[2ndAmend]

Just received the renewal!!!! Anyone else seeing this?!?!?

My first thought was all the thefts were driving up the rate but upon further review:

Other than collision: up 1.3%
Collision: up 52%

No tickets in over 30 years, no claims in over 35 years! Are there that many guys out there wrecking these causing my rates to skyrocket?!?!

 

[Blickie]

Just received the renewal!!!! Anyone else seeing this?!?!?

My first thought was all the thefts were driving up the rate but upon further review:

Other than collision: up 1.3%
Collision: up 52%

No tickets in over 30 years, no claims in over 35 years! Are there that many guys out there wrecking these causing my rates to skyrocket?!?!

Yeah, State Farm did same 30% increase as well after 40 years with them; went to Erie Insurance. No tickets, no accidents, no claims other that a windshield and 40 years of loyalty.... all of that meant nothing.

 

[jakelind707]

Just received the renewal!!!! Anyone else seeing this?!?!?

My first thought was all the thefts were driving up the rate but upon further review:

Other than collision: up 1.3%
Collision: up 52%

No tickets in over 30 years, no claims in over 35 years! Are there that many guys out there wrecking these causing my rates to skyrocket?!?!

Time to move to Travelers like me. Statefarm is digging their own grave by being a financial institution on the side, and they're increasing rates on those who have no necessity to have it raised in order to generate revenue for their loans and financial side. An insurance company shouldn't be a conglomerate of wealth it should be a f'ing insurance company. I left them years ago and only carry my life insurance through then cus it's a lifetime plan locked rate when I was 17.

Statefarm is shit, and my names Jake so that's saying a LOT as it's where I am from.

Get a good local broker and have them shop you. I have had travelers for a few years now and they're the best bang for buck local to me.

 

[2ndAmend]

For the record, my 36% increase is with a smaller co, I agree with using an independent. I sent an email to the broker to ask what's up.

Also, I dumped SF 20 years ago because they tried to screw me when another SF insured caused an accident. The dope actually said to the cop that he was not speeding, he was "doing 40, tops!" The cop calmly said the limit is 25...

 

[SavageKat]

Progressive pulled the same to me although I’m not sure of the percentage but it was enough to be alarmed. I switched back to USAA and now have it cheaper than I started with Progressive, I guess I should’ve started out with them instead of using the first thing that DuckDuckGo pulled up while I was at the stealer-ship.

 

[2ndAmend]

...while I was at the stealer-ship.

I'm not sure if that is a typo but, LOL!

Edit: Was that a Used Car Stealer-ship?

 

[SavageKat]

Definitely intentional.

I’ve been attempting to find 3 trucks for work this past week, the exact same spec, all new and have 3 totally different quotes that fluctuate by $18,000.

 

[qwk93ta]

Just received the renewal!!!! Anyone else seeing this?!?!?

My first thought was all the thefts were driving up the rate but upon further review:

Other than collision: up 1.3%
Collision: up 52%

No tickets in over 30 years, no claims in over 35 years! Are there that many guys out there wrecking these causing my rates to skyrocket?!?!

Theft losses are covered under other than collision. just shop your ins. i’m with Westfield and i paid $500 a year for my 15 HC with a stated amount of $50k, $500 deds and $500k csl. not sure what my 21 HC will cost when i get it in a few weeks.

 

[Aaron27]

And to think that I was pissed about a 7% increase. You have made me feel a bit better. I still feel my rates are good compared to friends that have lesser cars, so I didn't think about chasing another insurer, now I'm glad I didn't spend my time doing so. I guess its more about the dollars we spend than the increase we see. I'd rather pay $700/ yr with a 7% increase than $1000/ yr with a 10% DECREASE.

 

[2ndAmend]

The HC is the first car I bought in over 15 years and every year I have been watching the insu go down as the cars get older. This is the first time I have ever seen rates go up on any, not to mention on all three! Maybe the old Jeep value is up 15%, maybe the old truck value is up 26%, but if the HC is up 36% (or 52% depending on how you read the policy), please send me the buyer!

