Car Insurance Rates (Semi-OT - ?)
DH
company in the country can save you hundreds of dollars.
In Las Vegas I was insured with Farmer's for 25 years. Their rates became
outrageous. When I turned "old" (when I turned 50 a few years ago) I
switched to Hartford (via AARP). Hartford *did* save me a ton of money -
initially. But apparently, Hartford too, yearly raises their rates.
Who do you insure with, how long have you been with them, and/or have you
found that jumping from company ABC to company LMN to company XYZ really
saves $200 - 400/year?
--
Duane
Observant Lurker
I was with metlife for years and although there was only one accident in
my family, they paid the claim quickly and without fuss. There service to
me was excellent.
Then, my agent announced he was changing his people over to plymouth rock
(a mass company) because he didn't like the service HE was getting from
metlife.
My rates stay pretty stable and drop a little each year due to the lower
value of my automobile.
I'd recommend metlife to anyone.
As far as rates, I understand that all rates including autos have
increased in the last 5 years due to insurance company losses via katrina
and other hurricane losses. They have billions to recover, so the made
increases across the board; including autos.
JP
________________________________________________________________________�
: the next generation of web-newsreaders : http://www.recgroups.com
Marsha L
exH was with State Farm when we got married and I've been with them ever
since. I've checked rates with other companies, but they can't possibly
save me hundreds of dollars when I pay less than $500/yr now anyway!
Multi line helps a lot. If you have renters' insurance, it should be
with the same company. If you haven't taken a driver's safety course in
the last 5 years, take one. You might not learn anything, but you'll get
a cut on your insurance. Of course make sure you're rated correctly!
Doctor Bob
sfe13.iad>, DH <d...@NOSPAM.cox.net> wrote
>Seemingly, of late, (if you believe television ads) every auto insurance
>company in the country can save you hundreds of dollars.
Here in the UK we get THOUSANDS of these adverts, both on TV, Radio and
junk mail through the letterbox!!
Yes, they can save you money, BUT when you compare what 'cover' you have
now and what 'cover' you will get for less money they don't seem to be
the same!
My policy has things like a 50 pound excess (legal minimum)
The cheaper one could be anywhere from 200 to 500 pounds!!
Normally the front windscreen is covered in all policies as standard.
Most of the cheaper ones don't cover side or rear glass (Mine does)
So when you add on the extra money to get the same coverage as what you
have now it is usually more than what you are paying at the moment, but
as I said they 'ARE Cheaper' :-)
Bottom line - you get what you pay for.
Dr Bob.
--
My memory's not as sharp as it used to be,
and another thing my memory's not as sharp as it used to be.
octoad
"DH" <d...@NOSPAM.cox.net> wrote in message
news:c6eJm.9138$ZF3...@newsfe13.iad...
All the companies can correctly advertise that they save you hundreds a year
when you switch, because you would never switch unless you actually WERE
saving hundreds a year. If the quote wasn't cheaper than what you were
already paying, you'd stay where you were. If a new company WAS cheaper by
hundreds a year you probably would switch, validating their advertising
strategy.
The number of people who actually do switch companies and save hundreds a
year is very small in the auto insurance universe, but claiming that people
who do switch save hundreds of dollars a year is technically true.
O
dr. Baf
> Seemingly, of late, (if you believe television ads) every auto insurance
> company in the country can save you hundreds of dollars.
>
> Who do you insure with, how long have you been with them, and/or have you
> found that jumping from company ABC to company LMN to company XYZ really
> saves $200 - 400/year?
Duane,
When I moved from Pittsburgh to LV my rates with
State Farm went from approximately $500 to $800.
Once the insurance wars started State Farm mailed
me a rebate check and the folowing year reduced my
rates. I now pay less than $600 a year.
I've been with them about 20 years and accident free.
From memory also having my apartment insurance
with them and being accident free gives me a yearly
discount of about $200 off of the premium.
Those adds on tv may be true, but only on isolated
cases. If they saved me what they claim, I
would sign up with all of them and have them
send me a check.
I was impressed with Geico handling of a claim.
About 10 years ago I was driving a junker and
only had it a few months when the front end
was damaged by a driver pulling out from the
curb without looking. His company adjuster
(Geico) came out the next day and declared
it totaled from the suspension damage. I copped
a plea with him saying the car is better than it
looks. He called me the next day and said I will
be happy with assessment and I was, I received
$400 more than I paid for it and given a rental car
with adequate time to find a replacement.
