Where do Ins Compaies get info?
Last month the renewal date came around for the insurance policy renewal for our Montana 5th Wheel and Dodge Ram that I use to pull it. The premium renewal rate was increased almost double from the pr...
Forum Discussion
WyoTraveler wrote:
I had State Farm auto insurance for almost 50 years with no claim. I put in a claim for a broken rear window on my MH and they doubled my rate. I switched to Natl General. I have put in several claims to them for broken windows and no increase in rates.
IMO - State Farm is one of the worst for increases - for no particular reason...:R
Another common ins co practice is "low-balling" - then increasing the
rate/s the second year of coverage.
BTW -IMO- many companies & agents believe the buyer (you, the insured) is CLUE-less (pun) and just write a check for the premium, as billed.......so -
YOUR job is to shop around - comparing apples to apples (the exact coverage from each company) - even if it's only for comparison purposes.
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