Anybody get SCREWED with their auto insurance rates lately?

[Blmpkn]

October is my renewal month. Opened up my bill or whatever yesterday and was initially greeted with "Hey buddy, thanks for being a customer for 8 years!" Then I got kicked in the nuts with a SIX THOUSAND DOLLAR BILL for 2026

Quite literally doubled. They want 4k for just the Bronco now..

I DID get a speeding ticket early summer of last year, but I already experienced THAT rate increase.. over 10% for that one..

Needless to say.. I'm going down to my local insurance agent ASAP to shop for a better rate. Hanover can suck it.

I remember a thread from awhile back moaning about house insurance increases.. anyone else get screwed on their auto policy's?

 

[lil_Blue_Ford]

Insurance rates have been ticking up in the last year…

That’s still a heck of a jump in price though. Loyalty means absolutely nothing to insurance companies so every time I feel like I’m getting screwed, I go through the hassle of looking for a better deal. Finally went with a local independent insurance broker that takes care of all that for me.

 

[sgtsandman]

Not yet on either home or auto insurance. I've been waiting for that shoe to drop. Now property taxes, we got bent over a barrel by both the township and the county.

The price you quoted before the rate increase was insane to begin with, nevermind the amount of increase. I would have to look at the numbers but I don't think my insurance amounts to half of that, even when adding home and full coverage auto policies together.

 

[Shran]

IIRC I am paying about $1000/year for auto (liability on 7 and full coverage on 1) and $1600 for homeowners. Auto has not changed much over the past few years. Homeowners is up and down, I have to switch companies every few years when their shareholders decide they need me to pay their dividend.

 

[Blmpkn]

Insurance rates have been ticking up in the last year…

That’s still a heck of a jump in price though. Loyalty means absolutely nothing to insurance companies so every time I feel like I’m getting screwed, I go through the hassle of looking for a better deal. Finally went with a local independent insurance broker that takes care of all that for me.

I've always gone through a local agent, definitely makes the process much easier.

Not yet on either home or auto insurance. I've been waiting for that shoe to drop. Now property taxes, we got bent over a barrel by both the township and the county.

The price you quoted before the rate increase was insane to begin with, nevermind the amount of increase. I would have to look at the numbers but I don't think my insurance amounts to half of that, even when adding home and full coverage auto policies together.

Man.. I thought it was pretty high to begin with but I was still thinking somewhat reasonable considering the ticket. Now it's undeniably outrageous..

I could remove the ranger from my policy and save 1200.. removing glass coverage would be another 800.. I had no idea I was paying that much for glass.. just to never use it. I could replace 2 windshields a year paying out of pocket and still be under 800 bucks lol. Also forgot I had my ex fiance as a driver on my policy.. removing her might drop it down a little more..

IIRC I am paying about $1000/year for auto (liability on 7 and full coverage on 1) and $1600 for homeowners. Auto has not changed much over the past few years. Homeowners is up and down, I have to switch companies every few years when their shareholders decide they need me to pay their dividend.

Those are some cheap policies.. lucky.

The 6k they just told me it was gonna cost me next year is literally more than I paid as a teenager who totaled a vehicle, bought a red turbo car as a replacement, and then got a ticket for 20 over the limit in said red turbo car.

What the actual F.. seriously baffled.

 

[bobbywalter]

yeah....8-12 k depending on what we have going on ...

i have 5 grown kids and we pool the vehicles.with 4 of them and Michigan is the no fault state or....like the government...just legalized theft.

 

[bobbywalter]

ranger, b2, 350 z, 24 pb150 long, edge traverse....25 f150 pb short...24 Pacifica ...and some bikes. 4 full coverage....the rest are shit out of luck.

 

[JoshT]

Yep. The company ID been with for years kept going up. In April they were going to hit me for like $1600, comp only on three 15+ year old vehicles for 6 months. Switching got it to less than $500. About the same for renewal next month.

Not sure what it will actually end up being because vehicles and coverage will be changing. Inheriting dad 21 F-150 with about 18k and going to keep full coverage for at least as long as the warranty is still valid. So I'll be adding that, but also dropping the F-250. Hoping that it stays in the $600 range, but we'll see

 

[sgtsandman]

I looked through my insurance paperwork, I'm paying $809 for home owner's and $1,600 for both truck with full coverage. Both are for a year. Though, with the age of the 2011, it might be time to drop coverage. I'll have to look to see how much it is worth as to whether it's worth keeping collision and comprehensive on it anymore.

 

[scotts90ranger]

I just paid $1040 for 6 months for 6 vehicles and 2 drivers... it's gone up about $100/term over the last 2 years...

 

[John97]

$5200/year for three drivers with three vehicles - two SUVs and a truck, all 2017 or newer - comprehensive coverage. No accidents, tickets, etc.

 

[Bill]

Oh yeah! It almost doubled. I tried getting other quotes and many insurance companies will not write policies in the area I live in and I'm in a low-risk area for fire and flooding. After researching what the potential causes could be I found some information that the area I'm in is one of the highest in the State for theft of Kias, Hyndais, and other vehicles that have security systems that are easy to bypass. Nobody touches Rangers here. That means I should get a discount.

 

[ekrampitzjr]

Blmpkin, insurance companies are known to jack up rates when they want to leave a US state. The idea is to force policy holders to get a policy elsewhere so the company can simply stop serving that state. The same thing has happened with homeowners' insurance in Florida and some other states.

I'm with State Farm with full coverage on my 2011 Ranger and pay just under $500 every 6 months. My rate shot up about 50% a few years ago, even though my driving record is clean, but so did everyone else's. Even the employees at my insurance agent's office were complaining about the hikes. I had claims last year, but that was after the increase, and the claims made little difference. Rates have been steady this year.

If you drop collision, which pays for damage that is your fault, still keep comprehensive. It's usually cheap. That covers not just glass, but also the likes of animal, fire, and flood damage that isn't your fault. Hitting a deer falls under comprehensive. Bambi can do a surprising amount of damage.

 

[lil_Blue_Ford]

Some insurance companies have glass coverage as an add-on to comprehensive coverage instead of included in so you have to watch that.

Also, if it’s offered in your state, you want full tort option (helps if you’re ever in a legal battle after an accident, especially if it’s not your fault), and if you have multiple vehicles, stacked coverage (say you have 100k bodily injury per vehicle, when stacked with 3 vehicles that’s $300k that can be settled for, the exact specifics of how stacked coverage works seem to vary, but it basically compounds how things are covered if you ever need it).

I get that none of us really want to smash up our trucks, but we don’t have much control over what others do on the roads. As someone who’s been on the receiving end more times than I’d like (I would have preferred zero), yeah. I’ll advocate making sure your backside has a nice bit of armor protecting it. Insurance companies like to get off cheap and attorneys aren’t interested if you don’t have decent coverage. I’m not advocating trying to take advantage of the system, that’s illegal and they do pursue that, but don’t be bashful about holding to what is right if you’re ever in a crash. Not like you haven’t paid enough for the service. When my hip got messed up, the first offer insurance put up was less than the cost of the surgery I had…

 

[John97]

Some insurance companies have glass coverage as an add-on to comprehensive coverage instead of included in so you have to watch that.

That's one good thing about insurance in FL. Windshield glass coverage is zero-deductable mandatory part of comprehensive.