auto insurance rate hikes
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Topic author - Senior Member
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auto insurance rate hikes
I have to be a bit on the yell side
my auto policy covers 3 vehicles and is april to oct, then oct to april
for life of me i do not understand why only 6 month policies are only option
any way we have FB farm bureau and have since 2009 they always beat everyone in price and service
today i got my preliminary renewal statement
1737 up from 1468 last term WHAT The wholly chicken feathers?
we have no wrecks, tickets and drive less than 10k miles per year on each vehicle and all are garaged .
i was told car parts prices, tech in cars and of course the old stand by wildlife claims and THEFT and the big kick UNINSURED motorists
which brings to start tossing folks in jail for no insurance , but that is a whole different topic
so i ask if anyone else is seeing such a large increase from last oct to now?
thanks
my auto policy covers 3 vehicles and is april to oct, then oct to april
for life of me i do not understand why only 6 month policies are only option
any way we have FB farm bureau and have since 2009 they always beat everyone in price and service
today i got my preliminary renewal statement
1737 up from 1468 last term WHAT The wholly chicken feathers?
we have no wrecks, tickets and drive less than 10k miles per year on each vehicle and all are garaged .
i was told car parts prices, tech in cars and of course the old stand by wildlife claims and THEFT and the big kick UNINSURED motorists
which brings to start tossing folks in jail for no insurance , but that is a whole different topic
so i ask if anyone else is seeing such a large increase from last oct to now?
thanks
Proud to have served for over 22 Years in the U.S. Navy Certificated FAA A&P technician since 1996
Re: auto insurance rate hikes
We got an email from our agent last week saying that prices might be going up. We’re not due for a couple of months yet.
Re: auto insurance rate hikes
With a clean record you should re-shop home and auto insurance every three years. Many companies will have lower rates if they are targeting the market in your area to gain customers
Keith
Texas LTC Instructor, Missouri CCW Instructor, NRA Certified Pistol, Rifle, Shotgun Instructor and RSO, NRA Life Member
Psalm 82:3-4
Texas LTC Instructor, Missouri CCW Instructor, NRA Certified Pistol, Rifle, Shotgun Instructor and RSO, NRA Life Member
Psalm 82:3-4
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Re: auto insurance rate hikes
yes i shop at least once a year to see whats what
just got a call back from a liberty mutual guy
will not insure my class A motorhome, but will do the 2 vehicles and house for 4170 and some change per year...I almost lost my lunch laughing
he said that was a great rate for a bundle of house and two cars...i think he was deranged
just got a call back from a liberty mutual guy
will not insure my class A motorhome, but will do the 2 vehicles and house for 4170 and some change per year...I almost lost my lunch laughing
he said that was a great rate for a bundle of house and two cars...i think he was deranged
Proud to have served for over 22 Years in the U.S. Navy Certificated FAA A&P technician since 1996
Re: auto insurance rate hikes
I just paid my Flood Insurance. I take $250,000 building and $100,000 contents and it was $764. Not in flood zone.
Texas LTC Instructor
NRA Basic Pistol Instructor
NRA Life Patron Member TSRA Member
USMC 1972-1979
NRA Basic Pistol Instructor
NRA Life Patron Member TSRA Member
USMC 1972-1979
Re: auto insurance rate hikes
My Motorhome insurance is only $46.00 per month through Progressive.powerboatr wrote: ↑Thu Mar 02, 2023 8:28 pm yes i shop at least once a year to see whats what
just got a call back from a liberty mutual guy
will not insure my class A motorhome, but will do the 2 vehicles and house for 4170 and some change per year...I almost lost my lunch laughing
he said that was a great rate for a bundle of house and two cars...i think he was deranged
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Re: auto insurance rate hikes
Funny you should mention that. My home and auto policies were up for renewal on March 1. Both policies with the same company, both renewing at the same time. House premium went up 51%. Auto premium went up 33%. Yes, really! No claims on either in many years, no changes in vehicles, only my wife and I as drivers (both retired), no changes or upgrades to the house. I called to tell them that they were basically out of their mind, and I would not be renewing. They asked if I would like to speak to a "retention specialist." I laughed and said "no, thanks." Apparently, Doug and his big bird think they've hit the Big Time.
I already had the motorcycle insurance with Flo, so I called her about adding the house and cars. She gave me a way better deal than Doug and the big bird, even before they lost their minds!
I agree with what Keith said above. You've got to shop around and be willing to change every few years, or this is what you get.
I already had the motorcycle insurance with Flo, so I called her about adding the house and cars. She gave me a way better deal than Doug and the big bird, even before they lost their minds!
I agree with what Keith said above. You've got to shop around and be willing to change every few years, or this is what you get.
Re: auto insurance rate hikes
Wow, and I thought the Mayhem guy was way out of bounds when my homeowner's premium shot up 28% at last renewal. If you really want to drive the country into a recession, raising insurance premiums 50% and 33% at one fell swoop will do it faster than increasing food prices. Not to mention that my property taxes continue to increase every year at close to the maximum rate allowed by law. Real housing values plummeting, insurance skyrocketing, interest rates increasing, and property taxes continuing to go up is not a good formula for a stable middle class.thatguyoverthere wrote: ↑Thu Mar 02, 2023 10:32 pm Funny you should mention that. My home and auto policies were up for renewal on March 1. Both policies with the same company, both renewing at the same time. House premium went up 51%. Auto premium went up 33%. Yes, really! No claims on either in many years, no changes in vehicles, only my wife and I as drivers (both retired), no changes or upgrades to the house. I called to tell them that they were basically out of their mind, and I would not be renewing. They asked if I would like to speak to a "retention specialist." I laughed and said "no, thanks." Apparently, Doug and his big bird think they've hit the Big Time.
