Increasing insurance premiums (liability only)


#21

No harm to shop around for another company. It sounds like you’d be a customer that insurance companies would want to have, what w/never any claims. Generally the ways to get lower car insurance rates (among things you have control over)

  • get you other insurance from that company too, like homeowner’s insurance, insurance on other cars, etc
  • ask if they have a discount for driving less than a certain number of miles per year.
  • make sure the companies you inquire with know you’ve never filed a claim in 48 years.
  • ask for the policy that has the lowest rate, which likely won’t include comprehensive, collision, etc. don’t buy features you don’t need in other words.
  • avoid traffic citations
  • If you or family members have some military background, phone USAA and see if you qualify for their plans

#22

Here’s the thing George, Agents get a commission on their initial policy sales, then they get a smaller percentage of the insurance policies on the books. So a $100 policy will not be very attractive compared to a guy spending a couple thousand with a couple cars with full coverage, a home owners policy, a boat, and a couple million umbrella. Just sayin’.


#23

Yeah, you may have something there. I’ve never filed a claim either, yet my insurance agent doesn’t seem overly eager to keep my business.


#24

If there was it’s probably gone by now. That was almost 20 years ago. The company is still around and doing quite well.