My car insurance keeps rising. Anyone else experiencing this? If not, I will start getting some quotes.
car insurance rates depends on local and also national accident/theft rates. my insurance has been slightly rising for 2 years but this year, it dropped. the many different prices that are offered by different companies, is the result of how the companies are located. for example, a local only insurance company will be able to charger you lower than the big company like geico.
[QUOTEThe ="Okinawa, post: 2063324, member: 119999"]My car insurance keeps rising. Anyone else experiencing this? If not, I will start getting some quotes.[/QUOTE] Insurance rates depend on primarily 2 things: 1. the cost of repairs Insurance rates depend primarily on 2 things: 1. cost of repairs. With the crush controlled chassis designs required there are more cars totalled than repaired. huge cost increases 2. your driving record: more tickets, more driving, higher rates. The first is a significant cost increase. Sure it should lower medical and hospital costs but so far not so.
I recently went through the process, quoting with 8 companies. If you have a good credit rating/credit score, and they don't ask about it, make sure you mention it. While I was negotiating to get my AAA car insurance cost down, they brought that up as if it was a new option to consider. After checking my credit, they lowered the quote by 15%. A big savings. But they still weren't the cheapest. Travelers gave me the best rate.
Insurance rates depend on primarily 2 things: 1. the cost of repairs Insurance rates depend primarily on 2 things: 1. cost of repairs. With the crush controlled chassis designs required there are more cars totalled than repaired. huge cost increases 2. your driving record: more tickets, more driving, higher rates. The first is a significant cost increase. Sure it should lower medical and hospital costs but so far not so.[/QUOTE] I know all of that. I have no tickets or accidents but my insurance rates keep going up. I just thought if a couple of people on this Forum would tell me if their's is rising for no reason then if they are I would not have to go through the hassle of getting quotes so I'll just go ahead and get the quotes.
Thanks for the info. I have USAA. About 3 years ago I switched from State Farm to USAA and at that time USAA was much cheaper. Since I switched to USAA it has been rising with every renewal. My driving record has not changed nor I have I had any accidents. I'll just shop around. I was just wondering if all other insurance companies are raising their rates as well. I imagine they are. They are all in bed together.
I was with AIG for many years. And while they weren't raising the rates, they weren't lowering the collision/comprehensive cost like they should have been every year as the car's value decreased. So same as an increase, only not quite as bad.
