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Auto Insurance Increase - 30%
#8695217
09/25/22 06:43 AM
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Joined: Aug 2012
Posts: 2,775
nak
OP
Veteran Tracker
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OP
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Joined: Aug 2012
Posts: 2,775 |
Geico. We have Auto, Home, and Umbrella polies with them.
Got a notice today that my auto coverage is increasing 29.8%, an increase of slightly over $500\year
No Tickets. No new accidents (one fender bender 3 years ago)
We are in Springtown. A buddy in Ft Worth got a notice of a similar increase notice today.
I have been on the phone and internet for 3 hours getting quotes. State Farm is within $10 of the same amount. Several others a lot higher.
Anybody else seeing this kind of increase?
We all need to practice Whoa more.
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Re: Auto Insurance Increase - 30%
[Re: nak]
#8695225
09/25/22 10:21 AM
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Joined: Dec 2013
Posts: 6,898
GasGuzzler
THF Trophy Hunter
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Joined: Dec 2013
Posts: 6,898 |
I have had State Farm all my adult and married life. It has not yet gone up like every other recurring payment bill I have.
I expect it to.
I pay $2400 per year for full coverage on four vehicles with two drivers that are 20/under.
I have Home Insurance through them too. They have a discount for holding multiple policies.
Pass the gravy.
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Re: Auto Insurance Increase - 30%
[Re: GasGuzzler]
#8695227
09/25/22 10:40 AM
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Joined: Oct 2009
Posts: 12,203
wp75169
THF Celebrity
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THF Celebrity
Joined: Oct 2009
Posts: 12,203 |
I have had State Farm all my adult and married life. It has not yet gone up like every other recurring payment bill I have.
I expect it to.
I pay $2400 per year for full coverage on four vehicles with two drivers that are 20/under.
I have Home Insurance through them too. They have a discount for holding multiple policies. That’s a good bit cheaper than I’m paying Farm Bureau for three vehicles and three people with one young driver. Of course I totaled a car on a deer a couple of years ago and the wife new car just got hail damage they had to pay on.
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Re: Auto Insurance Increase - 30%
[Re: GasGuzzler]
#8695232
09/25/22 11:12 AM
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Joined: Sep 2004
Posts: 12,391
RedRanger
THF Celebrity
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Joined: Sep 2004
Posts: 12,391 |
I have had State Farm all my adult and married life. It has not yet gone up like every other recurring payment bill I have.
I expect it to.
I pay $2400 per year for full coverage on four vehicles with two drivers that are 20/under.
I have Home Insurance through them too. They have a discount for holding multiple policies. Those Discounts add up big time on State Farm
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Re: Auto Insurance Increase - 30%
[Re: nak]
#8695247
09/25/22 11:51 AM
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Joined: Feb 2010
Posts: 7,250
jhenderson
THF Trophy Hunter
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Joined: Feb 2010
Posts: 7,250 |
Same. Worst part shopped around and they were still cheaper than anyone else. Mine was about 33% increase maybe slightly more.
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Re: Auto Insurance Increase - 30%
[Re: GasGuzzler]
#8695257
09/25/22 12:22 PM
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Joined: Jul 2019
Posts: 14,149
Hudbone
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Posts: 14,149 |
It's getting downright crazy right now. Downright crazy. I pay $2400 per year for full coverage on four vehicles with two drivers that are 20/under.. I ain't never seen anything like this, but I do gets surprised from time to time. State Farm auto policy terms are 6 months and I have seen confusion before.
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Re: Auto Insurance Increase - 30%
[Re: Hudbone]
#8695264
09/25/22 12:31 PM
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Joined: Sep 2004
Posts: 12,391
RedRanger
THF Celebrity
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THF Celebrity
Joined: Sep 2004
Posts: 12,391 |
It's getting downright crazy right now. Downright crazy. I pay $2400 per year for full coverage on four vehicles with two drivers that are 20/under.. I ain't never seen anything like this, but I do gets surprised from time to time. State Farm auto policy terms are 6 months and I have seen confusion before. I get the same rates from State Farm They are 6 months policy full coverage I pay a little over $600 per year full coverage with uninsurered motorist on my new vehicles Older vehicles liability only it's like $400 per year I get all the discounts they offer.
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Re: Auto Insurance Increase - 30%
[Re: nak]
#8695266
09/25/22 12:34 PM
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Joined: Jan 2007
Posts: 15,476
reeltexan
THF Celebrity
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Joined: Jan 2007
Posts: 15,476 |
The big increases coming up are home owners. Replacement cost on materials and labor is driving some big increases.
Always ask your agent for his quote every year on all insurance. If you're not shopping it, my guess is you're paying too much.
"Give me an Army of West Point graduates and I'll win a battle... Give me a handful of Texas Aggies and I'll win a war." - General Patton
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Re: Auto Insurance Increase - 30%
[Re: nak]
#8695267
09/25/22 12:36 PM
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Joined: Oct 2008
Posts: 15,171
Tbar
THF Celebrity
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THF Celebrity
Joined: Oct 2008
Posts: 15,171 |
Kick those youngsters off your policy and let them get their own.