In the price range I was shopping it would
take time to find a replacement. I was pleased
with the way they handled a non customer
and if I needed to change would consider them.
dr. Baf
Doctor Bob
7-8a302...@z4g2000prh.googlegroups.com>, dr. Baf
<slaz...@stargate.net> wrote
<SNIP>
>I was pleased
>with the way they handled a non customer
>and if I needed to change would consider them.
>
>dr. Baf
Another thing I forgot to say, with these cheap companies will they all
be around when you have to make a claim?
Will they pay out promptly without trying to use some obscure get out
clause?
Sometime the dearer big name companies are worth the extra few
pounds/dollars in the premium.
Double Down Now!
> The number of people who actually do switch companies and save hundreds a
> year is very small in the auto insurance universe, but claiming that people
> who do switch save hundreds of dollars a year is technically true.
>
The other thing you want to watch out for is switchin' for the lower
rate and then 6mos.-1 year later they jack the rates up on you. That
happened to me once a coupla years ago when another large national
chain prompted me to switch from Geico to them for about $200 less a
year. Then within six months they promptly raised my insurance for no
reason to MORE than I was payin' with Geico. Needless to say I
switched back and haven't wandered since. (I think about 2 years ago I
checked with Progressive and they honestly said they couldn't offer me
a better rate (about $450 annually) than what I was gettin' with any
another company, of course I've never filed a claim or been party to
an accident of any sort)
Nonny
"Double Down Now!" <double....@hotmail.com> wrote in message
news:46ba7244-2dab-4abb...@z41g2000yqz.googlegroups.com...
It's quite difficult to compare coverage and price for combined
insurance, since each carrier has different twists to their
policies. One friend has Hartford and I was impressed with their
package. Then, when I compared it to my AAA insurance, I found
out that it was even MORE impressive, in that it included an
Umbrella liability limit that was costing me extra with AAA. If
you stay with the major players and bundle your home, auto(s) and
umbrella policies, 10% to 20% is the typical spread between the
most and least aggressive players in any given year. . . and it
changes each year.
We had State Farm most of our lives, and I have a great deal of
respect for the company and its fairness settling claims. They
get some "bad press" when there's something like a hurricane and
they refuse to pay a "wind driven water" claim, but that's just
business and what that tells me is that they're not giving away
any free money. I respect them for it. The problem with State
Farm is that it seems to me they change from aggressively seeking
business in a state or region to being indifferent to being
discouraging. If you're in a state or region they decide to slow
down in, you'll be paying big premiums just to keep your policy.
Many carriers are like that, though.
Our own homeowner's etc. rolls after the first of the year, so
I'll also be doing some shopping. My short list of companies will
be Hartford, AAA, Allstate and State Farm.
--
Nonny
You cannot make a stupid kid smart by
handing him a diploma. Schools need standards
to measure the amount of education actually
absorbed by children. Don't sacrifice the smart
kids to make the dumb ones feel good about themselves.
Big Mikey
My GF went from State Farm to AARP and now to Geico. She saved about $400.
Always shop around.
I went from AARP to Geico and saved about $200.
M
"DH" <d...@NOSPAM.cox.net> wrote in message
news:c6eJm.9138$ZF3...@newsfe13.iad...
Big Mikey
The 1996 Toyota Tercel:
$25K/50K/25K
UM 25K/50K
Towing $75
$427 a year.
"DH" <d...@NOSPAM.cox.net> wrote in message
news:c6eJm.9138$ZF3...@newsfe13.iad...
octoad
"Big Mikey" <lvseminol...@aol.com> wrote in message
news:hd5pqv$uc3$1...@news.eternal-september.org...
> If I register the car here in NV GEICO quoted me this amount:
>
> The 1996 Toyota Tercel:
>
> $25K/50K/25K
> UM 25K/50K
> Towing $75
>
> $427 a year.
In other words, because you carry such small limits, you have zero assets to
protect in the event you cause someone bodily injury during an auto
accident.
People with actual assets protect them for a few dollars more by carrying
300k limits. You're at what, the legal minimum for indigents?
Once again your desperate need to appear "smart" to total strangers has
caused you to reveal yet more personal information that just confirms what
everyone else already knows:
You're flat broke, living from handout check to handout check, with no
assets to protect.
Classic.
O
tom ronson
> You're flat broke, living from handout check to handout check, with no
> assets to protect.
wait just a second, mister. Just the other day, Friday I think it was,
Michael Masarsky told the avlv he had a net worth of over $1,000,000 ---
so unless he's a lying sack of shit you're not as sharp as you think you
are.
