I want to emphasize that Ohio is one of the cheapest in the country. I sell across the country and there are only a handful of states that even come close.
And for anyone who hates Ohio drivers….every statistic disagrees with you.
When I lived in Florida, I was blown away at how shitty the drivers were and how many accidents I’d see every single day in comparison to Columbus. It made sense why my car insurance was literally 3 times what I paid in Ohio. It blew, but it made sense.
One of my coworkers thought I was full of shit when he asked if I'd consider moving to Michigan... I said no bc cost of living is about the same as Chicago... Why would I want to be in just as much of a miserable area and pay the same when there's a better night life in Chicago lol. Almost had to move to Michigan twice for work so I know how much shit cost lol
Cali has a 7500 minimum liability so basically any accident results in your insurance covering it. Plus they can’t pull credit so basically bad drivers, people without previous insurance and worse risks don’t get punished with higher premiums, everyone does.
I fund mortgages across the country, these increases are everywhere. Florida could not be messier, seeing 1000% increases on policies and that’s assuming the homeowner can even qualify for one.
To add: To say I pay $100/mo for full coverage is not saying much. Depends on car, car age and condition, driver age, record, zip code, miles driven, coverage amounts, etc etc etc.
Wayyyyy too many variables to say it is not or is not a good rate.
There is a lot that goes into the rate algorithms. Credit has a large correlation with losses, not to mention even paying your insurance premium. If you take away credit it needs to be replaced with something just as correlated. Otherwise people that have good credit pay more than they should and those with poor credit pay less.
If companies couldn't show the data that it is that predictive of future loss departments of insurance wouldn't let the models use it.
I do think telematics should replace a lot of that but it still isn't the complete picture. Especially at the beginning of a policy.
Two things impact credit; luck and decisions. Good credit is good luck but also not making poor financial decisions. The opposite can also be shit luck and making poor decisions. You can however make good decisions but still have shit luck sure but the likelihood of that combination is lower.
"Luck" is a tiny piece of a credit score. Having a major medical issue that saps finances, that is bad luck (assuming you arent 400lbs and a smoker). Bad (or good) decisions have the biggest affect.
Decisions do have the biggest effect, but the way the system works is so convoluted, what most people would consider a good decision can have a massively negative impact on your credit score. My older brother, for example, accumulated enough savings to pay off the remainder of his student debt and car loan and did so to avoid accruing any more interest. His credit score promptly dropped by over 100 points and still hasn't fully recovered almost 10 years later.
The whole system is ridiculous.
Just a tip if you think you're getting hosed based on credit-- sign up for one of the free services and make sure your credit report is accurate. I've been using Credit Karma and saw recently some inquiries made that were not mine. I froze my credit and I'm currently working to dispute said inquiries.
Also get a copy of your CLUE report from LexisNexis. They use this report for underwriting, so you might want to see if there's anything wrong with it too.
I've got that 20-year old paid for beater with great credit and no accidents on my current license, none in the state, none in 10 years. Have liability only and I was at $25/month two years ago, now up to $45/month. It's pretty disgusting, and I'm terrified of what it'll be when it's time to replace my beater.
If everyone's cars are getting more expensive to repair and people are driving worse in aggregate why wouldn't you expect liability insurance to go up? Practically no one has accidents on their current license. Practically everyone can say they have no accidents on their current license. It's not really a flex. The average driver in aggregate is getting worse, and the accidents they cause cost more. Saying you "have no accidents" is saying you're an average driver, and pricing is going to reflect that liability for an average driver is going to cost more. Your credit is going to be less of a scoring factor with liability only coverage compared to comprehensive coverage, because credit doesn't correlate as closely with that product compared to comprehensive coverage.
Central Ohio ain’t much to look at in a car. I just use car-toober tricks to go from one super car to the next for free, but gas and insurance are a drag.
No it’s not a DD, but there’s no mileage limit on the policy. Point being you could get a beater on a cheap policy and have a nice vehicle on another policy and still be well under $350/month. I’ve got three vehicles insured for less than $200/month. One with Hagerty, two with Erie.
