I just don't think that this is really fair. I understand that bigger cities propose more driving concerns and have higher chances of accidents. I just feel that if a person is a good driver, with little or no blemishes on his or her driving record, then he/she should not be penalized.

I can tell you first hand that my cost of insurance has gone down by a whole lot. I used to live in Ca and now live in Idaho. I still drive the same? Yet, my cost of insurance is much more affordable.

Look at the examples of rates in this link http://autos.msn.com/advice/article.aspx?contentid=4023087&src=LP%20Passenger

I moved in from one side of town to the other and was charged more, when I asked why I was told that the area I moved into has higher average claims because of the tyes of vechicles in my neighborhood. There are a lot of high dollar cars in the area, so when one gets broken into we all pay.. My insurance went up $30 a month for this move. I changed no policys, just address.

I agree it sucks, but how else do you compensate it? If I lived in Idaho, I dont want to pay for all the idoits in CA...

If you move into a higher crime area, it is affected. Bigger cities usually are.

If you live in oregon your insurance premiums are also affected by your credit score, how much BS is that?

they supposedly outlawed "redlining" in cali. but no ones ever called them on it, i guess. rates can swing wildly from one area to another.

Ya, that reminds me when I was in the office of AAA of Idaho with my new agent. He asked for my SSN, and I replied what for? He said if my score was very good it would be better for my rates. I knew that my score was very good and did not worry but also thought that was stupid.

I told my wife what happened and I mentioned that it was not fair to others that might have a few bad marks or worse, actual incorrect information on thier credit report. It would effect thier rates based on that. What in the heck does that have to do with your driving record? All I can think is that stats. have shown that those with higher credit scores are less likely to get into an accident?? This is IMHO a type of stereo type classification. Again, not exactly fair practice to charge rates based on where you live or how you pay your bills. What's next, your race and or religion?

Your rate is mainly based on your record and your credit score. The credit **** was started by American Family and caught on after 09/11/01. A study was supposedly done showing people with lower credit file more claims. I am an insurance broker, that is how I know. As far as location, yes cities have more street parking, which means more break-ins. Also, high crime areas have more peolple without insurance. In WI, it is not a mandatory insurance state. We carry uninsured motorist coverage which protects against the scum that don't have insurance.

I switched insurance about 8 months ago. My new insurance agency was so happy to do business with me, they raised my rates $15 a month after my first 6 were up. No accidents, no tickets, nada.

When I rented I asked about renters insurance from my auto carrier. That renters insurance cost me $95 a year. But for having renters insurance they dropped my auto rate $125 a year. So I got renters for free and saved money on auto.

We carry uninsured motorist coverage which protects against the scum that don't have insurance.

Hmm, my understanding with the uninsured and underinsured coverage is, it only covers any medical expenses you might incur, does nothing for your auto... If you auto is damaged, and they are uninsured, your policy will cover, but you'll pay the deductible, even if it is their fault. This is how it is here in Hawaii. Does this differ from state to state?

As far as insurance rates go, I just got off the phone with my insurance co. $169/6 months for liability only on the Firebird. They don't offer full coverage, due to it's age. :( I don't have an enclosed garage, but I do have a locked gate with guard dogs. Wonder if I can still get Grundy or Hagerty, when the car is completed.

Darren

I have been looking for something similiar. I currently only have liab. coverage as well. The only thing keeping me from full coverage is the enclosed garage thing. My car is in a 3 sided barn which keeps it out of the weather. Not sure if you will have any luck as I have not had much. The company I have been talking with is the old K and K insurance. I believe it is the Aeion Company (sp).

As long as I've been driving (over 40 years), insurance rates here in NJ ALWAYS took into consideration where you live, as well as your driving record...AND age. To lure some companies back to NJ, such as Geico (which left NJ over 20 years ago), the state is now allowing them to use your credit rating as part of the criteria on which they base your rates. Unfair? Probably, but there aren't a whole lot of choices. Your insurance rate is also based on how far you have to drive to work. I drive 52 miles each way, so my rates would be higher, in all probability, than someone who drives 3 miles. There are differences in rates among the companies, BUT, be sure that you always compare apples with apples! My '57 Chevy (with Historical plates) is insured under a classic car policy......limited driving and use. For full coverage the rate is $116.00 a year. The Chevelle, on the other hand, is a daily driver, insured only for liability and the rate is around $1000.00 a year. We've changed companies through the years, and the rates are pretty close. BUT, remember, compare the coverage....be sure that the coverage is what you NEED, NOT what you THINK you need.