--
"to dream is to be disappointed." -- Bob Hewson
--tr
Skipfromla
<Doct...@Yahoooo.Comedy> wrote:
>While I was dreaming about my next Hawaii visit <000cf0d7-ba93-4276-a01
>7-8a302...@z4g2000prh.googlegroups.com>, dr. Baf
><slaz...@stargate.net> wrote
>
><SNIP>
>
>>I was pleased
>>with the way they handled a non customer
>>and if I needed to change would consider them.
>>
>>dr. Baf
>
>Another thing I forgot to say, with these cheap companies will they all
>be around when you have to make a claim?
>Will they pay out promptly without trying to use some obscure get out
>clause?
>
>Sometime the dearer big name companies are worth the extra few
>pounds/dollars in the premium.
>
>Dr Bob.
>
>
I have insurance with one of the bigger companies and it costs about
2% more than the smaller ones. The service, when you need it, makes
that little amount more than worth paying, unlike some very
inexpensive insurance companies who are known as "handle your own
claim" insurance.
Skip
Chef Kurt
> Who do you insure with, how long have you been with them, and/or have you
> found that jumping from company ABC to company LMN to company XYZ really
> saves $200 - 400/year?
I've been with State Farm for more than 30 years, and wouldn't trade
them for anything. I've used the same agent for the last 20 years
since I've moved to Oregon. The personal service beats any online type
of insurance. Rather than try to upgrade me, my agent is always trying
to find ways for me to save money.
I insure 3 cars and my home with them. I have very high payout full
coverage on all of them, and my rates are very reasonable, with multi-
line and accident free discounts. I wouldn't trade them for another
company even if I could save $500 a year. Now, when my agent retires
and another takes his place, I'll may have to evaluate the situation.
Kurt
Doctor Bob
1-681e2...@a39g2000pre.googlegroups.com>, Chef Kurt
<kingofk...@gmail.com> wrote
>I insure 3 cars and my home with them. I have very high payout full
>coverage on all of them, and my rates are very reasonable, with multi-
>line and accident free discounts. I wouldn't trade them for another
>company even if I could save $500 a year. Now, when my agent retires
>and another takes his place, I'll may have to evaluate the situation.
>
>Kurt
Not sure if this is the same in the US, but here in the UK you can pay a
small 'extra premium' (2 to 5% I think) and you can 'Protect' your no
claims discount.
This means that if you make 1, 2, 3 claims in a year, or whatever the
number is set by the insurance company, then you do not lose any
discounts you have attained.
Again, not sure if this is the same in the US, but here,,,,
After one year of not claiming you get a discount of 10% on the premium,
the next year it is 20%, and so on each year you do not claim.
When you get the maximum discount 65% (some places 70%) you can
'protect' your premium with a small extra payment.
This benefited me a few years ago, when a woman decided to park in the
parking place that I was trying to get out of, BEFORE I actually got out
of it.
The other claim was my own stupid fault :-)
When renewal time came round I wasn't penalised for the 2 claims I had
done in that year.
Well worth the small extra payment.
Big Mikey
and have been involved with only two minor ones.
My father was in the business for 34 years. Other than the drive twice a
month from LV/LA/LV, I drive very little these days.
The car is now 14 years old and is ready to cross 200K any day now. Do the
math. Even tough the car is in excellent shape and well maintained, I am
still only going to get about $1200 at best if I were to sell-and I have no
plans to sell. As for "deep pockets" you are ridiculous. Unless I drive
like the road warrior, drive drunk, or drive stupid, I doubt I am going to
get into any horrific accident. I think GEICO would also put up a pretty
tough defense and if the other party wants to wait 5-7 years to get it into
court-let them.
M
"octoad" <dav...@sonic.net> wrote in message
news:hd6u6...@news2.newsguy.com...
Big Mikey
Just looked at Dodger Season Tickets the other day. Finally!
But honestly, I may just buy a new car soon. Ego says to go with something
that makes a statement, but Minnie says to go with a Hybrid.
So what do you drive?
M
"tom ronson" <theavlv...@yahoo.com> wrote in message
news:hd70nu$4sb$1...@news.eternal-september.org...
Chef Kurt
Unless I drive
> like the road warrior, drive drunk, or drive stupid, I doubt I am going to
> get into any horrific accident. I think GEICO would also put up a pretty
> tough defense and if the other party wants to wait 5-7 years to get it into
> court-let them.
