And this is what people get when they call and complain and demand answers to the insurance racket.
Posted on 07/06/2024 5:48:59 PM PDT by algore
I looked in my wallet because the little good angel voice in my head said
"when was the last time you printed out new proof of car insurance forms?"
I looked and saw I need to print new ones, when I logged into the website it said
"We have re-rated your policy for the next 6 months, $xxxx will be deducted from your account on 7/31/2024"
I was like ??? it should be $xxx
I called them and they said "it is not your fault, but we don't know why"
I called my state ins tzar and they said, wow an 80% increase that is a lot, but we are just here to answer phone calls and pretend to be sympathetic, however we have rules that went into effect recently that say you can ask them why and they must tell you, and helpfully gave me the rule numbers which said I had to give them this request in writing.
I went to my ins company website (esurance/allstate) and they had a helpful chat button so I chatted with them about this and they eventually gave me an address and told me to send them a letter.
I told them that my chatting was in writing and to fwd my request to their legal dept.
They then said ok we will send you a letter that has a reason.
They sent me a letter that said your rate increase is due to your Insurance Credit Score.
It also said If you have questions contact LexisNexis about it
https://consumer.risk.lexisnexis.com/request
I did not know that there was an specific Ins Credit Score, and did some research, which turned up nothing except that it was kinda/mostly based on your credit score. (my fico score is not an issue)
Today I got my personal lexis report which was 64 pages.
but nothing I really did not expect, and there was nothing negative, and certainly not an ins credit score listed in the report.
I have tried to find other auto ins, but everyone is quoting about the same as my soon to be previous company.
I can self-insure, but that would be annoying.
any ideas on what should I do next ?
I’m in Oklahoma; it was settled by greedy land barons, politicians and crooked lawyers. It’s a very poor State with a few very wealthy people. Bartlesville used to have the most millionaires of any State (Oil).
Cell phones/distracted driving kills thousands of people on the roads every year taking place in every state.
And this is what people get when they call and complain and demand answers to the insurance racket.
Some apps on your smart phone have been known to sell your driving habits, speed in relation to the speed limit, heavy braking, etc., to insurance companies.
Car dealerships can do the same as they can download all of that info.
Our cars and phones can and often do spy on us.
The info from that is used for our insurance "credit rating".
Congratulations on getting a response from Lexis Nexis. When I made my request in writing, they just ignored me.
After 35+ years in Central FL I moved to rural TN as well. No regrets at all, and my auto insurance dropped like a rock.
How many illegals are.bei v sent to your state and city?
My state requires a large surety bond to be posted to do it legally. There’s another requirement: you have to own at least 26 registered vehicles.
You bet, ripping people off is the nature of the insurance biz.
Why do you have to insure two cars when you can only drive one at a time? In other words why isn’t it the driver who gets insured? You drive for 30 years without a claim, have a fender bender in a parking lot and they jack your rates up, recoup their “loss” in two years and keep your rates high.
No it didn't.
You bet, and when a persons vehicle is sitting parked, the insurance during that stationary duration should be dramatically reduced. Some folks park their vehicles days at a time or longer. It’s all very doable.
They generally don’t lose. Like casinos.
Btw, this whole thing regarding endlessly over regulating your privately owed vehicles is nuts. Like the racket of forcing people to register their same vehicle over and over for years...Same title, same address nothing changed, just keep paying and reregistering it.
Raise your deductibles, keep good coverage.
Your car’s value likely increased with the inflation increase.
I use Progressive, and I’ve been with them since 2007, so I have a long-time patron status with them. I jump to the front of the line on phone calls to their service number, and I had an increase of about $250 every six months. I asked why.
Bluntly they said, “Inflation and record numbers of uninsured drivers,” one of which I’d been hit by in my teens. Sadly, my state recognizes the payor insurance’s patron as automatically at fault in those situations. That’s a story for another day.
They looked at all of my discounts and said they’d see what they can do to lower my premium, so they had me go through their month-long driver monitoring (no GPS) and it lowered my rate by a lot.
I have exhausted all discounts aside from multiple vehicle, as two don’t count. It’s three plus; though I will be buying a motorcycle soon...
Funny how Democrats don’t push for socialized auto insurance...
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