My policy expires this month...I just learned that my premium is going up 15%. No tickets,no accidents,no claims in about 10 years.
No tickets,no accidents,no claims in about 10 years.
= = =
I seem to recall that rates based on accidents and claims and living area were deemed to be racist.
So everyones rates were evened out. (raised).
I’ve been with State Farm basically since owning my first car. Had to drop my home owner’s policy a few years ago; I am on S.S. & I guess that State Farm doesn’t consider that as part of your ability to pay. Anyway, if the company is no smarter than to insure very expensive homes that are in a dangerous fire zone, then I can understand their financial woes. I just don’t believe in allowing it to be part of MY financial woes. Let them go go broke as they must consider that they can’t continually go on by just raising premiums. EVERYONE is affected by this inflation business; it’s just that the little consumer at the bottom end has no place left to turn to.
Mine was going up more than that so I called my insurance agent and he rewrote my policy. It caused the increase to be much less than the original bill was going to be.
Maybe your agent can do the same for you.