Progressive- Comparative Rater Changes

[shawnmwalker]

@marindependent ,

Kinda, I THINK the Raters in CA are a little different because rates in CA don't include credit scores, so you can get a pretty darn accurate rate without the carriers cooperating.

 

[RickyG]

Quick Update, response from AE was that Progressive could possibly put a moratorium on new policies in the state if they do not receive the rate revision requested soon (not the Nov increase that is already approved but rather another increase after that 20+% already approved). These are interesting times indeed.

 

[marindependent]

response from AE was that Progressive could possibly put a moratorium on new policies in the state if they do not receive the rate revision

You Dont Say

Raters in CA are a little different

Everything is different in California [insurance] - and Different is Not Good!

 

[Markthebroker]

You Dont Say

Everything is different in California [insurance] - and Different is Not Good!

Not true. My mom says I'm different and that's fantastic, so there.

 

[Allen Trent]

Not true. My mom says I'm different and that's fantastic, so there.

People in a dating relationship can sometimes say positive things while courting a mate

 

[RickyG]

You Dont Say
I mean, I never thought Progressive of all companies would put a halt to new business in a small state like Nevada honestly. That's a big move for a company like that.

 

[NY independent]

PRG pulled the comp rater on us yesterday (NY). If we want a quote, go to agent inside. I'm considering discontinuing the comp rater for now.

 

[Flippah]

I'm in MI...turned off our rater about a month or so ago. Had upped down payments to a minimum of 41.7% on most business before that...so...OK...wasn't gonna sell that any way Just took a rate increase last week...I tend to think once the rate catches up to the claims volume and they feel comfortable, the rater will be back on

 

[shawnmwalker]