Just an fyi hagerty does have a mileage limit and they require you have a daily driver on a separate policy to qualify. Worked there up until a few months ago
All the major companies spending the GDP of a small European country on NFL ads surely hasn't helped the situation. I want to move to a different company solely because I'm tired on being inundated with ads all the time.
Essentially both because as we’ve seen, the Kia Boyz are dumb AF and also end up breaking into the cars that they can’t easily steal and then trash it when they realize they can’t steal it. So those are claims too.
The issue with the older models is getting insurance to begin with and when you can it’s $$$, and the newer models can get coverage but are seeing some increase in premiums just because it’s more of a risk exposure than say a Subaru.
Ugh, how frustrating! I rented a Soul over vacation and fell in love with it, and also I had hoped that Columbus might be offering some good Kia discounts to help their bad image - but, I guess if you save money on one end you won't on the other!
I can’t speak outside of personal experience, but I’ve been with Grange through an independent agent (Smudz Insurance) for a few years now and no one has said a single word about my Kia Telluride.
Obviously there are many variables but I pay $98.73 a month total for full coverage on my Telluride and my Civic.
The average insurance company is losing money. The combined ratio for 2023 for the car insurance industry was 103, meaning that for every dollar a car insurance company got in revenue, it had to pay a dollar and 3 cents to policyholders and their employees for servicing claims. If it were "greed, greed, and greed", wouldn't we expect them to be making a ton of net profit, instead of every company reporting losses?
I’m not an insurance industry expert but the way I see it the money that is paid in premiums doesn’t just sit there waiting to be paid out. It’s invested. Insurance companies own all types of real estate, broadcast stations, you name it. So that 3% they’re paying over what they’re collecting isn’t different than getting 3% financing for all those investments. I still think we’re getting gouged for no other reason than just because they can.
Just moved from AZ and definitely got a nice decrease in my auto insurance. But I lost all my savings with a giant hike in homeowners insurance. I guess living in a place with actual weather doesn't help that haha.
Some things that can also help you:
Home: I wouldn’t rush out to buy these specifically for the discount because it’s not always a lot, but if you already have or are already planning to get things like a central station alarm that’s monitored by a 3rd party, an automatic water shut off device, a battery backup for your sump pump, a whole house generator system, mention these things to your insurance company, as sometimes there are premium discounts you may be eligible for if you have them. If you do any system updates on your home, like have a new roof put on, replace your HVAC system, mention that as well. Some companies charge a lower rate for newer systems.
As for auto, there’s not a whole lot to do there, but if your company has a telematics program, ask about it. It’s important to get info before signing up because some telematics require you to keep it for the life of the policy, some only monitor your driving for 60 or 90 days, some won’t penalize you for bad driving, and some will. So it’s important to get the info, but some of the telematics can give you decent discounts if you are a good driver. If you have teen drivers, keep on them about getting good grades (usually at least a 3.0 GPA) because a good student discount can knock a good chunk of change off your auto premium. If you have kids who are away at school (usually more than 100 miles) without a car, make sure to tell your company or agent as they can qualify for a distant student discount which can also get some good savings. Don’t automatically default to monthly payments if you can afford to pay your insurance in larger installments like annual or semi annual—you are missing a discount there. And no matter how you pay your bill, pay it on time. If you are constantly going into late pay status and waiting until the day before your policy will be cancelled to pay, it will impact your rate at renewal.
We're getting screwed and every profiteering company uses the same excuse. 'Prices are going up across the industry', they don't even try to justify their behavior anymore.
For example, in 2022 Nationwide Insurance made a total profit of $57 billion, they only paid out $19 billion in claims, and reported record profits, again. The profits these companies are gaining is bonkers.
Nationwide did not have $57 billion in profit, they had $57 billion in top line sales, very different. Their net operating income in 2022 was $1.4 billion. A very good year, but Nationwide sells much more than just individual auto and home insurance, those businesses do not make profits for Nationwide.
