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Message
re: Truck insurance just went up 25%, for no apparent reason
Posted on 11/21/23 at 2:45 pm to High C
Posted on 11/21/23 at 2:45 pm to High C
quote:
Farm Bureau, six month policy on 2023 Tacoma was ~$620 for the first two periods. Just went up to ~$830 for the next six months. No accidents, no tickets, perfectly clean driving record. Why?
What did you drive before? Did the Tacoma get added?
ACV of the car can make a huge difference if you upgrade.
Posted on 11/21/23 at 2:54 pm to High C
quote:
25%, for no apparent reason by High
Increases are market driven due to the increased costs associated with repairing vehicles, replacing vehicles, and settling claims. It’s a combination of manufacturing shortages, worker shortages, and bad legislation that incentivizes lawyers to drag out the claims process.
Posted on 11/21/23 at 2:58 pm to Klark Kent
quote:
i have a neighbor who just brought home a new red Chevy Camaro for his high schooler. Tempted to ask how much
Camero was at the top of my list for my 16 year old’s first car. They are really cheap at the base model, have excellent safety records, and come with a new driver Tech package.
Posted on 11/21/23 at 2:58 pm to jrodLSUke
Don't forget higher commodity prices
Posted on 11/21/23 at 3:10 pm to CaptainsWafer
quote:
What did you drive before? Did the Tacoma get added?
This is the first and only vehicle I’ve had on this policy.
Posted on 11/21/23 at 3:14 pm to High C
Someone has to pay for all the uninsured motorists getting in wrecks.
If we had stricter laws (felonies) to those that make law abiding citizens lives harder, things would be different.
How else do you think illegals are getting around?
If we had stricter laws (felonies) to those that make law abiding citizens lives harder, things would be different.
How else do you think illegals are getting around?
Posted on 11/21/23 at 3:22 pm to High C
Just switched my home and auto from Farm Bureau to Progressive. I’m saving about $300 per month for better coverage.
Posted on 11/21/23 at 4:57 pm to High C
Your insurance company, like all insurance companies can do whatever the hell they please.
They can cancel, jack up rates,etc with impunity.
Insurance commissioners are former insurance company execs.
Bend over, for acceptance.
They can cancel, jack up rates,etc with impunity.
Insurance commissioners are former insurance company execs.
Bend over, for acceptance.
Posted on 11/21/23 at 5:06 pm to High C
Inflation, massive verdicts and distracted driving. Shop your policy every year.
Posted on 11/21/23 at 5:13 pm to High C
quote:
No accidents, no tickets, perfectly clean driving record
Why do you think this means your rate shouldn’t go up? You think you should be locked into a super special rate where the carrier loses money on your policy?
Posted on 11/21/23 at 5:25 pm to High C
Also, insurers invest your premium dollars and they are currently not getting the ROI they want.
Posted on 11/21/23 at 5:30 pm to High C
I propose everyone in Louisiana drop their insurance, crash into each other, and then sue Gordon for distracting billboards.
Let chaos reign.
Let chaos reign.
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