Property/ vehicle insurance increases

[mt terry d]

The system is a dishonest game about who can be the sneakiest and most dishonest in order to make the most profit. The system needs burnt down. When this was a country people fled to for religious freedom, most were honest.



Taxes, fees, utilities, and insurance are all creating a corporatacracy where the elite banks and hedge funds centralize the society's wealth to a few powerful people that control the government through financial contributions. The less financial power the average member of society has, the easier we are controlled and fleeced by the corporations.

^^^^^^Truth^^^^^

 

[307]

Look at Medicare as an example.

Medicare is one of the examples of government doing something quite well. High favorability ratings by users and a nearly universal impact across American society. I don't come across many people who refuse Medicare and the care:expense ratio is generally seen to be good as compared to private insurance.

Administrative costs are MUCH lower with Medicare than with private insurance, and there is no profit motive.

As a provider I'm not happy with the low reimbursement I receive from Medicare, but as a taxpayer I understand.

If Medicare did not exist, the ramifications throughout society would be immense.

 

[timekiller13]

Been with USAA for 15 years. I shop around from time to time. Their car insurance is a little high, but their homeowners is stupid cheap. And they are easy to deal with. Won’t be leaving them.

 

[WiscoHoundsman]

I just got our insurance renewal information for auto and homeowners. Auto went up about 28% or $500ish. Has anyone been having luck shopping around?
They wan over $2200 for a 2015 ram 3500 and 2023 Hyundai Palisade. I’m already thinking I should drop full coverage on the ram.

 

[go_deep]

I just got our insurance renewal information for auto and homeowners. Auto went up about 28% or $500ish. Has anyone been having luck shopping around?
They wan over $2200 for a 2015 ram 3500 and 2023 Hyundai Palisade. I’m already thinking I should drop full coverage on the ram.

Sit down and scan all your policies and compile them into one e document. Call everyone and their grandma and ask for quotes, and specify if your willing to move on any coverage, or if you are not willing to take less coverage. Email them your policies, after a week to ten days go over all the quotes and move on.
I had great luck doing this about 3 years ago with 3 vehicles, a house, along with a umbrella policy.

 

[nphunter]

A friend has been an insurance salesman since high school. I feel like they’ve been hit pretty hard as well. Rumor has it that he almost had to sell his $150K wakeboarding boat to finish the $3M home he just built!!

I ask him why my bill doubled last year and was told inflation. lol

 

[KSAaron]

Farm Bureau increased our commercial building 30% never had a claim

 

[Coopsdaddy]

Been with USAA for 15 years. I shop around from time to time. Their car insurance is a little high, but their homeowners is stupid cheap. And they are easy to deal with. Won’t be leaving them.

Had them 20 plus years
Use car but their home is higher.1900 vs 2600 year.

 

[bpitcher]

Going through this right now. They almost doubled our homeowners premium.

I've been a little lazy about shopping around every year. Won't make that mistake again.

 

[ReaptheHeat]

Lowest common denominator problem and the fact insurance is a for profit business. Can't have idiots that can't drive cutting into the profit.

Insurance will be a factor going forward on where I move/live.

 

[Dos Perros]

We shopped last year and didn't switch. Shopped again and Progressive was significantly cheaper than they were last year and we switched to them. Saved quite a bit, like 40% on our car insurance. Will do the home owners here soon as they were cheaper there too.

 

[pacoalcracker]

Every state has an insurance commissioner and staff to oversee the insurance company's activities and rate increases. That's where you need to send complaints to. Same thing for the Utilities commissioner. If you don't have time to send them a letter or call, you have no room to complain. Have you talked to your state senators or reps? Probably not. Too busy.

The main contributor to health, liability and auto insurance premium costs are lawyers....Americans just love to litigate, and lawyers facilitate it. That's exactly why insurance coverage of all types and healthcare/medicine costs are more expensive here than anywhere else on the planet.

Certainly, insurance companies are quite profitable, which is why Warren Buffett has many of them in his Berkshire portfolio.....huge investments in Progressive. There aren't any going bankrupt.