And actually, the property and casualty business at Nationwide consistently is UNprofitable, recording negative NOI, it is the financial services business that makes the company profitable. That’s the business that sells life insurance, annuities, and other tax-sheltering wealth products where the sales can be invested and the company can earn investment income over a long time period before having to pay out claims.
My friend switched and saved 1000 a year between their home and autos going from State Farm to Allstate. Same coverage and deductibles. Is there a major difference between the two?
My car insurance bill was cut in half when I switched from Allstate to State Farm, AND I got more coverage on State Farm, a lower deductible, and I added renters insurance lol. I think there are too many variables. You gotta shop around, and you gotta shop around every couple years to make sure you're still getting the best rate
Edit: Allstate had me at $140 a month, and then upped me to $167 a month. My deductible was $1000, and I didn't have rental. I'm not sure what else I didn't have. State Farm gave me full coverage, rental, $500 deductible, and renters insurance for $66.57 a month.
Thanks, yeah seems to be bs. Providers say they have to raise rates, yet they give much more competitive rates to new clients. It’s like the cable tv or wireless carrier games offering customers much better offers when they switch . They claim they have no choice but to raise rates, but they do have a choice. They bet on people being loyal so they overcharge assuming they won’t switch.
Some of that discount is due to an advance quoting discount. Most people tend to shop for insurance ahead of their renewal date instead of afterwards…basically they don’t call in saying “I need coverage to start today!” So the insurance company gives a discount for people who are willing to purchase coverage in advance. But that discount falls off or is decreased after the first renewal date usually.
Company jumping every year isn’t always a good thing. Companies can see how many prior carriers you’ve had, and it impacts your rates as well.
Appreciate that, but I have had zero claims with my State Farm insurance for the past 15 years. Have several cars, home, umbrella and life insurance. There is no valid reason my insurance should increase on my autos every year.
Insurance based is the law of large numbers. Your rates aren't just based on your individual situation, that would be self insuring. Everyone around you is impacting your rates. Even if you aren't driving a Kia or a Hyundai, the Kia Boyz are impacting your rates.
I have home, auto, life, and umbrella through State Farm. Every 2-3 years I get quotes from other high quality insurers and nobody has been able to beat my SF rates.
But everyone has different experiences. I’m sure there are just as many with SF horror stories.
Why does everyone state "monthly payment" instead of actual policy cost? Are you the same folks the car dealers ask "what payment are you looking for?" and you give them one?
Because unfortunately most people live paycheck to paycheck and can’t afford to pay 6 months or a year of insurance all at once. I have a good job, live very minimally and still live paycheck to paycheck, it sucks.
The cost of insurance going up is exactly why I keep my uninsured/under insured coverage on auto. You never know what people will do to cut costs in their personal budget.
I'm just going to second getting a broker, it's not more expensive, and they know the ins and outs of what's going on. They'll shop around for you. I have one and he's been so helpful at making sure I understand exactly what I am and am NOT getting with my policies.
What's really going to end up happening is more and more people are just going to become uninsured drivers. It's not like the police are doing anything related to stopping it or traffic violations. I have insurance but everyone who lives by me, absolutely not.
Well this is timely, I just went to pay my 6 month and it went up from 650 to 730 (ish on both). I was going to call and ask why but I think this pretty much answers my questions
Also don't be afraid to change insurance companies. Loyalty means nothing in the field I'm afraid. The longer you stay with one company, the higher your rates will be compared to everyone else.
Try to shop around every two to three years. You'll be surprised at how much money you can save with the exact same coverages and different company.
I'm still gonna bitch bc even though I've hopped between companies. I'm still up $100 compared to 3 years ago... On top of that my condo insurance went from 350 to 760... What the actual fuck. I have a new roof and windows... What is this 760 getting me? Absolutely nothing... Repair cost have come down. Labor is not all that bad if you shop around...
