Auto Insurance Premium Creeps Up
February 21st, 2009 | 8:32 am | Posted in Insurance | 2 Comments »
My auto insurance bill from Allstate arrived yesterday and it seems that things are creeping up.
Sure, it was just six months ago that I knocked $400 off my premium by actually calling my agent to tell them that I’d gotten married YEARS earlier but still…
Over these past six months, I haven’t gotten any tickets, I haven’t gotten into any accidents, and let’s face it, my cars aren’t getting any “newer”.
One is over a decade old and the other is a subcompact economy car.
And that’s why I don’t get it.
They’re worth *less* but I’m paying *more* to insure them? Huh?
But really, the “new” 6-month premium is $897.20 — that’s a mere $11.80 more than last time.
It’s not that big of a deal so I’m not going to worry about it too much but, seriously, it should perpetually go down until I purchase a new car or file a claim.
You’d think, any way…
February 21st, 2009 at 2:43 pm
That’s nothing! Allstate raised the premium on my rental property by a whopping 52%!
They put the blame for the increase on fraudulent claims, even though I didn’t even file a claim… ever!
I subsequently ditched Allstate out of pure principle. Costs go up over the years, I understand that, but they don’t go up by 52%, and if they do, it’s a reflection on the company and their business practices.
Read about it here:
http://www.thecornerofficeblog.com/2009/01/29/allstate-down-the-tubes/
Grant
TheCornerOfficeBlog.com
February 28th, 2009 at 9:38 am
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