What makes auto insurance fees go up?

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Q

Qacer

Platinum Member
Apr 5, 2001
2,721
1
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I'm curious. My 6-month auto insurance policy is $128 more than last year's. I still have the same cars and they are still in the same shape as last year (besides normal wear and tear). I thought I was supposed to save money with Progressive, but what's the deal yo?

Is that normal? I don't remember seeing my premium go up by more than $100 when I had State Farm.
 
Arkaign

Arkaign

Lifer
Oct 27, 2006
20,736
1,379
126
crazy-driver-dog.jpg


^^ It's because you let your dog drive your mini F1 car, that's why.
 
Q

Qacer

Platinum Member
Apr 5, 2001
2,721
1
91
That car is definitely nicer than what I drive now, but my 90s Corolla is still chugging.
 
Newbian

Newbian

Lifer
Aug 24, 2008
24,779
882
126
How many people have you ran over?

Silly question but have you asked them?
 
M

mizzou

Diamond Member
Jan 2, 2008
9,734
54
91
your own personal risk, and most importantly, the regional risk

tell your friends to stop tailgating and / or frying chickens in their garage

$EDIT on a side note, I have had state farm for 13 years, and I not once remember rates going up. Only time my wife, who also has state farm, had increased rates was when she got in an accident on her own policy. but that was meager

I've only saved and saved and saved, the problem is that state farm is very expensive to start into but once you get older and stay with them they get much cheaper
 
Q

Qacer

Platinum Member
Apr 5, 2001
2,721
1
91
I was a State Farm customer for more than 5 years, but I started looking at Progressive and for the same amount that I paid I could get more coverage. I did give State Farm a chance to match what Progressive had to offer me, but they couldn't.
 
Mike Gayner

Mike Gayner

Diamond Member
Jan 5, 2007
6,175
3
0
Auto insurance is a scam. Be willing to pay for accidents out of pocket and you'll wind up better off.
 
M

mizzou

Diamond Member
Jan 2, 2008
9,734
54
91
Qacer said:
I was a State Farm customer for more than 5 years, but I started looking at Progressive and for the same amount that I paid I could get more coverage. I did give State Farm a chance to match what Progressive had to offer me, but they couldn't.
Click to expand...

I agree that there is NO reason to be loyal to a certain insurance company................unless you got an agent that you are "IN" with, that means he gets you stuff you normally couldn't through any run of the mill agent.

Then again, no premium is equal. You can't just itemize the few lines, there are lots of things that don't match up. If you do your research and it really is better, then definitly switch
 
Mike Gayner

Mike Gayner

Diamond Member
Jan 5, 2007
6,175
3
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mizzou said:
sure, but the problem is we are sometimes negligent and nobodies pockets are big enough to kick lawsuits
Click to expand...

Yeah I suppose it's different over there. I don't live in an overly litigious society - if you're in an accident here your liability extends only as far as the damage done to the cars.
 
Q

Qacer

Platinum Member
Apr 5, 2001
2,721
1
91
Mike Gayner said:
Auto insurance is a scam. Be willing to pay for accidents out of pocket and you'll wind up better off.
Click to expand...

It's not the car damage that I'm worried. It's the bodily injury that gets expensive.

A lady rear-ended me last year. She hit the car pretty hard. I got out and saw that her Kia's hood popped out. I looked at the back of the Corolla, and it was just a dent; visible, but small. I asked if she was okay, and she nodded her head while holding the phone to her ear. I figured it's just minor damage on my car, so I told her to drive safe and drove off.

I should have at least exchange info because a few days later my neck started hurting. Anyway, it seemed to have gone away, so hopefully, that was just temporary.

I don't want to be in this lady's position and have someone go after me for bodily injury.
 
Gibson486

Gibson486

Lifer
Aug 9, 2000
18,378
2
0
Just because you do not get into accidents does not mean your rate will not go up. There is a direct rate hike, which are tickets and accidents, and non-direct rate hikes. Non direct hikes are when people in your area, or age group, or whatever group they categorize you in do stuff to make their rate go up. See, insurance is the business of probability. They pay those math majors big bucks to find correlations between certain groups and claims. If you get categorized to a group of people that filed claims (ie, teh insurance company had to pay out money to them), you will likely get a rate hike even if you were claim or ticket free.
 
T

TruePaige

Diamond Member
Oct 22, 2006
9,874
2
0
Shop around every 6 months or so. My rates dropped $200/six months last time I switched companies.
 
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