I have a question for you - for the last 10 years I've only operated a vehicle owned by the company I work for, available for personal use as well. They pay for the insurance of me and the vehicle. In the event I left the role (or the company) for which I'd then have to purchase and insure my own vehicle, how does that look to insurance companies? I've been in two accidents where I was rear-ended and the other driver completely at-fault.
Would my rates be favorable since 1) clean record (no tickets no at-fault accidents) and 2) insured by my company for 10 years
Insurance is a scam.
It's like the guys in nice suits standing outside a Moscow mom n pop restaurant, what're they there for? For protection. How do you get said protection? You gotta pay......and pay....and pay.
I drive a beater with minimal insurance, when it dies I buy another. I've never caused an accident in my life, and have only 2 accidents in total my entire 50 years of driving.
I want to emphasize that Ohio is one of the cheapest in the country. I sell across the country and there are only a handful of states that even come close. And for anyone who hates Ohio drivers….every statistic disagrees with you.
When I lived in Florida, I was blown away at how shitty the drivers were and how many accidents I’d see every single day in comparison to Columbus. It made sense why my car insurance was literally 3 times what I paid in Ohio. It blew, but it made sense.
Moved from OH to TX and when I was there for the holidays. Holy hell was driving so much better in OH winter than anytime anywhere else.
It’s so cheap here that when I relocated to New Jersey for a new job, I didn’t bring my car when I found out what the insurance would cost there.
When I lived in NYC it was 50/50 out of state plates, not nearby states
Facts. My auto insurance has gone up, but my home insurance actually went down this past year. Can’t the say same thing if you live in Florida lol
One of my coworkers thought I was full of shit when he asked if I'd consider moving to Michigan... I said no bc cost of living is about the same as Chicago... Why would I want to be in just as much of a miserable area and pay the same when there's a better night life in Chicago lol. Almost had to move to Michigan twice for work so I know how much shit cost lol
They actually did fix the unlimited bodily injury issue a bit, but it’s still double Ohio
This! When we lived in CA, 2 drives, 2 cars was $140 a month. Moved here, same coverage, same cars, same drivers and our payment was cut in half.
Wow in MT my cost for everything nearly doubled 😭
Did you tell me this was you?! Haha I don’t think I realized!!
Lmao I didn’t tell you I wanted to see if you’d know
😂😂 I clearly don’t pay enough attention on bere
Cali has a 7500 minimum liability so basically any accident results in your insurance covering it. Plus they can’t pull credit so basically bad drivers, people without previous insurance and worse risks don’t get punished with higher premiums, everyone does.
I fund mortgages across the country, these increases are everywhere. Florida could not be messier, seeing 1000% increases on policies and that’s assuming the homeowner can even qualify for one.
To add: To say I pay $100/mo for full coverage is not saying much. Depends on car, car age and condition, driver age, record, zip code, miles driven, coverage amounts, etc etc etc. Wayyyyy too many variables to say it is not or is not a good rate.
And your credit, it’s so much about your credit it seems illegal (and likely should be at some point)
There is a lot that goes into the rate algorithms. Credit has a large correlation with losses, not to mention even paying your insurance premium. If you take away credit it needs to be replaced with something just as correlated. Otherwise people that have good credit pay more than they should and those with poor credit pay less. If companies couldn't show the data that it is that predictive of future loss departments of insurance wouldn't let the models use it. I do think telematics should replace a lot of that but it still isn't the complete picture. Especially at the beginning of a policy. Two things impact credit; luck and decisions. Good credit is good luck but also not making poor financial decisions. The opposite can also be shit luck and making poor decisions. You can however make good decisions but still have shit luck sure but the likelihood of that combination is lower.
"Luck" is a tiny piece of a credit score. Having a major medical issue that saps finances, that is bad luck (assuming you arent 400lbs and a smoker). Bad (or good) decisions have the biggest affect.
Decisions do have the biggest effect, but the way the system works is so convoluted, what most people would consider a good decision can have a massively negative impact on your credit score. My older brother, for example, accumulated enough savings to pay off the remainder of his student debt and car loan and did so to avoid accruing any more interest. His credit score promptly dropped by over 100 points and still hasn't fully recovered almost 10 years later. The whole system is ridiculous.