When our kids were dependents we paid for their gas but made them pay for their insurance.
Make America Great Again
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Re: Auto Insurance Increase - 30%
[Re: RedRanger]
#8695268
09/25/22 12:37 PM
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Joined: Jul 2019
Posts: 14,149
Hudbone
THF Celebrity
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Joined: Jul 2019
Posts: 14,149 |
I pay $2400 per year for full coverage on four vehicles with two drivers that are 20/under.. I ain't never seen anything like this, but I do gets surprised from time to time. State Farm auto policy terms are 6 months and I have seen confusion before. I get the same rates from State Farm They are 6 months policy full coverage I pay a little over $600 per year full coverage with uninsurered motorist on my new vehicles Older vehicles liability only it's like $400 per year I get all the discounts they offer. [/quote] Do you have two drivers under 20?
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Re: Auto Insurance Increase - 30%
[Re: nak]
#8695339
09/25/22 02:11 PM
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Joined: Oct 2008
Posts: 16,732
68rustbucket
THF Celebrity
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Joined: Oct 2008
Posts: 16,732 |
My autos on State Farm went up 10% on last 2 renewal notices. No young drivers, but did have a hail claim last year.
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Re: Auto Insurance Increase - 30%
[Re: nak]
#8695341
09/25/22 02:13 PM
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Joined: Dec 2009
Posts: 9,808
The Dude Abides
THF Trophy Hunter
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Joined: Dec 2009
Posts: 9,808 |
Inflation and crazy drivers. That's what YOU'RE paying for. You're not paying for YOUR history for the most part.
I am still looking for the perfect apron, one with reinforced knee areas would be perfect.
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Re: Auto Insurance Increase - 30%
[Re: nak]
#8695355
09/25/22 02:37 PM
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Joined: Jul 2019
Posts: 14,149
Hudbone
THF Celebrity
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Joined: Jul 2019
Posts: 14,149 |
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Re: Auto Insurance Increase - 30%
[Re: The Dude Abides]
#8695390
09/25/22 03:16 PM
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Joined: Aug 2012
Posts: 2,775
nak
OP
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OP
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Joined: Aug 2012
Posts: 2,775 |
Inflation and crazy drivers. That's what YOU'RE paying for. You're not paying for YOUR history for the most part. Yep. Home owners went up due to unprepared idiots that made conscious decisions to buy new cars, boats, and take big vacations, instead of spending a grand to be minimally prepared for a winter storm. They hauled [censored] to hotels and friends the minute the power went out, not even bothering to do the minimums, like turn the water off. Dogs that are known to be aggressive allowed to run free and bite neighbors. Automotive goes up because of claims for hail damage, stolen catalytic converters, and breakins for cars in the driveway or on street, while garages sit unusable because they are filled with mostly useless crap. Texting while driving and drivers that are generally idiots. Oh...I got a parking lot ding...I'm filing a claim.
We all need to practice Whoa more.
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Re: Auto Insurance Increase - 30%
[Re: reeltexan]
#8695396
09/25/22 03:25 PM
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Joined: Sep 2013
Posts: 483
Uncle Zeek
Bird Dog
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Bird Dog
Joined: Sep 2013
Posts: 483 |
The big increases coming up are home owners. Replacement cost on materials and labor is driving some big increases.
Always ask your agent for his quote every year on all insurance. If you're not shopping it, my guess is you're paying too much.
Yup. My homeowners ins went from $2,600 to $3,800 a year. My truck ins went up 'only' $100 for the year. bleh
"Decency is not news; it is buried in the obituaries - but it is a force stronger than crime" ~ Robert A. Heinlein Artim Law Firm, PLLC Estate, probate & taxes 2250 Morriss Road, Suite 205, Flower Mound, Texas 75028 972-746-0758 work zac@artimlegal.com
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Re: Auto Insurance Increase - 30%
[Re: nak]
#8695413
09/25/22 03:44 PM
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Joined: Feb 2012
Posts: 9,715
Mickey Moose
THF Trophy Hunter
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Joined: Feb 2012
Posts: 9,715 |
I'm sure the red light runners have an impact on this. I've noticed for a while now they are getting way worse.
My botnet is bigger than yours.
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Re: Auto Insurance Increase - 30%
[Re: nak]
#8695441
09/25/22 04:29 PM
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Joined: Dec 2020
Posts: 1,421
Sewer rat
Pro Tracker
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Pro Tracker
Joined: Dec 2020
Posts: 1,421 |
Vehicles cost at least 30% more than they did. If you crash the insurance is paying for your vehicle or someone else’s. A 30% increase doesn’t seem unreasonable. Their potential loss or exposure has gone up and they are charging accordingly.
