach in a $200K home and my insurance went up 30% and I'm not in a flood zone or anywhere near the beach. Virginia Beach is a very large city and I don't believe it should increase for the entire state. I agree if you build on or near the water, but for the rest of us its not fair or justified. I guess it should go up for those people in the tornado alley, those on the West coast because of the fires, you name it. I've had my insurance since 1988 and never filed a claim, so they've just been taking my money and now they want more. I need to start filing some claims to get my money back!
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