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Old 08-31-2017, 05:44 AM
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Default Car Insurance

I'm curious to know what other folks are seeing regarding their car insurance. Over the last year-and-a-half, our car insurance has gone up 55%. Is anyone else seeing these kinds of increases?

I've run our cars/profiles through other insurance companies, and there's really no savings to be had by moving, and our deductible is what I would consider average.

If this continues, I'll be riding a bicycle.
Old 08-31-2017, 05:48 AM
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I have not seen an increase in 12 months. 55% is huge increase. Any accidents or tickets in the past 12 months?
Old 08-31-2017, 05:58 AM
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I saw about a 18% increase over the past year. State Farm in Florida. I also shopped it but for comparable coverage the savings would be insignificant. I just got a new truck and increase for that was marginal. I didn't include that in the 18%.
Old 08-31-2017, 07:13 AM
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I shop every time it goes up.
No tickets, no accidents no claims, excellent credit, they have no reason to raise my premiums.
6 months ago I switched from Met-Life to Geico. Now Geico jacked it up by $70.
Switched to Progressive $10 less than where Geico was because I have a boat policy also with Progressive.
Constant battle to keep car insurance more or less reasonable.
Old 08-31-2017, 07:19 AM
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I'm in the business and the last few years there have been a rise in claim frequency and severity. With cheap gas prices people are driving more and more and this is one of the biggest factors. See the graph in my link its an interesting read.

http://www.verisk.com/verisk-review/...-the-rise.html
Old 08-31-2017, 07:32 AM
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Originally Posted by fishingfun View Post
I'm in the business and the last few years there have been a rise in claim frequency and severity. With cheap gas prices people are driving more and more and this is one of the biggest factors. See the graph in my link its an interesting read.

http://www.verisk.com/verisk-review/...-the-rise.html
Yeah, but why penalize the safe drivers with low annual mileage? My wife drives 6000 miles per year, I drive 3500. Low exposure, low risk but we get the same rates and the same increases as the folks with high mileage and multiple accidents.
Old 08-31-2017, 07:42 AM
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Originally Posted by csy man View Post
Yeah, but why penalize the safe drivers with low annual mileage? My wife drives 6000 miles per year, I drive 3500. Low exposure, low risk but we get the same rates and the same increases as the folks with high mileage and multiple accidents.
How are you privy to what those drivers pay?
Old 08-31-2017, 10:05 AM
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Originally Posted by Danny33486 View Post
How are you privy to what those drivers pay?
Because I pay full price, have not given any discounts for a clean driving history and low miles that am aware off, instead my rates go up when other folks have accidents.
Why not let the people with accidents eat the additional expense and give the safe drivers a discount,?
$1,100 every 6 months for 2 cars and nothing fancy.
Old 08-31-2017, 10:11 AM
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Originally Posted by csy man View Post
Because I pay full price, have not given any discounts for a clean driving history and low miles that am aware off, instead my rates go up when other folks have accidents.
Why not let the people with accidents eat the additional expense and give the safe drivers a discount,?
$1,100 every 6 months for 2 cars and nothing fancy.
Your analysis is seriously flawed. To test your theory I suggest you go get a speeding ticket and report back when you get your new renewal.
Old 08-31-2017, 10:28 AM
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Originally Posted by csy man View Post
Yeah, but why penalize the safe drivers with low annual mileage? My wife drives 6000 miles per year, I drive 3500. Low exposure, low risk but we get the same rates and the same increases as the folks with high mileage and multiple accidents.
No you don't. While you do pick up the cost of claims the people having the claims pay more then the clean customers.
Old 08-31-2017, 07:23 PM
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Originally Posted by Danny33486 View Post
Your analysis is seriously flawed. To test your theory I suggest you go get a speeding ticket and report back when you get your new renewal.
Thx, but trying to avoid speeding tickets and accidents and expect my rates to stay low because of it.

Is there any insurance company out there who reward safe driving and low miles with low premiums?
Old 08-31-2017, 07:27 PM
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Originally Posted by fishingfun View Post
No you don't. While you do pick up the cost of claims the people having the claims pay more then the clean customers.
That makes sense of course, but I only see my premiums go up after 40 years of driving with no accidents or claims.
Old 08-31-2017, 07:46 PM
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See if your insurance score dropped.
Old 08-31-2017, 07:47 PM
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Allstate jacked up my commercial insurance last year 40% for no reason. I went with a different broker and received a 25% savings over the prior year cost.

Shop around.
Old 09-01-2017, 07:23 AM
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No, our car insurance hill has gone down a bit every year the past few years. 4 drivers with clean records and not living in Florida is the key.

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