HD Truck insurance Q?
Yeah - I know another insurance Q ... but I ask it here because our trucks do not include TT haul, or are not MH - just trucks, no additional pull toys, just the TC.
Last renewal, my 2500HD 4x4 insurance went up about eleven percent in six month policy. Again, this renewal that just arrived, again up twelve percent from last time. So, if that keeps up, that's double in about four years ... we're in Florida and with State Farm.
I'm wondering if you all are getting the same rate increase percentages over the six months past year or so?
We're in an economy that shows a mini-COLA the past couple years, and many of us retired and get virtually ZERO increase $$$ annually. Yet, prices go up way more than this one or two percent COLA on us - and particularly this insurance issue --
I'm curious if anyone thinks insurance companies just give a lower rate to first year (we've been with SF two years, this is three) and then bump large increases until you quit and look elsewhere, or just stick without concerns - makes no sense to me that it bumps that much every renewal (six month) in this low inflation economy ...
Gonna pay it this time - as we're leaving in a couple weeks for an extended road trip - but will be comparing rates next time around for certain if it bumps another ten or twelve percent.
Last renewal, my 2500HD 4x4 insurance went up about eleven percent in six month policy. Again, this renewal that just arrived, again up twelve percent from last time. So, if that keeps up, that's double in about four years ... we're in Florida and with State Farm.
I'm wondering if you all are getting the same rate increase percentages over the six months past year or so?
We're in an economy that shows a mini-COLA the past couple years, and many of us retired and get virtually ZERO increase $$$ annually. Yet, prices go up way more than this one or two percent COLA on us - and particularly this insurance issue --
I'm curious if anyone thinks insurance companies just give a lower rate to first year (we've been with SF two years, this is three) and then bump large increases until you quit and look elsewhere, or just stick without concerns - makes no sense to me that it bumps that much every renewal (six month) in this low inflation economy ...
Gonna pay it this time - as we're leaving in a couple weeks for an extended road trip - but will be comparing rates next time around for certain if it bumps another ten or twelve percent.