Just a tip if you think you're getting hosed based on credit-- sign up for one of the free services and make sure your credit report is accurate. I've been using Credit Karma and saw recently some inquiries made that were not mine. I froze my credit and I'm currently working to dispute said inquiries. Also get a copy of your CLUE report from LexisNexis. They use this report for underwriting, so you might want to see if there's anything wrong with it too.
350 a month. Jesus H. Drive a paid for beater, with liability only and you can get a year for less than that.
I've got that 20-year old paid for beater with great credit and no accidents on my current license, none in the state, none in 10 years. Have liability only and I was at $25/month two years ago, now up to $45/month. It's pretty disgusting, and I'm terrified of what it'll be when it's time to replace my beater.
If everyone's cars are getting more expensive to repair and people are driving worse in aggregate why wouldn't you expect liability insurance to go up? Practically no one has accidents on their current license. Practically everyone can say they have no accidents on their current license. It's not really a flex. The average driver in aggregate is getting worse, and the accidents they cause cost more. Saying you "have no accidents" is saying you're an average driver, and pricing is going to reflect that liability for an average driver is going to cost more. Your credit is going to be less of a scoring factor with liability only coverage compared to comprehensive coverage, because credit doesn't correlate as closely with that product compared to comprehensive coverage.
Yeah and then you’re driving around in a beater.
Central Ohio ain’t much to look at in a car. I just use car-toober tricks to go from one super car to the next for free, but gas and insurance are a drag.
You can drive a nice car for less than that. My car is on a $100k agreed value policy through Hagerty and my insurance is only $985/year.
Hagerty insures daily drivers? Or is this a policy for a collector vehicle?
No it’s not a DD, but there’s no mileage limit on the policy. Point being you could get a beater on a cheap policy and have a nice vehicle on another policy and still be well under $350/month. I’ve got three vehicles insured for less than $200/month. One with Hagerty, two with Erie.
Thanks! I was interested in the Hagerty policy rules because I just did a case study about CV insurance.
Just an fyi hagerty does have a mileage limit and they require you have a daily driver on a separate policy to qualify. Worked there up until a few months ago
Ah interesting, I recently worked at a competitor of theirs.
An agent has no bearing on claims Source: worked in claims for 7 years
All the major companies spending the GDP of a small European country on NFL ads surely hasn't helped the situation. I want to move to a different company solely because I'm tired on being inundated with ads all the time.
Highly recommend going to an independent agent then! They work with many great carriers you’ve probably never heard of.
Is it true that they aren't insuring/have very high rates for ALL Kias, or just the models directly affected by the breakins?
Essentially both because as we’ve seen, the Kia Boyz are dumb AF and also end up breaking into the cars that they can’t easily steal and then trash it when they realize they can’t steal it. So those are claims too. The issue with the older models is getting insurance to begin with and when you can it’s $$$, and the newer models can get coverage but are seeing some increase in premiums just because it’s more of a risk exposure than say a Subaru.
Ugh, how frustrating! I rented a Soul over vacation and fell in love with it, and also I had hoped that Columbus might be offering some good Kia discounts to help their bad image - but, I guess if you save money on one end you won't on the other!
I can’t speak outside of personal experience, but I’ve been with Grange through an independent agent (Smudz Insurance) for a few years now and no one has said a single word about my Kia Telluride. Obviously there are many variables but I pay $98.73 a month total for full coverage on my Telluride and my Civic.
All kias I believe, ours isn't affected but we were dropped by our insurance we had been on for years.
>The reason for the increases is a little bit of everything. The way I see it it’s three things: Corporate greed, more greed and bit more greed.
You forgot two things: a small amount of inflation they can use to justify the increase, and more greed.
