Car insurance keeps going up

[Pcmaker]

I have progressive car insurance and it goes up every year. Now it's going up from $99 to $117 per month, the biggest jump yet.

I'm thinking of jumping ship and going to a different company.

 

[Wolfn8tr]

Been with GEICO a few years now and no rate hike that I've noticed.

Oh I pay $180 a month for full coverage on my three vehicles.

05 M3
08 2500HD 4x4
2015 Toy 4x4

 

[Clockwork]

Esurance tried doing that to me a year ago or so and tried telling me it was because of a "rate hike" in all of Nevada. I called BS and told them I've been with them for well over like 7 years now (can't remember) and told them the spiel that I'm important and I'm wonderful etc and they lowered it back down to what it was before plus some extra because I was "UPSET".

I pay 170$ for full coverage which I'm not too happy with but its going down and down now.

 

[titanNV]

ALL of them do this

You have to shop around every 6 months or year because ALL of them do this. We go between esurance and progressive usually. Not recommending either because they are all scumbags with their shell game pricing.

On a related note, any insurance agents interested in becoming a commercial sponsor??? HA HA HA

 

[Clockwork]

You have to shop around every 6 months or year because ALL of them do this. We go between esurance and progressive usually. Not recommending either because they are all scumbags with their shell game pricing.

On a related note, any insurance agents interested in becoming a commercial sponsor??? HA HA HA

That doesn't work for me. I tried progressive 6 months ago and they were about 50$ along with others which were around 100$. I don't know how people get cheaper by doing this but it never works.

 

[Harley]

Mine went up too from about $150 to $180. They said its cause the laws for coverage requirements changed for 2018...Bastards!

 

[Maxcarp]

Move to Pahrump.That will cut your auto insurance rates in half.Ask an of the resident Pahrumpalopes.

 

[MP15Reloader]

My auto is through usaa.

2014 lexus hybrid
2017 ram 4x4

150 a month full coverage and roadside with lowest deductible. Hasnt changed in 5 years, even when i traded the 2014 tundra 4x4

 

[Gullwing]

Move to Pahrump.That will cut your auto insurance rates in half.Ask an of the resident Pahrumpalopes.

Yes but to fit in you must trade in your nice new $60,000 car for a 1975 panel van or similar. Just not worth it to save a few hundred a year.

:leaving:

 

[dsmacey]

I think as important as the rate is what is your deductible and maximums on bodily injury and collision.

I believe bodily injury minimum is going from 15/30 to 25/59 in Nevada, which would their excuse for raising rates.

Personally I still think that’s too low, especially if you have any assets or net worth for someone to go after.

 

[DonTom]

My auto is through usaa.

2014 lexus hybrid
2017 ram 4x4

150 a month full coverage and roadside with lowest deductible. Hasnt changed in 5 years, even when i traded the 2014 tundra 4x4

So is mine. But after so many vehicles (I am way over the limit, owning 15 motor vehicles- 8 are motorcycles) USAA will force you to go with Progressive on more than so many vehicles (I forgot the number, but I am way over it).

-Don- Reno, NV

 

[totenschadel]

Yes but to fit in you must trade in your nice new $60,000 car for a 1975 panel van or similar. Just not worth it to save a few hundred a year.

:leaving:

:lol::lol::lol::lol::lol::lol::lol::lol::lol:

 

[STV_Keith]

Been with GEICO a few years now and no rate hike that I've noticed.

GEICO just raised my rates by 26% as of my renewal this month. Claims NV had a rate hike. I'm now at $204/mo for two cars, full coverage, up from $155/mo.

My homeowners, another car and boat policy are with State Farm. Had them quote to compare...$295/mo for the same coverages. GEICO is still cheaper, even with the price hike. Sucks though, since I haven't changed anything or made any claims.

 

[tdyoung58]

Basically it's due to the legalization of recreational weed. States that have done it before have seen a 22% increase in traffic accidents ... Which in turn raises premiums for all.

 

[turborich]

Been with GEICO a few years now and no rate hike that I've noticed.

Oh I pay $180 a month for full coverage on my three vehicles.

05 M3
08 2500HD 4x4
2015 Toy 4x4

Geico just got another rate hike for Nevada. I pay my insurance in full for 6 months at a time. Jumped $400 per 6 months. I have found another company with the same overages for the old rate. You really should check rates every 6 months. I've been with them for years, but refuse to pay this kind of money. Complete BS!

You can chalk many of the rate increases to the illegals who drive drunk, don't carry insurance and run from accidents.

 

[dsmacey]

Basically it's due to the legalization of recreational weed. States that have done it before have seen a 22% increase in traffic accidents ... Which in turn raises premiums for all.

How is that possible????

I mean, I have read on here that there is no downside to legalizing marijiuana and that anyone who opposes it is an idiot!

:dita:

Where is that statistic from? From what I have read, the insurance industry has calculate that states that have legalized recreational use have seen a 3% increase.

https://www.washingtonpost.com/news...to-car-accident-rates/?utm_term=.40cdbb3d1259

 

[Wolfn8tr]

Interesting. I do believe our policy is due to renew next month so I shall see if it goes up

 

[titanNV]

Our cars are both 2011s. We put about 1000 miles a month at the most between them. Coverage is 100/300 or more (I forget) and full coverage. They raise it every 6 month term. When it gets over 500 I switch and it usually goes back to 400 or so.
No tickets or accidents.

 

[Cirdan]

Geico just hit me with a 15% rate hike. I do have a newer car, but no accidents/claims/tickets.