Hmmmm...I should tell you, but I won't...about the time a drunk
slammed into the back of us while we were stopped at a red light. He
was doing 45 MPH when he hit us without breaking. State Farm vs State
Farm. Many medical bills. Minimum coverage by both parties. It was
fun, but lesson on insurance learned...the hard way.
Kurt
Chef Kurt
>It was
> fun, but lesson on insurance learned...the hard way.
>
> Kurt
Kurt
Gary
> Not at all. In almost 40 years of driving I have NEVER caused an
> accident and have been involved with only two minor ones.
>
> My father was in the business for 34 years. Other than the drive twice
> a month from LV/LA/LV, I drive very little these days.
>
> The car is now 14 years old and is ready to cross 200K any day now. Do
> the math. Even tough the car is in excellent shape and well maintained,
> I am still only going to get about $1200 at best if I were to sell-and I
> have no plans to sell. As for "deep pockets" you are ridiculous.
> Unless I drive like the road warrior, drive drunk, or drive stupid, I
> doubt I am going to get into any horrific accident. I think GEICO would
> also put up a pretty tough defense and if the other party wants to wait
> 5-7 years to get it into court-let them.
>
> M
>
Big Mikey,
No one with a net worth in the 7 figure range would think of driving a
vehicle without carrying sufficient insurance to protect their assets
from an accident judgment. Just as no one who owns a home would think of
not carrying enough insurance to protect it from loss.
Of course, that leaves you out on both counts.
Octoad has you pegged correctly. You don't have any assets worth
protecting and your need to appear like you know what you're doing does
just the opposite. If, and it is a very large if, your father really was
in the insurance business and he told you not to carry enough coverage
to protect your assets, then both of you are/were idiots.
No... strike that. We already know you are an idiot. If your father was
in the insurance business, it makes it that much clearer that he had
nothing to do with you.
Gary
--
"Christianity: The belief that a cosmic Jewish Zombie who was his own
father can make you live forever if you telepathically tell him you
accept him as your master, so he can remove an evil force from your soul
that is present in humanity because a rib-woman was convinced by a
talking snake to eat from a magical tree..... yeah, makes perfect sense."
Ace*
> Big Mikey,
>
> I am obsessed with you. Call it latent homosexual attraction.
FYP.
A*
joes...@webtv.net
stellar record, and they don't advertise much, so their rates stay low.
They rely on referrals and they get them. When I first signed up, the
rates weren't TOO much lower than others, but every year they go down if
you keep your driving record spotless. So far I've been lucky.
Jerry
>
> Who do you insure with, how long have you been with them, and/or have you
> found that jumping from company ABC to company LMN to company XYZ really
> saves $200 - 400/year?
>
Pretty timely question, I just switched. Was with Liberty Mutual. Lot
of changes this year - added a 17 year old girl driver early in the
year. Just got her a 4 year old Sentra and put it on the policy. Can
you say "sticker shock"? Collision and Comprehensive on all 3 cars.
First thing I did after adding the 3rd car with Liberty was to raise
the deductible to $1000, which saved a couple of hundred.
Then I started looking at other companies. Progressive was like $300
cheaper. Geico made my jaw drop. Same limits, same coverages, except I
put the deductibles back to $500 - saved me about $1300 over Liberty
with the $1K deductible. Needless to say, I'm now with Geico.
I had interlocking discounts with Liberty, Got $170 off my homeowners
for having my auto with them too. So, the homeowners will go up a
little, but nowhere near what I saved on the auto.
Jerry
Big Mikey
I am not sure how crowded the dockets are in Oregon but in CA they are
ridiculous. Settling an insurance case can take several years. And I have
also learned that the hard way from my knees.
More importantly, I just do not drive that much! if I was not doing the
twice a month commute to LA, I might not drive at all! From someone who
lived behind a wheel that has been a huge change. I never left the house
today and basically picked up dogshit in the backyard. (Yes, I am my own
gardener as Minnie won't allow us to pay for one!) Actually she is pretty
good with gardening. Is that a Catholic thing? JEWS DON'T DO GARDENING.
(Ok, we don't fix cars either but I am the exception.)
I realize all it takes is one horrific accident, but like an actuary, I look
at risk factors too and make a determination. I did agree that 15/30/10 was
not practical anymore. If I was working outside the house everyday, I would
most likely think about 50/100/50 but 25/50/25 seems to be enough on the
Toyota.