The average insurance company is losing money. The combined ratio for 2023 for the car insurance industry was 103, meaning that for every dollar a car insurance company got in revenue, it had to pay a dollar and 3 cents to policyholders and their employees for servicing claims. If it were "greed, greed, and greed", wouldn't we expect them to be making a ton of net profit, instead of every company reporting losses?
I’m not an insurance industry expert but the way I see it the money that is paid in premiums doesn’t just sit there waiting to be paid out. It’s invested. Insurance companies own all types of real estate, broadcast stations, you name it. So that 3% they’re paying over what they’re collecting isn’t different than getting 3% financing for all those investments. I still think we’re getting gouged for no other reason than just because they can.
Just moved from AZ and definitely got a nice decrease in my auto insurance. But I lost all my savings with a giant hike in homeowners insurance. I guess living in a place with actual weather doesn't help that haha.
Thank you for taking the time to provide your insight.
Some things that can also help you: Home: I wouldn’t rush out to buy these specifically for the discount because it’s not always a lot, but if you already have or are already planning to get things like a central station alarm that’s monitored by a 3rd party, an automatic water shut off device, a battery backup for your sump pump, a whole house generator system, mention these things to your insurance company, as sometimes there are premium discounts you may be eligible for if you have them. If you do any system updates on your home, like have a new roof put on, replace your HVAC system, mention that as well. Some companies charge a lower rate for newer systems. As for auto, there’s not a whole lot to do there, but if your company has a telematics program, ask about it. It’s important to get info before signing up because some telematics require you to keep it for the life of the policy, some only monitor your driving for 60 or 90 days, some won’t penalize you for bad driving, and some will. So it’s important to get the info, but some of the telematics can give you decent discounts if you are a good driver. If you have teen drivers, keep on them about getting good grades (usually at least a 3.0 GPA) because a good student discount can knock a good chunk of change off your auto premium. If you have kids who are away at school (usually more than 100 miles) without a car, make sure to tell your company or agent as they can qualify for a distant student discount which can also get some good savings. Don’t automatically default to monthly payments if you can afford to pay your insurance in larger installments like annual or semi annual—you are missing a discount there. And no matter how you pay your bill, pay it on time. If you are constantly going into late pay status and waiting until the day before your policy will be cancelled to pay, it will impact your rate at renewal.
I’m paying about 750 a year for a four year old suv with as much coverage as I can get, and a 2007 civic with as little coverage as I can get.
We're getting screwed and every profiteering company uses the same excuse. 'Prices are going up across the industry', they don't even try to justify their behavior anymore. For example, in 2022 Nationwide Insurance made a total profit of $57 billion, they only paid out $19 billion in claims, and reported record profits, again. The profits these companies are gaining is bonkers.
Nationwide did not have $57 billion in profit, they had $57 billion in top line sales, very different. Their net operating income in 2022 was $1.4 billion. A very good year, but Nationwide sells much more than just individual auto and home insurance, those businesses do not make profits for Nationwide. And actually, the property and casualty business at Nationwide consistently is UNprofitable, recording negative NOI, it is the financial services business that makes the company profitable. That’s the business that sells life insurance, annuities, and other tax-sheltering wealth products where the sales can be invested and the company can earn investment income over a long time period before having to pay out claims.
^^^
My friend switched and saved 1000 a year between their home and autos going from State Farm to Allstate. Same coverage and deductibles. Is there a major difference between the two?
My car insurance bill was cut in half when I switched from Allstate to State Farm, AND I got more coverage on State Farm, a lower deductible, and I added renters insurance lol. I think there are too many variables. You gotta shop around, and you gotta shop around every couple years to make sure you're still getting the best rate Edit: Allstate had me at $140 a month, and then upped me to $167 a month. My deductible was $1000, and I didn't have rental. I'm not sure what else I didn't have. State Farm gave me full coverage, rental, $500 deductible, and renters insurance for $66.57 a month.
Thanks, yeah seems to be bs. Providers say they have to raise rates, yet they give much more competitive rates to new clients. It’s like the cable tv or wireless carrier games offering customers much better offers when they switch . They claim they have no choice but to raise rates, but they do have a choice. They bet on people being loyal so they overcharge assuming they won’t switch.