I just don't think that this is really fair.

'fair' and insurance have nothing to do with each other. insurance is just a business out to make money.

'fair' and insurance have nothing to do with each other. insurance is just a business out to make money.

Well, "DUH"! Isn't that the POINT of a business?? :confused:

Does anyone's auto ins line up anywhere close to what is shown in the article referenced in the 1st post? There are 2 list, most expensive and least expensive. I live in the 10th or 11th largest city in the US (just below Detroit)and my rates for 1 car per year line up with the lowest of the low (Roanoke, Va).


Good credit ratings get you lower interest on loans because you are less risk to the lender. With the high cost of auto ins these days maybe they are using the credit to qualify you for the ins more than set the rate you pay.

Well, "DUH"! Isn't that the POINT of a business?? :confused:

yep, but usually the consumer has a choice about whether or not to buy a product. This keeps prices in check because if it's too high, nobody will buy it.

With auto insurance, all the consumer can do is lube up, bend over, and grab his ankles.

Hmm, my understanding with the uninsured and underinsured coverage is, it only covers any medical expenses you might incur, does nothing for your auto... If you auto is damaged, and they are uninsured, your policy will cover, but you'll pay the deductible, even if it is their fault. This is how it is here in Hawaii. Does this differ from state to state?

I was in an accident, completely the other persons fault, they had NO insurance and we ONLY had liability with "uninsured/underinsured"

That Un/Under gave us $3500 (no deductible, cut us a check) for the car (no injuries)...


I know that I HATE these companies (well, some of them).

I wanted AAA, because I had my house with them, and my parents had them for years with good results/service. BUT, AAA was really high because my wife ONLY had 6 or 7 years driving experience (I think they said it had to be over 9 years to drop... Come on... s=Sure, I could understand 2,3,4 or maybe 5 years experience, but 9???

I chose Progressive, because it was pretty inexpensive (looked only at the major companies).

Two years ago, I rechecked AAA, and the premium dropped significantly. The wife had the experience, we both had good records, we have our homeowners with them, etc...

I told progressive I was leaving, and they tried to get me to stay. They even offered to Match the AAA rate... I had them get a manager on the phone, and I told him if they were willing to "match" the AAA rate, that means they were charging me too much all along... He was silent... A-holes...

Well a few years ago I got a check back from Progressive because they lost a class action lawsuit. I think it was because of overcharging. Of course my rates didn't go down after that, so I suppose if you get sued for something, fixing it isn't necessarily the answer...

yep, but usually the consumer has a choice about whether or not to buy a product. This keeps prices in check because if it's too high, nobody will buy it.

With auto insurance, all the consumer can do is lube up, bend over, and grab his ankles.

Well, like everything else in this world, if ya wanna play, ya gotta pay. With all the accidents I see everyday and the cost of repairing the vehicles AND the cost of all the lawsuits, especially for "soft tissue' damage, I am not surprised anymore at the cost of auto insurance.

Here's an interesting link:
http://www.bankrate.com/brm/news/insurance/avg-premiums-chart1.asp

Boy the 2 articles data sure doesn't jive does it? :clonk:

I was in an accident, completely the other persons fault, they had NO insurance and we ONLY had liability with "uninsured/underinsured"

That Un/Under gave us $3500 (no deductible, cut us a check) for the car (no injuries)...

Hmm, gonna have to check on that, then. I wonder if they'd issue that in the policy without full coverage here in Hawaii, or it's only available with the full coverage. Something else to ponder. :confused: When I had inquired about it before, they explained to me that it only aided in the medical bills over and above what your own policy provides.

I was one of those who got shafted because of credit.... I was with Allstate for 15 years until they decided my motorcycles were on their "hot" bike list.... This was in 2002, my last accident was in 1988 and no other claims with them.... If I had stayed with Allstate my motorcycle policy would have went from 800 a year to 2200 PER motorcycle and I owned 3, OUCH!!!!!

So I started shopping around for insurance and sure as heck I got shafted because of bad credit... I was divorced in 99 and my credit suffered becaue of the ex.... Most companies wanted to put me in assigned risk and charge 4000 plus a year.... Now, I have a spotless driving record, I'm a trained professional driver and I'm over 30....