Auto insurance increases of 30% or more

[4dsc]

my current auto insurance is going up over 30% this next year.. I called another company which made me a quote in August only to find their rates are going up over 30% as well.. This is BS folks.. They blame inflation and medical costs as the main reason why.. There has got to something we can do about this crap.. My auto depreciates and I shouldn't have to pay more each year..

[AlCzervik]

1. my car insurance actually went down by $50 a month when i got rid of my Honda.

[Nite Owl]

2. I haven't gotten my new policy yet

but I always wondered how they figured that about a new car costing more but it still costs more each year even though the car gets older. What a racket they got.

[NMDemDist2]

3. hmmm, mine just reupped in July, no increase I could see

but I have USAA and they're pretty darned good.

I *do* know that some insurance companies will up the rates if your credit score has gone down for some reason

:shrug:

[Mythsaje]

6. As if credit has anything to do with driving...

It's a scam.

[NMDemDist2]

10. i didn't say it was right, just that they do it and get away with it

scam sounds about right

[Mythsaje]

11. Oh, I know you didn't...

I was just commenting on the whole process.

[Squatch]

15. I've been with USAA since 1994

Absolutely best Inusurance/banking company out there.

We have two cars that cost us about $100 a month to insure in Northern VA.

[NMDemDist2]

18. we have two cars with roadside asst on both, $85 a month

and if you ever have to buy a new one or move, their services are excellent!

[graywarrior]

4. Florida is dropping PIP from their auto insurances.

Bastards.

[Mythsaje]

5. Our insurance company tried to raise our rates

based on our credit score. Despite the fact that I have NEVER had an accident or a moving violation in all my years of driving, and my wife's record is fairly clean.

We switched companies to American Family and got a good deal. Cheaper than what we had originally.

I loathe insurance companies in general and this didn't help matters at all.

[madinmaryland]

7. No increase for us when we renewed in July. nt

[harun]

8. All insurance is a scam (n/t)

[focusfan]

9. Exactly

[BlooInBloo]

16. By definition, insurance is a bet against yourself - lol!

[Selatius]

12. The insurance industry is one of the industries that are poorly regulated, IMHO.

So they can get away with a lot of fleecing without being called on their bullshit.

[taterguy]

13. There is something you can do about this crap

Stop driving :)

[rucky]

17. leave Tennessee? n/t

[iamthebandfanman]

14. not suprising

the cost of EVERYTHING is going up...

but ohhh no... its not inflation! my oh my no!