bri1468

bri1468 t1_jeaucx8 wrote

It depends what your coverage is. Without giving way too much personal information then is appropriate for Reddit it would be hard to know if this is a good rate. There are so many factors when it comes to rating. The best way to know that you are getting a good rate is to get a few quotes from independent agents or get a few quotes yourself and compare coverage and pricing.

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bri1468 t1_iujmcpx wrote

Just about all states are seeing increases due to inflation so it’s not just us. Based on what I’ve seen 9.8 % isn’t crazy. If you can though increase your liability limits above state minimum. You’ll be happy you did if you ever need to use it. That being said it’s still possible you could find better rates. There are so many things that factor into rates everyone’s increase will be different. as someone else said some people are even seeing decreases in rates based on the level of risk they’re presenting as well as their insurance companies “appetite” for that particular risk group. It may be worth it to reach out to an independent agent and see if they can find you a better deal.

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bri1468 t1_ity5p6x wrote

Definitely report the increase as soon as possible. There is currently a public health emergency in effect that is extending Husky coverage anyway. Since the PHE is extending the husky coverage in my opinion more than likely you will not end up paying anything back. Also Husky eligibility is based on current/ monthly income and eligibility doesn’t have much to do with tax filing other than your tax household size versus the federal poverty level. There are other programs that the annual gross income is the number being looked at but for Medicaid it’s the monthly / current income only that is taken into account.

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