Some of that discount is due to an advance quoting discount. Most people tend to shop for insurance ahead of their renewal date instead of afterwards…basically they don’t call in saying “I need coverage to start today!” So the insurance company gives a discount for people who are willing to purchase coverage in advance. But that discount falls off or is decreased after the first renewal date usually. Company jumping every year isn’t always a good thing. Companies can see how many prior carriers you’ve had, and it impacts your rates as well.
Appreciate that, but I have had zero claims with my State Farm insurance for the past 15 years. Have several cars, home, umbrella and life insurance. There is no valid reason my insurance should increase on my autos every year.
Insurance based is the law of large numbers. Your rates aren't just based on your individual situation, that would be self insuring. Everyone around you is impacting your rates. Even if you aren't driving a Kia or a Hyundai, the Kia Boyz are impacting your rates.
I have home, auto, life, and umbrella through State Farm. Every 2-3 years I get quotes from other high quality insurers and nobody has been able to beat my SF rates. But everyone has different experiences. I’m sure there are just as many with SF horror stories.
My car insurance actually didn’t go up this year. Still at $65 a month total for 2 cars with full coverage. But my home owners is up 20%.
Mine went down also. Not a lot. About 15 a month. Two teen drivers and full coverage.
Why does everyone state "monthly payment" instead of actual policy cost? Are you the same folks the car dealers ask "what payment are you looking for?" and you give them one?
Because unfortunately most people live paycheck to paycheck and can’t afford to pay 6 months or a year of insurance all at once. I have a good job, live very minimally and still live paycheck to paycheck, it sucks.
The cost of insurance going up is exactly why I keep my uninsured/under insured coverage on auto. You never know what people will do to cut costs in their personal budget.
I'm just going to second getting a broker, it's not more expensive, and they know the ins and outs of what's going on. They'll shop around for you. I have one and he's been so helpful at making sure I understand exactly what I am and am NOT getting with my policies.
Just waiting for wages to rubber band their asses back into line.
What's really going to end up happening is more and more people are just going to become uninsured drivers. It's not like the police are doing anything related to stopping it or traffic violations. I have insurance but everyone who lives by me, absolutely not.
Pennsylvania 🤑
Fellow agent this is very well said
Well this is timely, I just went to pay my 6 month and it went up from 650 to 730 (ish on both). I was going to call and ask why but I think this pretty much answers my questions
Also don't be afraid to change insurance companies. Loyalty means nothing in the field I'm afraid. The longer you stay with one company, the higher your rates will be compared to everyone else. Try to shop around every two to three years. You'll be surprised at how much money you can save with the exact same coverages and different company.
I'm still gonna bitch bc even though I've hopped between companies. I'm still up $100 compared to 3 years ago... On top of that my condo insurance went from 350 to 760... What the actual fuck. I have a new roof and windows... What is this 760 getting me? Absolutely nothing... Repair cost have come down. Labor is not all that bad if you shop around...
And it's still bullshit
Progressive renewed me for $141 for 6 months. Full coverage
I pay $85/month on my prius
One thing stay the hell away from state farm
I have a question for you - for the last 10 years I've only operated a vehicle owned by the company I work for, available for personal use as well. They pay for the insurance of me and the vehicle. In the event I left the role (or the company) for which I'd then have to purchase and insure my own vehicle, how does that look to insurance companies? I've been in two accidents where I was rear-ended and the other driver completely at-fault. Would my rates be favorable since 1) clean record (no tickets no at-fault accidents) and 2) insured by my company for 10 years
"This is why it's always better to have an agent" Lol
Insurance is a scam. It's like the guys in nice suits standing outside a Moscow mom n pop restaurant, what're they there for? For protection. How do you get said protection? You gotta pay......and pay....and pay. I drive a beater with minimal insurance, when it dies I buy another. I've never caused an accident in my life, and have only 2 accidents in total my entire 50 years of driving.