Anonymous
Post 08/18/2022 15:00     Subject: Insurance premium hikes

Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:10% increase from Geico.


Seriously it’s bananas! Should we shop around?


Oh we actually got 20% increase, 650 to 770!


Last year mine almost doubled. No longer with Geico. It was absolutely crazy. We didn't even drive much.


Who you go to?
Anonymous
Post 08/18/2022 12:23     Subject: Insurance premium hikes

Anonymous wrote:
Anonymous wrote:
Anonymous wrote:10% increase from Geico.


Seriously it’s bananas! Should we shop around?


Oh we actually got 20% increase, 650 to 770!


Last year mine almost doubled. No longer with Geico. It was absolutely crazy. We didn't even drive much.
Anonymous
Post 08/18/2022 12:20     Subject: Insurance premium hikes

I have to leave Geico auto. Any suggestions?
Anonymous
Post 08/17/2022 21:03     Subject: Insurance premium hikes

How is Costcos insurance, CONNECT ?
Anonymous
Post 08/17/2022 21:00     Subject: Insurance premium hikes

Anonymous wrote:There was an article a few months ago that Virginia approved Geico to increase rates by 26%. We switched from Geico to Nationwide and saved a TON.


I meant a few weeks ago:

https://www.spglobal.com/marketintelligence/en/news-insights/latest-news-headlines/geico-state-farm-increase-private-auto-rates-in-june-71378591
Anonymous
Post 08/17/2022 20:56     Subject: Insurance premium hikes

There was an article a few months ago that Virginia approved Geico to increase rates by 26%. We switched from Geico to Nationwide and saved a TON.
Anonymous
Post 08/17/2022 20:16     Subject: Insurance premium hikes

Anonymous wrote:
Anonymous wrote:10% increase from Geico.


Seriously it’s bananas! Should we shop around?


Oh we actually got 20% increase, 650 to 770!
Anonymous
Post 08/17/2022 20:13     Subject: Insurance premium hikes

Anonymous wrote:10% increase from Geico.


Seriously it’s bananas! Should we shop around?
Anonymous
Post 08/17/2022 20:12     Subject: Insurance premium hikes

10% increase from Geico.
Anonymous
Post 08/16/2022 23:17     Subject: Insurance premium hikes

This is the impact of inflation in real life. Look at Geico's earnings from BH. They went out of their way to explain how auto repair/replacement values have soared because of part costs. Home repair/replacement costs have increased even more. All reflected in insurance rates. Unfortunately it looks like the worst is yet to come.
Anonymous
Post 08/16/2022 20:28     Subject: Insurance premium hikes

Same here
Just got my car insurance renewal
1050 -> 1350 for 6 month (3 cars, 3 drivers, no recent tickets/accidents)
Anonymous
Post 08/16/2022 17:45     Subject: Insurance premium hikes

We've had no claims of any kind in the last 5 years and usually have very minimal premium increases, but this year they strike me as outrageous.

Homeowners going from 1300 to 1900
Auto (2 cars, only middle-aged parent drivers) going from 1800 to 2200
Flood insurance (not in any flood or hazard zone) going from 240 to 350

That's more than 1000 in premium increases when our risk hasn't changed (and our cars are one year older). Anyone else seeing this? We have Liberty Mutual and obviously I will be calling around to rate shop but just curious if other people are seeing similar increases.