 

[Harley]

Geico here too. Been with them for 6 years with no tickets and only one claim but it was for some dip$hit kid who backed into my truck when it was parked!

 

[Bluto]

I've been with State Farm my entire driving life- 35 years. I get every discount they have and have a spotless record for the past 15 or so years. Rates still keep creeping up $20-30 a year. There's always some B.S. reason according to my useless agent.

 

[DonTom]

I've been with State Farm my entire driving life- 35 years. I get every discount they have and have a spotless record for the past 15 or so years. Rates still keep creeping up $20-30 a year. There's always some B.S. reason according to my useless agent.

I think the BS reason is called "inflation".

Their expenses also increase a bit every year.

-Don- Reno

 

[skip]

I think as important as the rate is what is your deductible and maximums on bodily injury and collision.

I believe bodily injury minimum is going from 15/30 to 25/59 in Nevada, which would their excuse for raising rates.

Personally I still think that’s too low, especially if you have any assets or net worth for someone to go after.

I work for progressive and this is Exactly what is causing it.

Add on top of the state required minimums doubling, the way people drive out here, the fact that there's a lawer on every street corner fishing for auto accidents, and the amount of fraud that is out there, your lucky your premiums are only going up that much.

 

[jfrey123]

I used to sell insurance. Jan 1, 2018, the state raised the liability minimums. Lowest coverage you used to be able to by was "15/30" ($15,000 per person, $30,000 total per accident). New minimums are 25/50, so if you had minimum coverage, this is the reason for your price increase. The property damage minimum also went up from $10,000 but I don't remember what it jumped to (I think $50k, but I'm too lazy to google it). More coverage costs more money.

 

[titanNV]

Does changing the minimum requirements adversely affect those who are no where near the minimum?

Sent from my SM-G930V using Tapatalk

 

[dsmacey]

It shouldn’t, in my opinion. It should lower it, since the chances of you needing to exercise your underinsured coverage goes down with everyone have a higher required minimum. Of course, I highly doubt a rate ever being lowered

I have my medical and collision and property maxed out and my rate has not changed in two years (since I last added/changed a car on the policy) including my recent renewal with Geico.

 

[titanNV]

It shouldn’t, in my opinion. It should lower it, since the chances of you needing to exercise your underinsured coverage goes down with everyone have a higher required minimum. Of course, I highly doubt a rate ever being lowered

Exactly!!!

It's a shell game with excuses, not reasons.

 

[turborich]

I've been with Geico for over 6 years. Good customer service, but rates just went to high. No tickets, accidents or claims. I pay my policy in full for 6 months and have comp/collision on 3 vehicles. Jumped from $930 to $1,330 per 6 months.

I called around and this time Progressive was the lowest for the same exact coverage at $870 per 6 months.

If they try raising rates at the renewal then I'll just shop around again. They are not your friends so no reason to be loyal to them if they're just going to keep jacking up your rates for being a safe driver.

We are pondering a move to Fallon, NV. The auto insurance rates are about half what they are here, however homeowners insurance was about double.

 

[Thelittlegreenguy]

I have been in Arizona now for about 5+ years, and I went from having Allstate in Nevada to Progressive in Az. same car same coverage, course car is 5 years older now than in nevada, and its paid off and old, but I do not put many miles on it, went from 155 a month in Nevada to 40 a month here in AZ. Started at 35 a month and has steadily increased to 40 over 5 years not complaining but I am due for a new car, and will certainly shop around when it comes to getting it insured, especially since it will be 4 wheel drive and a utility vehicle, currently driving a small 4 door import that gets great gas mileage as well, which will go to my youngest son for his first car, he will benefit from it being older and paid for when he goes to get his insurance, ( he is 21 ) they will hit him hard.

 

[skip]

It shouldn’t, in my opinion. It should lower it, since the chances of you needing to exercise your underinsured coverage goes down with everyone have a higher required minimum. Of course, I highly doubt a rate ever being lowered

I have my medical and collision and property maxed out and my rate has not changed in two years (since I last added/changed a car on the policy) including my recent renewal with Geico.

Did your policy renew before the 1st of the year? If not, your lucky. I'd bet it will go up the next time you renew.

Exactly!!!

It's a shell game with excuses, not reasons.

Doubling the state minimum requirements doubles the exposed liability the insurance company has on the road. So now the insurance company has a chance to be paying out twice as much per accident.

Current minimum state requirements for property damage is 10k. When the new requirements go into effect, that requirement doubles to 20k. That's means that for every accident there is a possibility the insurance company will pay out 20k instead of 10k.

Just like higher policys cost more. The more money there is a chance of paying out the higher the cost.

B][/B]

I have been in Arizona now for about 5+ years, and I went from having Allstate in Nevada to Progressive in Az. same car same coverage, course car is 5 years older now than in nevada, and its paid off and old, but I do not put many miles on it, went from 155 a month in Nevada to 40 a month here in AZ. Started at 35 a month and has steadily increased to 40 over 5 years not complaining but I am due for a new car, and will certainly shop around when it comes to getting it insured, especially since it will be 4 wheel drive and a utility vehicle, currently driving a small 4 door import that gets great gas mileage as well, which will go to my youngest son for his first car, he will benefit from it being older and paid for when he goes to get his insurance, ( he is 21 ) they will hit him hard.

Premiums are heavily based on zip codes. If there are alot of accidents/vadanlism/theft/fires in a certain zip code, then premiums will be higher in that zip code. That's why your asked for the garaging zip code.