topic Re: State Farm Auto Insurance in Among Friends

State Farm Auto Insurance

seaswirl — Wed, 31 Jan 2024 20:27:16 GMT

Got a letter yesterday that our State Farm auto policy premiums are increasing by 25%.

Anyone else hear from their carrier?

Re: State Farm Auto Insurance

amyb — Wed, 31 Jan 2024 20:29:47 GMT

Oh dear. I'm with State Farm. I have not gotten a letter saying this yet, and I did receive my current biill in the mail yesterday, but nothing else.

25% is a lot. When will all this inflation end?

Re: State Farm Auto Insurance

ahoymate — Wed, 31 Jan 2024 20:35:04 GMT

I have Geico and they increased the price auto insurance fee 50% in 2023. All others in the state did samething. Couldn't find any with same coverage that didn't do this. It's expensive to drive.

Re: State Farm Auto Insurance

Nightowlz — Wed, 31 Jan 2024 20:39:51 GMT

They just renewed our auto with our home renewal in Dec. Ours went up around $18 between the two.

We have not received a letter regarding the 25% increase. If they raise ours that much we will be removing coverage plus raising deductibles. We are not interested in paying any more money on any type of Insurance.

Don't know about the rest of you but we are tired of being taxed & insured to death plus nickle & dime every place we go?

My MIL's homeowners when up $1000 a few months back. She doesn't have SFI though.

Re: State Farm Auto Insurance

Mombo1 — Wed, 31 Jan 2024 20:38:21 GMT

@seaswirl wrote:
Got a letter yesterday that our State Farm auto policy premiums are increasing by 25%.
Anyone else hear from their carrier?

@seaswirl Apparently all auto insurance companies have raised their rates this year. I have Progressive and it went up $100.00 for the year.

Re: State Farm Auto Insurance

sunshine45 — Wed, 31 Jan 2024 20:44:05 GMT

ours went up very minimally.....not anywhere near 25%.

homeowners, automobiles, umbrella policies all with ERIE.

Re: State Farm Auto Insurance

MaverDaver — Wed, 31 Jan 2024 20:46:11 GMT

Not yet. NJ Manufacturers renews in July. Problem is there are too many unlicensed and uninsured drivers out there and responsible people have to go over and above on their policies to cover those uninsured/under insured.

Re: State Farm Auto Insurance

MG Chris — Wed, 31 Jan 2024 20:51:10 GMT

@ahoymate wrote:
I have Geico and they increased the price auto insurance fee 50% in 2023. All others in the state did samething. Couldn't find any with same coverage that didn't do this. It's expensive to drive.

I was paying $1800 every six months through Geico. I just switched to Progressive. I am now paying $997 everything is the same with them. I called State Farm and they wanted $2100.

Re: State Farm Auto Insurance

Katrinka23 — Wed, 31 Jan 2024 20:50:20 GMT

I just paid State Farm $643.55 for my 6 month renewal in January. This is nearly 25% more than I paid last January ($521.32). Last July I paid $575.77 so I expect to pay at least 25% more when it renews in July.

Re: State Farm Auto Insurance

lgfan — Wed, 31 Jan 2024 21:05:33 GMT

Yes, my insurance has also gone up. There is no point in changing insurance companies because it seems like all of the insurance companies are increasing their premiums.

Re: State Farm Auto Insurance

SilleeMee — Wed, 31 Jan 2024 20:59:30 GMT

Mine went up, too. I raised my deductible so that lowered my premiums. I hardly drive.

Re: State Farm Auto Insurance

on the bay — Wed, 31 Jan 2024 21:08:23 GMT

@seaswirl,

That's awful!

Mine increased about $100 last year even though I don't drive much and never had tickets etc.

They said it was increased all thru the state.

I did get it down somewhat when they tried to look for things that would reduce it without losing coverage.

So try that because they are probably also trying to keep customers.

Just like internet and tv costs. They still hope to keep their customers so try to get it knocked down.

Re: State Farm Auto Insurance

Teddixat — Wed, 31 Jan 2024 21:11:29 GMT

I have State Farm for my homeowners and auto. My homeowners went up by $90 but my auto went down about $100

Re: State Farm Auto Insurance

geezerette — Wed, 31 Jan 2024 21:13:59 GMT

I don't have State Farm, but both my auto and house insurance increased quite a bit this past year.

The only thing that didn't go up was my umbrella policy.

Re: State Farm Auto Insurance

catter70 — Wed, 31 Jan 2024 21:17:04 GMT

I think mine stayed the same car/homeowners. By and large though, I think everything is a big rip off anymore.

Re: State Farm Auto Insurance

judianne — Wed, 31 Jan 2024 21:17:13 GMT

They are spending too much money on tv ads and mailings !

Re: State Farm Auto Insurance

gidgetgh — Wed, 31 Jan 2024 21:20:14 GMT

I didn't get a letter but I got my premium notice 2 days ago and it went up $40 from last time. I pay every 6 months so that's an $80 increase for the year.

Re: State Farm Auto Insurance

Still Raining — Wed, 31 Jan 2024 21:20:17 GMT

I just paid my six months of State Farm last week and it did go up. I assume it is age related? Since it is linked to my homeowners and umbrella, I just paid.

Re: State Farm Auto Insurance

Estellee — Wed, 31 Jan 2024 21:53:06 GMT

I've had Allstate for years. Oddly, it didn't go up but it is already expensive.

Re: State Farm Auto Insurance

CelticCrafter — Wed, 31 Jan 2024 22:01:33 GMT

We live in NJ and got the letter last week.

They requested an increase of 23.7%, that doesn't mean that's what the state Department of Banking and Insurance will approve. Chances are they will but we can only hope.