Originally posted by Black92LX:
quote:
And while we're at it, screw State Farm in general. I'm dumping them at the end of this month. They've raised my rates every six-month premium period with out any driving changes (tickets or claims) for the last three renewals. When I challenged them on it they said, "We've had to cover a lot of claims in Nevada." So I said, "Lemme see if I got this right. You mean to tell me when other folks wreck their cars, my rate goes up, and if I wreck my car the rate goes up?" She said matter-of-factly, "Yup" and I said, "This will be the last time."
You are going to find this with almost any insurer currently.
I spoke with my agent as my rates got raised (granted only once). In all my 19 years of driving my rates have never increased even with an at fault collision, speeding ticket, and when they provided my attorney in a lawsuit.
I asked what the deal was. this past year was the first time in over 30 years State Farm as a whole has lost money on automobile claims.
New cars cost so much to fix and are being totaled at a vastly high rate compared to years past. All the insurance companies are taking hits as none of them planned for this.
State Farm bumped everyone up 10% across the board folks with bad driving got much more.
My agent went from averaging 4 total losses a month for 30 years to 4 total losses a WEEK!!!