I already had the motorcycle insurance with Flo, so I called her about adding the house and cars. She gave me a way better deal than Doug and the big bird, even before they lost their minds!
I agree with what Keith said above. You've got to shop around and be willing to change every few years, or this is what you get.
“Be ready; now is the beginning of happenings.”
― Robert E. Howard, Swords of Shahrazar
― Robert E. Howard, Swords of Shahrazar
Re: auto insurance rate hikes
If you served, try USAA. Although their rates have gone up a little recently, they are hard to beat. Plus, they are great to deal with.
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Re: auto insurance rate hikes
I had Liberty Mutual for everything for many years.
As their rates kept going up, I found a great independent agent who shopped my needs around. I saved $2,000 the first year. When I called Liberty to cancel, they asked why. When I told them how much I was saving, they said "yeah, well, ummmmm."
As their rates kept going up, I found a great independent agent who shopped my needs around. I saved $2,000 the first year. When I called Liberty to cancel, they asked why. When I told them how much I was saving, they said "yeah, well, ummmmm."
Excaliber
"An unarmed man can only flee from evil, and evil is not overcome by fleeing from it." - Jeff Cooper
I am not a lawyer. Nothing in any of my posts should be construed as legal or professional advice.
"An unarmed man can only flee from evil, and evil is not overcome by fleeing from it." - Jeff Cooper
I am not a lawyer. Nothing in any of my posts should be construed as legal or professional advice.
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Re: auto insurance rate hikes
If only insurance companies didn't spend hundreds of millions of premium dollars promoting and advertising on sports...perhaps then their customers could afford the rates.
As I said to my wife during the Super Bowl about the State Farm Stadium, "hey look our premium dollars at work."
As I said to my wife during the Super Bowl about the State Farm Stadium, "hey look our premium dollars at work."
Re: auto insurance rate hikes
Good point, and not just sports. I don't know how to get any solid statistical data without paying for it, but my bet would be that two of the largest purchasers of television ad time annually are pharmaceutical companies and insurance companies. I found a few links, but they're all for-fee subscriptions sites. Evidently, for 2021 overall, Liberty Mutual was the biggest TV spot ad buyer, and Geico was number two.Grayling813 wrote: ↑Fri Mar 03, 2023 10:48 am If only insurance companies didn't spend hundreds of millions of premium dollars promoting and advertising on sports...perhaps then their customers could afford the rates.
As I said to my wife during the Super Bowl about the State Farm Stadium, "hey look our premium dollars at work."
iSpot.tv tracks some of this stuff weekly (https://www.ispot.tv/ad/top-spenders), but they do it by product with what they call "Real-Time Media Measurement." According to them, over the past 7 days Progressive Insurance was the biggest spender (estimated $6.8 million for the week), followed by Domino's Pizza, with positions 3 through 7 all pharmaceutical companies. Positions 8 through 10 were cell-phone related.
“Be ready; now is the beginning of happenings.”
― Robert E. Howard, Swords of Shahrazar
― Robert E. Howard, Swords of Shahrazar
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Re: auto insurance rate hikes
Not only do they have a lot of ads but also the ads are some of the most stupid idiotic ads on tv.Rafe wrote: ↑Fri Mar 03, 2023 1:00 pmGood point, and not just sports. I don't know how to get any solid statistical data without paying for it, but my bet would be that two of the largest purchasers of television ad time annually are pharmaceutical companies and insurance companies. I found a few links, but they're all for-fee subscriptions sites. Evidently, for 2021 overall, Liberty Mutual was the biggest TV spot ad buyer, and Geico was number two.Grayling813 wrote: ↑Fri Mar 03, 2023 10:48 am If only insurance companies didn't spend hundreds of millions of premium dollars promoting and advertising on sports...perhaps then their customers could afford the rates.
As I said to my wife during the Super Bowl about the State Farm Stadium, "hey look our premium dollars at work."
iSpot.tv tracks some of this stuff weekly (https://www.ispot.tv/ad/top-spenders), but they do it by product with what they call "Real-Time Media Measurement." According to them, over the past 7 days Progressive Insurance was the biggest spender (estimated $6.8 million for the week), followed by Domino's Pizza, with positions 3 through 7 all pharmaceutical companies. Positions 8 through 10 were cell-phone related.
"When democracy turns to tyranny, the armed citizen still gets to vote." Mike Vanderboegh
"The Smallest Minority on earth is the individual. Those who deny individual rights cannot claim to be defenders of minorities." – Ayn Rand
"The Smallest Minority on earth is the individual. Those who deny individual rights cannot claim to be defenders of minorities." – Ayn Rand
Re: auto insurance rate hikes
Same here.... our GEICO insurance went from 115 to 169 per month, for the next 6 month period. Quotes from other companies were pretty close to that, not sure if it's worth switching. Called GEICO and of course it's all due to inflation, cost of freight, supply chain, labor, materials, etc. etc. which I'm sure is at least partially true.
-Ruark
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Re: auto insurance rate hikes
i though about progressive and USAA, but i have a very raw spot with both,
they screwed us like a Chinese hooker with a bad meal in mexico in my sons divorce
they screwed us like a Chinese hooker with a bad meal in mexico in my sons divorce
Proud to have served for over 22 Years in the U.S. Navy Certificated FAA A&P technician since 1996