New Procedures for Car Insurance? - Page 6

Imaoldhippie · ‎06-10-2015

We as born and bred American citizens have to pay the price for people that drive and cause accidents and have no insurance. Insurance of any kind is a necessary evil and they will and can do whatever they please and we are at their mercy.

If it were me I would be looking at other insurance companies. I have had State Farm in the past but never had to file a claim. But there was a tornado in March that destroyed a lot of homes in our area and there have been so many complaints about them not paying, saying peoples houses were not that damaged, refusing new roofs, etc and on and on.

@drizzellla

LIFE IS TO SHORT TOO FOLD FITTED SHEETS

CalminHeart · ‎03-09-2010

My auto insurance through AARP doubled over the last year. I've been driving 55 years and never had a ticket, caused an accident, or even used my auto insurance.

manny2 · ‎05-24-2010

Insurance companies do a soft pull, so it does not affect your score. It gives them an idea of risk. They all do it. They do not have to ask you.

Maybe the accident red flagged them, so they want to see an in-depth hard pull. It doesn’t make sense to me.

drizzellla · ‎03-14-2010

@Imaoldhippie wrote:
We as born and bred American citizens have to pay the price for people that drive and cause accidents and have no insurance. Insurance of any kind is a necessary evil and they will and can do whatever they please and we are at their mercy.

If it were me I would be looking at other insurance companies. I have had State Farm in the past but never had to file a claim. But there was a tornado in March that destroyed a lot of homes in our area and there have been so many complaints about them not paying, saying peoples houses were not that damaged, refusing new roofs, etc and on and on.

@drizzellla

Yes, we are shopping around. And so far we have been quoted $2,000 less than we are presently paying.

We know all too well about drivers with no insurance. My husband had a car special ordered. It was his pride and joy. A kid was driving. No insurance, no license and no brakes. He t-boned and totaled our car. My husband had just dropped the liability insurance on his car,

So his "special" car was totaled and we had to buy a new car with our money.

wilma · ‎03-13-2010

Our auto insurance has gone up every year since COVID. State Farm gave their auto insurance customers a discount in 2020 because of the lockdown, but since then our premiums keep going up.

My car insurance is more now than when I bought the car in 2019. My husband's car is a few years older and his premium is a bit less than mine. It used to be your premiums went down as your car got older. Doesn't seem to be the case anymore. I was told by my agent the increased cost of parts & labor is the main thing causing the increase. We joke that maybe State Farm has to raise premiums to pay Patrick Mahomes & Coach for all the commercials they do.

All the possible "discounts" have been applied to our premium. We are both retired so we don't drive as much, multi car discount, and discount for having a home policy. We raised our deductibles too. Not much else we can do. Still trying to decide if we want to shop around.

Shelbelle · ‎03-09-2010

I just got all my renewals for cars and home, no papers required to be filled out, but the increases were certainly there.

riley1 · ‎03-10-2010

@drizzellla - just going to throw this out there. When he purchased your car, did you write out a receipt for him showing what he paid?

Secondly, when you bought your new car, they should have transferred your insurance (plus any new expenses since its new) to your name. Your son at that point should have gotten his own insurance policy for your old car. Does he also have the title to the car now in his name?

This might be where some of the confusion is coming from. Make an appt and see your agent face to face with all paperwork needed.

katie1859 · ‎06-25-2022

Ok....here's the irony.

Insurances companies are checking credit before issuing a policy....

But ...

I will preface this and you all can read between the lines.

I'm in Illinois.

Everyone in Illinois CAN get a driver's license BUT not EVERYONE has to have insurance

Therefore not EVERYONE is being scrutinized.

Hmmm.....interesting.

I switched to Country Financial. Didn't ask me anything about credit.

Multi insured policy and it's an ok rate. Could be better but it's ok.

drizzellla · ‎03-14-2010

@riley1 wrote:
@drizzellla - just going to throw this out there. When he purchased your car, did you write out a receipt for him showing what he paid?

Secondly, when you bought your new car, they should have transferred your insurance (plus any new expenses since its new) to your name. Your son at that point should have gotten his own insurance policy for your old car. Does he also have the title to the car now in his name?

This might be where some of the confusion is coming from. Make an appt and see your agent face to face with all paperwork needed.

WELL - When I went to pick up my car, we tried to get hold of my insurance agent. I had to wait a month for my car (the dealer had no new cars on their lot). We were told "my car" would arrive in a month to 6 weeks. So we got the call the car came in. Tried to call my insurance agent. No one answered - left a voice message. Called several times. Finance guy called insurance agent- always no answer, left message.

Somehow Finace guy at car dealer processed the sale of the car to me. I signed numerous papers. And after 6 hours, finally walked out with my car.

At the time we had not spoken to our insurance agent. The agent did not call us until the next day. And they wanted payment "right now". Payment for my new car. OK no problem.

My husband wanted to know if insurance agent took into acoount the portion of insurance payments for future months that we had paid on my old car's insurance. All policies were paid for 6 months and my former car still had 4 months premium that were paid in advance.

Agent got upset she never answered his questions. She wanted payment for 6 months and my husband asked for a breakdown of payments. It has been about 2 weeks and no information.

In the mean time she also billed for 6 months payment on my old car (now my son's). My son paid it, even though it was in my name.

Yes, the title of my old car is now in my son's name. No receipt was written or signed.

We tried to get the insurance in my son's name but insurance agent insists that we get a credit report on him before she will transfer to his name. But he had been paying his own insurance on his own cars for 20 years with the same agency.

eadu4 · ‎06-14-2011

@drizzellla not sure why you would "transfer" your coverage. You should have cancelled your policy on the car and then he should have opened a new policy in his name. I have never "transferred"a policy, when my daughter took over my Corolla years ago I cancelled it and she got her own policy. She shopped around and got a good rate for herself else where. To my knowledge it can't just be transferred but rather you cancel yours and he would open a new one that is his based on the coverage he required regardless of if he wanted the same. His age is different, driving habits etc and they base rates on that as well. Single young male vs married older woman.