A couple weeks ago, my current insurance (car & home) agent sent me an email stating rates were going to increase significantly, and wanted to warn me. Goodness, he was not kidding. The car insurance increased almost 50%, and I have no accidents and no tickets along with excellent credit. Cannot imagine those who do!
Talking with a few clients and friends over the last few days, many have retained the same insurance company for years, and they THINK they have the best rates because they are loyal. That is not how it works! Always best to do your due diligence every couple of years and call around to see what rates are out there. You might be surprised.
After speaking with an insurance broker, he did say, car rates did significantly increase across the board, so will need to hear how other companies shake out.
Comments(24)