I hate lawyers a lot more than insurance companies or hospitals/doctors when it comes to frivolous litigations.

You have limited tort and full tort options to choose from to lower your auto insurance premiums if you so choose to do so. I gave up my right to sue for a broken finger nail to save a lot on my premium....many do not, but complain about the high cost.

 

[flathead#2]

looks like our homeowners went up about 600$ this year.

 

[Dos Perros]

So we recently switched cars to Progressive, and like always we do the roadside assistance. First month of policy my wife's Sequioa shit the bed. First it wouldn't start, but then the tow guy showed up and he got it to start with a jump, had him tow it to the dealer since he was already there. They suspected bad battery, replaced battery. A few days later same thing, no crank no click nothing. So we tow it again to Toyota and they replaced the starter. That appears to have been the original problem. Now Progressive is cancelling the policy because we used it. LOL.

 

[go_deep]

So we recently switched cars to Progressive, and like always we do the roadside assistance. First month of policy my wife's Sequioa shit the bed. First it wouldn't start, but then the tow guy showed up and he got it to start with a jump, had him tow it to the dealer since he was already there. They suspected bad battery, replaced battery. A few days later same thing, no crank no click nothing. So we tow it again to Toyota and they replaced the starter. That appears to have been the original problem. Now Progressive is cancelling the policy because we used it. LOL.

Great stuff...

 

[eddielasvegas]

So we recently switched cars to Progressive, and like always we do the roadside assistance. First month of policy my wife's Sequioa shit the bed. First it wouldn't start, but then the tow guy showed up and he got it to start with a jump, had him tow it to the dealer since he was already there. They suspected bad battery, replaced battery. A few days later same thing, no crank no click nothing. So we tow it again to Toyota and they replaced the starter. That appears to have been the original problem. Now Progressive is cancelling the policy because we used it. LOL.

Exactly why it's dangeous work to lead an insurance company and why insurance companies are one of the many rackets in this country.


Eddie

 

[Laelkhunter]

If anyone is interested in Progressive Auto Insurance, go online for a quote as opposed to calling an agent. The online premiums are much cheaper if you don't have to get an agent involved. Saved us a bunch on auto insurance. House Insurance is disgusting. Prices have more than doubled since Katrina, and stupid named storm deductibles are insane. Living in hurricane alley (South Louisiana) is the kiss of death when it comes to insurance.

 

[TSAMP]

So we recently switched cars to Progressive, and like always we do the roadside assistance. First month of policy my wife's Sequioa shit the bed. First it wouldn't start, but then the tow guy showed up and he got it to start with a jump, had him tow it to the dealer since he was already there. They suspected bad battery, replaced battery. A few days later same thing, no crank no click nothing. So we tow it again to Toyota and they replaced the starter. That appears to have been the original problem. Now Progressive is cancelling the policy because we used it. LOL.

My tundra never did that.

 

[TSAMP]

Unrelated to my crappy joke above. I am shopping insurance right now. 2 newer vehicles and a smaller home and boat. Wild card is my brother in law sells insurance and currently covers my wife. I'm really leaning toward pulling her over to my policy as it's about 1400 per year cheaper all told. He argues his company pays out better and does not depreciate it's payout as my current coverage does. Seems to me that 1400 more dollars in my pocket covers alot of depreciation, especially if I never use the policy.

Guess Thanksgiving will be awkward.

 

[Skerhunter]

Unrelated to my crappy joke above. I am shopping insurance right now. 2 newer vehicles and a smaller home and boat. Wild card is my brother in law sells insurance and currently covers my wife. I'm really leaning toward pulling her over to my policy as it's about 1400 per year cheaper all told. He argues his company pays out better and does not depreciate it's payout as my current coverage does. Seems to me that 1400 more dollars in my pocket covers alot of depreciation, especially if I never use the policy.

Guess Thanksgiving will be awkward.

But getting burned once by not having a good agent your trust can cost you thousands in just one claim!

I caved to the wife a while back and went with cheaper insurance to save some money and we got hosed big time. Went back to working with a close friend and I have zero concerns.