auto insurance
Joined: Oct 2011
Posts: 6,103
Likes: 592
From: People's Republic of IL
We've been through several insurance companies in the last 5-10 years. Seems each one is good for about 3 years then all the discounts fall off and rates are poor.
In fact we've just switched to another company. Been with liberty mutual almost 3 years. Recent renewal on house and cars has a 28% increase overall. $187 increase just on the G alone (12 month policy), $241 increase on the other car.. No tickets/accidents for either cars or drivers. Called, spoke with several reps, got nowhere. Shopped around. $630 for the year for the G, $930 for the other car. Went from a $2100 renewal to about $1550. $550 in savings is no chump change! These are full coverage policies with $500 ded. on collision and lower deductibles on comp, 100/300/100K liability.
Seems insurance companies don't favor long term customers any more..... Just like other service providers (cable co's, wireless, etc.).
In fact we've just switched to another company. Been with liberty mutual almost 3 years. Recent renewal on house and cars has a 28% increase overall. $187 increase just on the G alone (12 month policy), $241 increase on the other car.. No tickets/accidents for either cars or drivers. Called, spoke with several reps, got nowhere. Shopped around. $630 for the year for the G, $930 for the other car. Went from a $2100 renewal to about $1550. $550 in savings is no chump change! These are full coverage policies with $500 ded. on collision and lower deductibles on comp, 100/300/100K liability.
Seems insurance companies don't favor long term customers any more..... Just like other service providers (cable co's, wireless, etc.).
i agree above, honestly i tell my clients to look around every 3 years at the minimum, i was with a broker for 5 years and never shopped around and the story above is similar to mine.
Thread
Thread Starter
Forum
Replies
Last Post







