Auto Insurance

[AugieTN]

This is crazy. I have auto and home insurance through a major insurance company 20+ years. Wife just paid the 2021 Jeep insurance $390.74. I thought that seemed a little high, so I checked previous payments for the Jeep.

2/11/2022 $314.01
8/11/2022 $368.50
2/11/2023 $390.74

No accidents, clean driving record. The Jeep is getting older and worth less and the price keeps going up.

I then checked pricing at Progressive $278.00 for the exact same coverage. I doubled checked.

Just wrote an email to my insurance agent and told him they were pricing themselves out of the market and if this isn't corrected I would be gone in 6 months.

 

[ocnbrze]

This is crazy. I have auto and home insurance through a major insurance company 20+ years. Wife just paid the 2021 Jeep insurance $390.74. I thought that seemed a little high, so I checked previous payments for the Jeep.

2/11/2022 $314.01
8/11/2022 $368.50
2/11/2023 $390.74

No accidents, clean driving record. The Jeep is getting older and worth less and the price keeps going up.

I then checked pricing at Progressive $278.00 for the exact same coverage. I doubled checked.

Just wrote an email to my insurance agent and told him they were pricing themselves out of the market and if this isn't corrected I would be gone in 6 months.

6 months? more like tomorrow.........lol

are you sure your wife is not keeping some unpaid parking tickets or speeding tickets from you?

 

[AugieTN]

Wife and i both have a clean driving record and the state doesn't require us to renew our drivers license in person. It's done automatically by the state and a new DL is sent to us.

 

[Dannydet]

6 months?
Why?
I find a better price and change immediately.

 

[Fox Mulder]

No surprise, everything is going up.
See if your state has a defensive driving course available, here in NY we can take it once every 3 years for a 10% discount on liability and collision. It's a $25 investment that saves me hundreds, beats the return on anything at the bank. Just did one last week so good for the next 3 years.

 

[Dannydet]

$672 dollars saved by changing insurance now.
I've been using Progressive for years and I pay $216 per month for full coverage on 2 SUVs.
Your throwing money out of the window by sticking with your current insurance company

 

[AugieTN]

I have a 2nd car that I need to get insurance for in April Here is how the prices have skyrocketed. It's 2018 Ford Fiesta, 5 years old

$307 current bill
$273 6 months ago
$269 1 year ago

Something I noticed when checking on rates All the different auto insurance companies know what cars I have, who my insurance company is, and what limits I have for each item listed. How did that happen?

Capitalism works if there is competition. I think the insurance companies are playing follow the leader and are not competing. Without competition Capitalism doesn't work.

A few years back cell companies were doing the same thing, playing follow the leader. If they can charge $80, I can charge $85. If they are charging $85, I can charge $90. It wasn't until the new CEO of T-Mobile brought competition back into the marketplace

I have seem a 100 excuses as to why car insurance rates are skyrocketing and they are all BS as far as I'm concerned. I truly believe the problem is no competition and insurance companies playing follow the leader

Car insurance rates are skyrocketing. What you can do to keep costs in check

 

[Dannydet]

The insurance companies charge you by your zip code, your driving record, age, number of vehicles, trust me my wife worked for AAA in claims for years so we know the crap they pull.
Check some of the lesser known companies, they'll get you better prices.

 

[Dannydet]

Both of my SUVs are leased.
2022 and 2021, Buick Encore GX and Chevy Trax.
GM requires us to keep full coverage on both vehicles, 100/300 and 500 comprehensive.
$216 total a month for both vehicles and our insurance company is Progressive, with a homeowners policy bundle.
Flo knows....+1 888-671-4405

 

[Dannydet]

Progressive so far has the best price

 

[treb1797]

Until you have to file a claim that is

 

[rootabaga]

We’re bundled with Nationwide. They’re supposed to be on our side.

We had a HO claim less than six months after we moved to them and they handled it quite well. Nothing else since then and our rates have gone up a little, but not much.

 

[rootabaga]

I was checking American International Group reviews and thought i might go with them

AIG has a great reputation. I've never insured with them, though I wouldn't be all that concerned about insuring through them.