Author Topic: Car Insurance Master Thread (Read 390262 times)

ygift · « **on:** January 30, 2010, 07:21:38 PM »

Anyone ever been kicked off from car ins.? I have AAA Ins and they put 5 points for an accident on my record and then because of that are kicking me off. (the points are not relevent to motor vehicle record onlyto ins)
Any ideas what to do so that I dont have to spend an extra 3 - 4 thousand dollars 9maybe even more then that

chaim · « **Reply #1 on:** February 22, 2010, 04:13:01 PM »

call liberty mutual out of howell nj . They are offering all lakewood rates that are 4 or 5 hundred bucks cheaper than geico. One caveat is that I heard when you have an accident with them then rates climb higher than industry standard. Unconfirmed though as I havnt had an accident

Dan · « **Reply #2 on:** February 22, 2010, 04:29:53 PM »

Did you try contesting the points in court with a competent lawyer?

Yordai Dooma · « **Reply #3 on:** July 22, 2010, 05:07:45 PM »

Who do you use?
Who would you recommend?
Who would you not recommend?

We have had Geico for years and am generally happy with them.
A friend is trying to convince me to switch to Hanover as they have better rates for the same policy.

kc1544 · « **Reply #4 on:** July 22, 2010, 05:35:21 PM »

Quote from: David on July 22, 2010, 05:07:45 PM

Who do you use?
Who would you recommend?
Who would you not recommend?

We have had Geico for years and am generally happy with them.
A friend is trying to convince me to switch to Hanover as they have better rates for the same policy.

when i first leased it was my first time having insurance on my name. i did lots of research and found geico to be the best. after six months i switched to costco as it was cheaper (at the time i had membership) the actual insurance was amerprise i think.
i then moved after six months to all state as a local agent told me he can get better price which he did.
and now six months later when the price went up (i think because of a ticket i got) i went back to geico and it was waaay cheaper.
so in short: stick with geico
two notes: firstly i live in brooklyn which obviously makes a difference. secondly each time i switched i didnt save a few dollars. it was a substantial amount (around 300 per 6 months)

Yordai Dooma · « **Reply #5 on:** July 22, 2010, 05:41:37 PM »

Quote from: kc1544 on July 22, 2010, 05:35:21 PM

when i first leased it was my first time having insurance on my name. i did lots of research and found geico to be the best. after six months i switched to costco as it was cheaper (at the time i had membership) the actual insurance was amerprise i think.
i then moved after six months to all state as a local agent told me he can get better price which he did.
and now six months later when the price went up (i think because of a ticket i got) i went back to geico and it was waaay cheaper.
so in short: stick with geico
two notes: firstly i live in brooklyn which obviously makes a difference. secondly each time i switched i didnt save a few dollars. it was a substantial amount (around 300 per 6 months)

So i have geico on 2 people, 2 cars. The saving would be $185.00 over 6 months if i switched from geico to hanover. Keep in mind my policy now is only ~$750.00/6 months. Ive never even heard of Hanover before...Anyone here use them?

A3 · « **Reply #6 on:** July 22, 2010, 06:23:33 PM »

Quote from: David on July 22, 2010, 05:41:37 PM

So i have geico on 2 people, 2 cars. The saving would be $185.00 over 6 months if i switched from geico to hanover. Keep in mind my policy now is only ~$750.00/6 months. Ive never even heard of Hanover before...Anyone here use them?

Keep in mind that according to ur profile your from Chi-Town = Cheaper than NY. Also what amount of coverage do u have for that price.
I have Geico, I opted to be covered for a lot of damage and im paying 1100/6 months for two cars, each driver has one ticket in their name.

Mikeoracle · « **Reply #7 on:** July 23, 2010, 02:27:43 PM »

I have "21st Century" for the last few years and I am very happy so far. They originally saved me a few hundred dollars per half year over Geico, and according to a recent quote they are still a little less. I dont know what states they insure in besides NJ, they are west coast based and added NJ a few years back.

bades · « **Reply #8 on:** August 05, 2010, 04:50:47 PM »

i am a car insurance broker, if you have any questions you can pm me, Hanover is an excellent company

Yordai Dooma · « **Reply #9 on:** August 05, 2010, 04:55:24 PM »

Quote from: bades on August 05, 2010, 04:50:47 PM

i am a car insurance broker, if you have any questions you can pm me, Hanover is an excellent company

Is there any harm in switching insurance companies? Meaning I've had Geico for the past 5 years...Is there any reason to show loyalty to a company? Will that lower my rates in the long run?