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Re: Auto Insurance Increase - 30%
[Re: Sewer rat]
#8695442
09/25/22 04:33 PM
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Joined: Sep 2012
Posts: 15,959
Jimbo1
THF Celebrity
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THF Celebrity
Joined: Sep 2012
Posts: 15,959 |
Vehicles cost at least 30% more than they did. If you crash the insurance is paying for your vehicle or someone else’s. A 30% increase doesn’t seem unreasonable. Their potential loss or exposure has gone up and they are charging accordingly. Yes, the current state minimum coverage won't pay for new vehicle now. Check your coverage.
FJB - Lets Go Brandon BBB - Bring Back Better Awake - Not Woke!
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Re: Auto Insurance Increase - 30%
[Re: GasGuzzler]
#8695448
09/25/22 04:43 PM
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Joined: Mar 2013
Posts: 5,038
jetdad
THF Trophy Hunter
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THF Trophy Hunter
Joined: Mar 2013
Posts: 5,038 |
I have had State Farm all my adult and married life. It has not yet gone up like every other recurring payment bill I have.
I expect it to.
I pay $2400 per year for full coverage on four vehicles with two drivers that are 20/under.
I have Home Insurance through them too. They have a discount for holding multiple policies. Will you share your agent's name? PM me if you don't want it out on the forum. My homeowners and auto both went up. I don't like having to manage my coverage to keep my cost down. Thanks.
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Re: Auto Insurance Increase - 30%
[Re: nak]
#8695459
09/25/22 04:54 PM
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Joined: Jan 2007
Posts: 26,184
KRoyal
Texoma Legend
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Texoma Legend
Joined: Jan 2007
Posts: 26,184 |
Mine jumped big time this year. Home owners not as bad but autos jumped up $90 a month or $1080 for the year. I’m with Farmers. No accidents and no claims no young drivers. We do have $500 for collision and $50 for comprehensive. Almost no insurance companies will do that cheap of a deductible these days.
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Re: Auto Insurance Increase - 30%
[Re: nak]
#8695464
09/25/22 05:05 PM
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Joined: Jul 2005
Posts: 3,309
Stump_jumper
Veteran Tracker
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Joined: Jul 2005
Posts: 3,309 |
I got a lower quote on auto from Allstate but a little higher on the house. My agent did a rerate on my auto based on my perfect credit score. Auto and homeowners combined went up $3/month. I was thinking maybe I had been paying too much on the auto but I get quotes at least every other year. My credit score has been over 800 for as long as I can remember.
2017 Tundra 5.7 CM 4x4 2006 Champion 2200 Bay Boat
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Re: Auto Insurance Increase - 30%
[Re: nak]
#8695949
09/26/22 01:30 PM
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Joined: Apr 2008
Posts: 4,531
TPACK
Extreme Tracker
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Extreme Tracker
Joined: Apr 2008
Posts: 4,531 |
I’m leaving Germania and going with Safeco. Germania went up 35% on home and auto. Screw em.😡
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Re: Auto Insurance Increase - 30%
[Re: nak]
#8695954
09/26/22 01:34 PM
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Joined: Jun 2015
Posts: 5,918
Jgraider
THF Trophy Hunter
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THF Trophy Hunter
Joined: Jun 2015
Posts: 5,918 |
I just left Germania as well for the same reason.
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Re: Auto Insurance Increase - 30%
[Re: nak]
#8695964
09/26/22 01:50 PM
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Joined: Jan 2013
Posts: 2,740
Gringo Bling
Veteran Tracker
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Veteran Tracker
Joined: Jan 2013
Posts: 2,740 |
Geico. We have Auto, Home, and Umbrella polies with them.
Got a notice today that my auto coverage is increasing 29.8%, an increase of slightly over $500\year
No Tickets. No new accidents (one fender bender 3 years ago)
We are in Springtown. A buddy in Ft Worth got a notice of a similar increase notice today.
I have been on the phone and internet for 3 hours getting quotes. State Farm is within $10 of the same amount. Several others a lot higher.
Anybody else seeing this kind of increase? My Geico policy was up for renewal at the beginning of this month. We had no claims or new vehicles and I keep the deductible at $1000 on 3 vehicles. Yet, our renewal was 45% higher! I called Geico and got them to walk it all the way back to the prior levels. That included signing up for that safe driver app, which I've got to say sucks. If you open your phone for anything while driving, it's tracking you and dings your "score". Just last week, I turned off the tracking feature on the apps and got a notice that Geico is removing that 10% discount from my policy. Maybe I'll figure out a way to add it again in the future, but that's not worth 10%.
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Re: Auto Insurance Increase - 30%
[Re: nak]
#8695967
09/26/22 01:53 PM
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Joined: Sep 2012
Posts: 15,959
Jimbo1
THF Celebrity
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THF Celebrity
Joined: Sep 2012
Posts: 15,959 |
I'm leaving Allstate after 25 years. Most likely going with USAA for better coverage and lower cost. Been in talks, probably finalize this week.
FJB - Lets Go Brandon BBB - Bring Back Better Awake - Not Woke!
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