I go through an insurance broker and they said that it's important to check around every renewal to see what is being offered. They rely on customers getting complacent. If everyone actually shopped around every year, it would theoretically drive prices down. They would have to resort to price fixing to keep their massive profits.
Is this AI upscaled or am I going nuts?
That shit keeps happening to me. It's a new scam they're running. I know because I keep changing companies due to it. Each time they pretend that's just how much insurance costs now, or try to blame it on me moving (each time to a lower crime area). Then I find another company that's offering me slightly more than I paid last term- the kind of increase you (unfortunately) expect from these vultures. But now those old standard increases have become not enough. Seriously had these sons of bitches try to raise my insurance rates 50-200% multiple times in a row, multiple companies doing the same shit. This ought to be investigated by a government agency and multibillion dollar fines issued. Instead, it's just "how it is" now in America.
I was with Erie insurance company for 15+ years when they pulled this, except it was closer to a 100% increase. No tickets or accidents but suddenly much higher rate. Switched to Progressive and was back to my old price.
every year I get a letter from my health scam insurance company that essentially says "due to the law (that we're going to eventually pay the right politician to get rid of) we're informing you that our rates will increase by 30% next year."
Every year 30% more.
This is why consumer coops are so so important for stuff like this.
The insurance of a person I'm close to from their coop is around 9% cheaper than other non coop alternatives.
Consumer coops (irrespective of sector) always tend to have top notch customer service in my experience.
Wow thats a good quality version of the meme. Share the template plz. I got potato quality in my library:
Not just car insurance. My house insurance went up 25-30%, and the agent said there's not much point in switching because companies "don't want to take on houses older more than 40yo"
While my general Province hasn't been great for various disasters, my city and neighborhood are on the safer end. The house itself doesn't have any of the nasty stuff like asbestos, aluminum wiring, failure-prone plumbing, etc. The furnace was replaced when I moved in, AC and after tank are new within 5 years, and the roof was just done.
Because they can. They don't even have to justify it. My car insurance goes up every year despite no accidents on my record. I look at competitors rates and they are even more expensive. Across the board they are just raising rates.
And we as consumers have no recourse, because we are required to have car insurance to drive, so it's not like we can just boycott them. Would not be surprised to learn that there is collusion going on between all the auto insurance companies to keep their rates roughly similar and raise them all at once.
Time to switch and save lol. I change phone plans and car insurance about once every three years at least because no matter what they find a way to run up the price on you over time, so there will always be much much better offers out there
Replace car with bike and no longer need insurance. Insurance companies hate this little trick!
If you own your car outright, drop collision and keep liability and add glass and theft and bump up the medical on the liability.
You can get coverage a lot cheaper of you drop the collision part, but it does mean that if you’re not on the ball and run off the road and smash up your car in a ditch or onto a curb/stone wall/ whatever.. it’s on you.
As I told my insurance agent, why should the insurer pay if I’m not paying attention to what I’m doing behind the wheel?
He agreed.
Many such examples.
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