Avid Reader · « **Reply #10 on:** August 06, 2010, 05:29:30 AM »

My first year was very hard getting a good rate. The best rate came from CountryWide, which I took. They are a really crappy company though and it is a real pain dealing with them. Just to get an agent on the phone takes forever...

The next year I switched to Allstate because the gave me a higher limits and at a better rate then I was paying at Counrywide. Now It's time to look for better rates again...

Note: This was for Brooklyn.

bades · « **Reply #11 on:** August 06, 2010, 10:52:58 AM »

There is no reason to show loyalty, if you are getting better rates. However generally if you stay with the same company they will lower your rates.

azhoopsfan · « **Reply #12 on:** August 10, 2010, 06:53:11 PM »

There are a few insurance companies (esurance) in which you prepay for the policy and if you want to switch during the term, you don't get a prorated refund. Most will provide a refund if you switch.

My wife and I have perfect driving records and found the best rates with Geico. Also have an umbrella policy with them.

whYME · « **Reply #13 on:** August 11, 2010, 01:09:43 PM »

well if you live in Brooklyn you'll get much cheaper rates if you register and insure your car(s) in some hicktown in, for example, PA

(of course it could cause you major problems down the road if ch"v something goes wrong...)

AsherO · « **Reply #14 on:** August 11, 2010, 03:43:15 PM »

Quote from: whYME on August 11, 2010, 01:09:43 PM

well if you live in Brooklyn you'll get much cheaper rates if you register and insure your car(s) in some hicktown in, for example, PA

(of course it could cause you major problems down the road if ch"v something goes wrong...)

Fraud causes rates to go up. High rates make insurance too expensive. Commit fraud to lower your rates. The circle is closed

whYME · « **Reply #15 on:** November 11, 2010, 12:22:27 AM »

Quote from: whYME on August 11, 2010, 01:09:43 PM

well if you live in Brooklyn you'll get much cheaper rates if you register and insure your car(s) in some hicktown in, for example, PA

(of course it could cause you major problems down the road if ch"v something goes wrong...)

If you live in Brooklyn and do have your vehicle registered and insured in a PA hicktown, if you happen to, say, hit a deer, make sure to do it in or near said hicktown so you don't give the insurance company a reason to suspect anything...

Avid Reader · « **Reply #16 on:** November 11, 2010, 10:57:00 PM »

Quote from: whYME on August 11, 2010, 01:09:43 PM

well if you live in Brooklyn you'll get much cheaper rates if you register and insure your car(s) in some hicktown in, for example, PA

(of course it could cause you major problems down the road if ch"v something goes wrong...)

Quote from: whYME on November 11, 2010, 12:22:27 AM

If you live in Brooklyn and do have your vehicle registered and insured in a PA hicktown, if you happen to, say, hit a deer, make sure to do it in or near said hicktown so you don't give the insurance company a reason to suspect anything...

Why this change of heart, did you hit a deer recently?

muttman · « **Reply #17 on:** January 04, 2011, 10:08:48 AM »

What is acceptable to be paying for auto insurance? I live in Monsey, have a clean driving record (no points or accidents) and I am 24 years old. Geico is currently charging me $1,400 on a 2009 base Honda Accord for the year. I feel like I am overpaying.

Any input would be helpful
Thanks

elikay · « **Reply #18 on:** January 04, 2011, 11:13:31 AM »

Does not sound terrible, But to answer this question you must specify what your coverage is.

bades · « **Reply #19 on:** January 04, 2011, 12:07:42 PM »

I am an insurance broker, and i will gladly try and save you money, like i did for many others on this site. please pm me

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Author Topic: Car Insurance Master Thread (Read 390262 times)