"Minnie" carries 50/100/50 on the Mini Cooper. Minnie Mouse loves her
Minnie Cooper!
M
"Chef Kurt" <kingofk...@gmail.com> wrote in message
news:3944c273-e8b2-4d5a...@m7g2000prd.googlegroups.com...
Big Mikey
Or blow each other....
Octoad likes that...
M
"Gary" <Gar...@Yahoo.com> wrote in message
news:Bu_Jm.188408$ua.8...@en-nntp-05.dc1.easynews.com...
Big Mikey
Gary has to find his 'dick' first.
I love calling him dick....
M
"Ace*" <avlvsv...@hotmail.com> wrote in message
news:8ce368fb-d751-4997...@l13g2000yqb.googlegroups.com...
Big Mikey
called me with a better claim from Geico. I think for now on, I will keep
the junk mail I get every 6 months from competing insurance companies.
I realize a lot has to do with claims and lucky for me, I have never made a
claim that I was at fault for. My last claim in an auto accident was over
20 years ago and that other person was with AAA of Southern CA. That was
fast and smooth.
M
"Jerry" <jerry...@hotmail.com> wrote in message
news:a17e08de-f67c-4092...@l13g2000yqb.googlegroups.com...
Danno
> In all fairness to you, Kurt, (and more than you deserve) I understand that.
>
> I am not sure how crowded the dockets are in Oregon but in CA they are
> ridiculous. Settling an insurance case can take several years. And I have
> also learned that the hard way from my knees.
>
> More importantly, I just do not drive that much! if I was not doing the
> twice a month commute to LA, I might not drive at all! From someone who
> lived behind a wheel that has been a huge change. I never left the house
> today and basically picked up dogshit in the backyard. (Yes, I am my own
> gardener as Minnie won't allow us to pay for one!) Actually she is pretty
> good with gardening. Is that a Catholic thing? JEWS DON'T DO GARDENING.
> (Ok, we don't fix cars either but I am the exception.)
>
> I realize all it takes is one horrific accident, but like an actuary, I look
> at risk factors too and make a determination. I did agree that 15/30/10 was
> not practical anymore. If I was working outside the house everyday, I would
> most likely think about 50/100/50 but 25/50/25 seems to be enough on the
> Toyota.
>
> "Minnie" carries 50/100/50 on the Mini Cooper. Minnie Mouse loves her
> Minnie Cooper!
>
> M
>
>
> news:3944c273-e8b2-4d5a...@m7g2000prd.googlegroups.com...
>
>
>
> > On Nov 9, 5:54 am, Chef Kurt <kingofkurto...@gmail.com> wrote:
> >>It was
> >> fun, but lesson on insurance learned...the hard way.
>
> >> Kurt
> > I meant to say "it was NOT fun".
>
>
> - Show quoted text -
For someone who claims to have "Insurance" in your blood, you are a
total tool. "Like an actuary", my ass. The limits you describe are
woefully inadequate for anyone with any sort of assets. The additional
costs for more appropriate limits are small. You clearly know nothing
about insurance, risk management, actuarial sciences, etc. etc. etc.
25/50/25 is a joke. 50/100/50 is a joke. I work in the biz, am far
from well off and carry 100/300/100, the bare minimum from a risk
management standpoint. A "millionaire" like yourself should have a
$1,000,000 plus umbrella to protect your "assets. You clearly have
none.
Chef Kurt
>I work in the biz, am far
> from well off and carry 100/300/100, the bare minimum from a risk
> management standpoint.
I'm piss poor and that's what I carry also.
Kurt
Nonny
Liability/PD insurance is joking called Lawyer Insurance. With low
limits, the insurer would just toss in the full amount to a
substantial claim, leaving you waving in the wind for the excess
claim amount PLUS the cost of defense. By having a substantial
limit and umbrella, a loss would usually be so painful to the
insurer that they will mount a defense at their own cost.
One of my friends is a litigator. He only has one significant
client: a major university's medical center, where he mounted the
insurance-paid defense against malpractice claims. OTOH, the
balance of the litigators in his firm, and there are a number of
them, handle other Insurance Defense claims exclusively. He has
had a long and successful career as a litigator, while being proud
of never having initiated a court action other than counterclaims
following spurious litigation. Part of my understanding of what I
posted above in the first paragraph comes from years of sitting on
my patio, drinking beer and spirits with him and listening to his
tales of horror.