Auto ins just doubled!

[Chris142]

We have it on autopay. Just got a surprise as it's doubled since last month.

2 drivers in their 50's. No tickets or accidents, no glass replacement etc,

The FJ has full coverage. The rest are min required.

Don't see how that's legal. Now I somehow have to scroung up more $$$.

 

[Danno]

Shop around.
Same thing happening north of the border.
And there are better deals to be had.
They are hoping you don't notice.

 

[GRUMPYDUDE2]

We have it on autopay. Just got a surprise as it's doubled since last month.

2 drivers in their 50's. No tickets or accidents, no glass replacement etc,

The FJ has full coverage. The rest are min required.

Don't see how that's legal. Now I somehow have to scroung up more $$$.

And I would bet all the company executives got bonuses and raises.

 

[supton]

Mine doubled when the kids got added. I really should go and do some shopping around.

 

[Intelligent Molecule]

I've been going back and forth between Progressive and AAA for years. If you stay with one company, they will keep pushing up the premiums as much as they think they can get away with over time. My credit union is always bugging me to get a quote from their service, which is actually Liberty Mutual. It turned out to be 4 times what I ended up paying for AAA! Shop around. It's a dirty business.

 

[GRUMPYDUDE2]

I've been going back and forth between Progressive and AAA for years. If you stay with one company, they will keep pushing up the premiums as much as they think they can get away with over time. My credit union is always bugging me to get a quote from their service, which is actually Liberty Mutual. It turned out to be 4 times what I ended up paying for AAA! Shop around. It's a dirty business.

Agree 100%. Shop around. Dirty business.

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[Chris142]

Agree 100%. Shop around. Dirty business.

​

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Our Costco ins is the cheapest we could find

 

[Ausfahrt]

We have it on autopay. Just got a surprise as it's doubled since last month.

2 drivers in their 50's. No tickets or accidents, no glass replacement etc,

The FJ has full coverage. The rest are min required.

Don't see how that's legal. Now I somehow have to scroung up more $$$.

I renew our policies annually and pay up front. Much cheaper than paying monthly.

 

[demarpaint]

Shop around, mine went up 26% in March, no tickets, no accidents, no changes. I shopped around and found that the 26% increase as bad as it sounds was a deal. We're paying for the sins of others and a lot of uninsured drivers on the roads.

 

[Pew]

It's legal because it's illegal to not have car insurance. One of the greatest racketeering ever.

 

[BMWTurboDzl]

We have it on autopay. Just got a surprise as it's doubled since last month.

2 drivers in their 50's. No tickets or accidents, no glass replacement etc,

The FJ has full coverage. The rest are min required.

Don't see how that's legal. Now I somehow have to scroung up more $$$.

California doubled it's mandatory liability limits effective 1/2025.
California experienced significant losses (ex, Wildfires).

 

[BMWTurboDzl]

It's legal because it's illegal to not have car insurance. One of the greatest racketeering ever.

Just like debtors prison. <sarc>

 

[brages]

Agree 100%. Shop around. Dirty business.

you could save UP TO 15% OR MORE

 

[rijndael]

It's legal because it's illegal to not have car insurance. One of the greatest racketeering ever.

It depends on the state. Until recently, I think it was July 2024, in Virginia you could just pay the uninsured motorist fee and be done with it.

ETA:

https://www.dmv.virginia.gov/news/new-laws-take-effect-today-july-1-2024

Uninsured Motor Vehicle Fee

Effective July 1, 2024, the option to pay a fee rather than maintain insurance coverage for your vehicle will be eliminated, and DMV will no longer collect the Uninsured Motor Vehicle (UMV) fee. All vehicles registered in Virginia will be required to obtain an insurance policy that meets Virginia’s liability limits. If Virginia DMV cannot verify the insurance information provided with the insurer, customers should be prepared to show proof of insurance when requested by the Virginia
DMV. If you previously paid the UMV fee, you will need to obtain an insurance policy that meets or exceeds Virginia’s liability limits.

In our latest accident, our parked car (occupied), was hit and the driver just drove off. I had to track them down, which I did successfully and gave their info to the cops.

 

[cptbarkey]

Must be hazardous in CA. Mine has jumped 30% too, zero claims.

 

[twouvakind]

Keep shopping, find an agent/broker. There is money to be saved.

 

[Chris142]

I renew our policies annually and pay up front. Much cheaper than paying monthly.

I can barely pay the monthly fee? How do you expect me to come up with $1000+ all at once?

Edit. It's $6 a month more to make payments vs a lump sum.

 

[JHZR2]

We have it on autopay. Just got a surprise as it's doubled since last month.

2 drivers in their 50's. No tickets or accidents, no glass replacement etc,

The FJ has full coverage. The rest are min required.

Don't see how that's legal. Now I somehow have to scroung up more $$$.

Did your contract renew? If not, I don’t see how they just arbitrarily charge you more.

 

[JHZR2]

It depends on the state. Until recently, I think it was July 2024, in Virginia you could just pay the uninsured motorist fee and be done with it.

ETA:

https://www.dmv.virginia.gov/news/new-laws-take-effect-today-july-1-2024


In our latest accident, our parked car (occupied), was hit and the driver just drove off. I had to track them down, which I did successfully and gave their info to the cops.

That was heavily abused. So many horrid/ illegal drivers running around on va plates.

That said, it is quite the racket

 

[brandon9715]

Many love to hate on insurance companies, and BITOG is no exception. The fact of the matter is, most companies have slim profit margins that are similar to grocery stores (think 3% range). The cost of new vehicles as well as repairing vehicles is absurd right now, that is the true problem.