 

[frictioncircle]

Theft losses are covered under other than collision. just shop your ins. i’m with Westfield and i paid $500 a year for my 15 HC with a stated amount of $50k, $500 deds and $500k csl. not sure what my 21 HC will cost when i get it in a few weeks.

You don't see too many folks with smaller companies like westfield, I'm a satisfied customer..never heard of them until my broker suggested them.

 

[G3SRT]

just another chapter from the plan to make muscle car owners to sell them. they want everyone driving the safe teslas (until they blow up, of course).

 

[Vet Rider]

Progressive did this to us last week. We called up Geico and switched and saved ourselves $50 a month. You are not married to your car insurance carrier. Its almost in your best interest to switch at every renewal. They will tell you its industry wide, but those big rate increases are from small or greedy companies. The bigger firms dont always need to do these rate increases.

 

[Ron b]

Hmm that's strange have had State farm for as long as I can remember and just got my renewal on my SPS and 4Runner TRD Pro and both went down a litte.

The new Red-eye was Cheaper by $19 vs my 2019 HC.

It may be your Agent doing it, I know they are all independent contractors of sorts, we have 2 in our area now and I was switched automatically to the new guy when State farm added him because of population growth.

I received a welcome letter from the new office as well as a rate increase, lol. I called the State farm main office and told them that I don't want to be transferred to the new guy and told them I would leave if I wasn't transferred back to my original agent I would leave State farm all together. I was switched back to my original agent and the rate increase magically disappeared.

The main reason I like State Farm is that they are one of the last companies that still guarantee using New OEM parts for any damage to your vehicle, and that alone is reason enough to stay.

 

[Germansheperd]

Just received the renewal!!!! Anyone else seeing this?!?!?

My first thought was all the thefts were driving up the rate but upon further review:

Other than collision: up 1.3%
Collision: up 52%

No tickets in over 30 years, no claims in over 35 years! Are there that many guys out there wrecking these causing my rates to skyrocket?!?!

Yes. Scat Pack/Hellcat Chargers/Challengers are one highest stolen cars with the highest crash rates therefore the car is ‘rated’ higher.
The rating on the car effects the premium just as much and the driver. So get on YouTube and watch the crashes and for everyone you see you can thank for the uptick in premium.

 

[2ndAmend]

Update:

My agent checked with the underwriter, seems that not only did the Challenger get a new "collision symbol", but since I have been a loyal customer for 5 years, I lose my new customer discount. My independent agent found another (more "sports car" friendly) company that has lower rates than what I paid last year. The Umbrella also went down, but the homeowners is up slightly, but the total is 10% less than last year.

People who just simply pay their bills without checking are great for profits!

 

[G3SRT]

Update:

My agent checked with the underwriter, seems that not only did the Challenger get a new "collision symbol", but since I have been a loyal customer for 5 years, I lose my new customer discount. My independent agent found another (more "sports car" friendly) company that has lower rates than what I paid last year. The Umbrella also went down, but the homeowners is up slightly, but the total is 10% less than last year.

People who just simply pay their bills without checking are great for profits!

would be interested to know the sports car friendlier company, as my renewal is up next month and am afraid they will pull the same crap.

 

[Blickie]

Suggest calling your local Independent Agent and shop Erie Insurance while you are shopping...

 

[Ron b]

Man that sucks, just make sure whoever you go to will guarantee OE parts for repairs, don't want crap aftermarket knockoff parts in case of an accident.

 

[2ndAmend]

would be interested to know the sports car friendlier company, as my renewal is up next month and am afraid they will pull the same crap.

Suggest calling your local Independent Agent and shop Erie Insurance while you are shopping...

Definitely. Independents can find a company that fits your profile. And if you don't like what you hear, go to a different independent, some can be really lazy. I went through several really bad ones and a friend recommended this one and I have been there for maybe 10 years and they now have all our personal and business insu. They are in state but not really local, physical location is not important.