Argh Auto INSURANCE LIBERTY

[kiki02]

In Fl, and our driving record STELLAR.

Have had Liberty Mutual for one year, and they raised us 20% to renew.

no tix, no accidents. Ever.

???

Do you have a company you like and has reasonable rates. Why on earth would they raise us so MUCH?

thanks all. grrrrrrrrrrrr

less money now for WDW.

 

[bankgirl05]

Have you ASKED them why the increase??? I would want some reasonable explanation, or start shopping around. Do you have Homeowners or renters insurance? Sometimes you can get better rates if you combine (bundle) these things. occassionally you can get a discount on your auto rates if you take a dfensive driving class (sometimes offered at local community centers or colleges usually a 2-4 hr class on a Friday night or Saturday)

I would investigate the increase, I certainly wouldn't sit back and take it lightly. Who did you have previously? Why did you switch? Have you had any claims (like break ins?)

Compare the new policy too, they might have switched you to a lower deductible policy, which carries a higher premium. Or changed some of your coverage maximums etc.

 

[Topper]

In Fl, and our driving record STELLAR.

Have had Liberty Mutual for one year, and they raised us 20% to renew.

no tix, no accidents. Ever.

???

Do you have a company you like and has reasonable rates. Why on earth would they raise us so MUCH?

thanks all. grrrrrrrrrrrr

less money now for WDW.

Insurance in FL is notoriously high, both homeowners and auto. Moving from FL to OH, my auto insurance dropped MORE than half.

 

[Denise W]

It may not be you at all, many carriers file for a rate increase that will affect all people they insure in a certain area. You should call your carrier and find out the reason for the rate increase. It could be that all carriers in that area filed for the same rate increase so it would not matter which carrier you were with. Or a carrier may have found that they were charging much less than all other carriers in your area so your carrier is attempting to get their premiums up to where the other carriers are.

Denise

 

[beavismom]

Any changes in your credit rating can have an effect too.

 

[kiki02]

Any changes in your credit rating can have an effect too.

Of course I will call them. Ftr, no changes at all. In fact, the car is a year older, so it should GO DOWN, not up.

 

[christineann]

I would contact an independent insurance broker, send him your dec page, and ask him/her to shop for a policy for you. I switched companies a few years ago after being with the same company for a decade and saved 30%. I was thrilled to save the money but mad at myself for staying with them so long and not shopping around. We also have clean driving records and drive older vehicles.

They raise premiums only because they can. Frustrating!

 

[tar heel]

Liberty Mutual did that with our homeowners except it was closer to 30% than 20%. It really didn't have a lot to do with us personally -- it was a North Carolina thing. Our auto policy just renewed and the price actually went down -- probably b/c our son had a birthday and didn't have any tickets/accidents.

For the time being, I've kept them because we're so happy with the way they handle claims, they're not the only insurer that did that to North Carolina customers and I've got my hands and brain full of handling some stuff related to my parents' estate.

 

[SandrA9810]

Used State Farm when I was in Florida, and the rates went down every year. I have AAA now and have a very good rate, and it's gone down as well.

 

[AmericangirlinFrance]

I live in FL as well so feel your pain about how expensive insurance is. I have State Farm and my rate actually just went down a little.

I have a perfect driving record and drive a 6 year old car. Whether they are any good with claims or not, I don't know, I've never had to use it, thankfully. My husband has and he's happy with their service.

 

[swkmom]

We just switched to State Farm from Liberty Mutual because the rates kept going up and up. We were able to save $120 a month with the exact same coverage that includes 3 cars and a teenage driver. We live in OK where rates are also pretty high because of hail, wind, and uninsured drivers.

 

[SandyinMonterey]

I am 46 yrs. old and have had Liberty Mutual since my learners permit days and on my parents insurance. Now I also have a homeowners policy. With the two policies we also have coverage for items in storage and a vacant lot of property (very small). There are discounts to be have when you have more than one policy, safety features in cars, anti-theft device in car and security system in house. I'm a nurse and I get a discount for that too. Certain professions, not sure which all qualify. A lot depends on where you live and what's going on in the world. Disasters like earthquakes and tornados make everyone's insurance goes up. I live in California now (originally from NJ). Car insurance went way down when moved out here. What I paid for one car in NJ I now cover 3 cars. We almost moved to Florida in 2006. Husband was going to accept job, I flew there to look at homes and schools (Lighthouse Point area) and I wanted to do a little investigated with Liberty Mutual first. Our car insurance was going to more than double AND so was our house insurance. That is one reason we did not move and Hubby didn't take job.

 

[jam217]

I've been a State Farm customer for over 10 years. I have my auto and homeowners with them and never had a claim, yet my rates continue to climb. Cars have remained the same. No tickets or accidents. Homeowners and auto increase every time I get a bill. In fact, homeowners went up $200 this year. So disgusted. I'm shopping around for a new company as well.

 

[vaDisneyGuy]

We have a good rate from Geico. Last year I bough some Berkshire Hathaway stock (parent company of Geico) and they have a nice share holders discount on auto insurance. It saves us about $250 a year.