State Farm Tripled Our Rate

[cttaylor]

Re: State Farm Tripled Our Rate.

Should have started shopping with the first increase. Typical stuff insurance companies do.

Loyalty went out in the 60's.

 

[Newby]

Re: State Farm Tripled Our Rate.

You should Shop your auto and homeowners rates every two years anyway. State Farm is a captive agency. They sure don't shop it for you.

 

[xrac]

Re: State Farm Tripled Our Rate.

You should Shop your auto and homeowners rates every two years anyway. State Farm is a captive agency. They sure don't shop it for you.

Newby is right. However, I shop mine about every three years.

 

[Turz]

1. If you're w/ a company like SF you don't shop an HO rate every year. You have claims free discounts that tie into loyalty and possibly forgiveness of rate increases.

2. It sounds like you had two qualifying changes. You changed your vehicle and had an accident. You weren't with the company long enough to have accident forgiveness, most start at three years.

3. If you're on a paper monthly with them they hold a month in reserve. So if you also have to make up that difference.

 

[K.Hall]

Doesn't hurt to shop around... check out an independant agent to see if he can multi-comparison shop for you.

 

[Josh]

Doesn't hurt to shop around... check out an independant agent to see if he can multi-comparison shop for you.

Sales71, is it really you?

 

[Turz]

Re: State Farm Tripled Our Rate.

when I called she pulled up the policy and said first "oh you had a vehicle change" yeah same truck, different year.. and the same truck that we first started the policy out with.. then she said, "no tickets... it's the at fault" even though when we got our november policy it states that it only went up 30 dollars because of the accident but I can't find out why from november it went from 75 to 150 a month..

I'm banging my head against the wall. Starting to wonder why I read posts like this...

 

[Guest]

Re: State Farm Tripled Our Rate.

I'm banging my head against the wall. Starting to wonder why I read posts like this...

I'm banging my head against the wall wondering why these newbies are posting on a dozen threads at once and most of them are all old, and they are saying the same thing that has been said in the thread numerous times, does no one read the entire thread before chiming in?

 

[bobson]

Re: State Farm Tripled Our Rate.

I can't stand when newbies post on 50 threads at once, usually digging up threads from the grave. Plus they say the same thing over and over. I miss the days when people read entire threads before posting.

 

[Turz]

Re: State Farm Tripled Our Rate.

Newby is right. However, I shop mine about every three years.

Horrible idea for your client in the long run. You get approximately 5% off every three years w/ companies w/ a max of 9-10 years and accident free discounts that could wave multiple surchargeable accidents.

Your job is to protect people from the unexpected. Shopping them every three years leaves them exposed.