Insurance premiums

[BuschLatte420]

Everything is expensive these days but insurance is getting crazy for good drivers, in NY with a clean record currently paying $668 every 6 months and that is with multiple policies bundled with Allstate, a 2022 ram classic tradesman crew cab standard box 4x4 5.7L curious if other states are going nuts as well. My Tahoe that gets driven 2,000 miles a year in the winter is about $45 less. FULL COVERAGE.

 

[JHoward]

Everything is expensive these days but insurance is getting crazy for good drivers, in NY with a clean record currently paying $668 every 6 months and that is with multiple policies bundled with Allstate, a 2022 ram classic tradesman crew cab standard box 4x4 5.7L curious if other states are going nuts as well. My Tahoe that gets driven 2,000 miles a year in the winter is about $45 less. FULL COVERAGE.

Lol, everything is going and has gone up. I also have full coverage insurance.

Maybe, (if)you could increase your coverage limits deductibles like on comprehensive and collision, meaning what amount you would pay out of pocket first, then increasing those might would lower the semi annual premium? Idk about New York state.

Some auto insurance providers in my state give discounts on mileage driven per year, the national average of 12000 miles or more per year is the norm, but since I'm retired, I get a little break because I'm below the 12000 mile average ... at least the one I use does, State Farm and I had to let them know or they would still have me as covered use as going to work, school, or pleasure. I'm listed 62 years old/retired and as only pleasure, so that helped some.

I've recently added uninsured motorist to my policy, due to the problem(s) occuring at the US southern border of the folks coming in and driving illegally without insurance, just protecting myself financially ...

Anyway, fwiw, Insurance is another form of legalized gambling ... however one wants to look at it, and for those of us who have insurance, are gambling nothing will ever happen and the insurance provider is gambling that something may happen, or visa versa, however the way one wants to think that.

 

[chopperman1]

750 per year, coverages max'd, 2018 Rebel. Mapfre.

 

[Jeepwalker]

OK this is a particular beef of mine! Thanks for bringing it up. A lot affects overall rate.....

But still:
2012 Ram RC 4x4 Hemi basic truck (11 years old now!!) ....with *just* liability and comprehensive (no collision), $630/yr. Clean record, $250 ded, 5000 mi/yr. Getting a whole bunch of discounts incl recorded driving discount (drive like an old lady for a mo!). With collision it's tickling the upper $700's/yr. I live/drive rural so taking my chances with no collision, but more likely to hit a deer. I've had a few conversations with the insurance company HQ's corporate "re-writer" (a good person to talk to) but that's as low as they can go. You'd think the rate would drop as it gets older. That's what gets me. After 10 yrs I would expect a rate drop ..but so far, no. I shopped around a few yrs ago. The other major's are the same if not more. Sure, Progressive is a bit lower, but their homeowner is more, so no overall savings. The savings for a higher deductable is like $25/yr so no savings there. I did add towing which was under $10/yr. It was $3/yr on a VW vehicle I have. Goodbye AAA!!

By contrast:
1989 GMC SWB R/C 350, 4x4 ...pretty much the same tk as the Ram other than a shorter box and older. Same exact coverage as the Ram: $202/yr.

I have two other older vehicles which are also $200/yr. That seems to be the baseline for just liability & comprehensive. Comprehensive on older vehicles like that is only $20/yr, and some sit outside. So it's worth it if I hit a deer, or there's hail/tornados/super-volcano, etc....

 

[CanuckRam1313]

As a Canuck, I would battle for rates as low as what my US family pays...lol
I have 33 years of driving experience and a spotless drivers license & insurance record, and I currently pay $271/monthly for my 19' 1500.

I have every single top up and extra coverage one can get because of the clowns driving here (insured and uninsured).

In Ontario, Canada ones rates are based on ones postal code. I guess I should be thankful though I live where I do because Brampton, Ontario has the highest insurance rates in Ontario and Canada (look up this area and it'll likely become apparent why...).

 

[turkeybird56]

TX, ready for this, I am at almost $2400 ($200 a month). But I am also max covered out, with 500K property damage/collision, and full uninsured, and only $100 deductible,. I stay at the very highest tier. I upped all my coverages to the top due to dropping my Umbrella Policy, so I upped Truck to 500K and Property to 1 Million.,. My Motorcycle was $440 a year, now up to $580 a year. No insurance agency will write a 1 year auto policy, only 6 months except for Motorcycles, U can get a 1 year policy, which I have. And all above with multiple policy deductibles, clean record, etc etc.

Rebuilding prices in TX are 20-30% over national average and rates are through the roof due to tornadoes, hurricanes and hail here. Every year they slam me with a 10-30% increase due to property values and rebuild costs. Property values have gone up 150-400% from 10 years ago, so no relief in sight, grrrr.

ADDED: House same yearly bill. My House was 204K per insurance to rebuild in 2022. Add Genny system, now to rebuild insurance is 244K needed. Argh.

Taxing Authority: Property Value 2013 62K // 2023 188K (Crazy, I am rural, not in city. I know those numbers in value not high compared to other places, but at least my yearly Taxes are locked in now, cannot go up regardless of the number they say property values at unless major improvement done). A whole 3.02 acres with 3 bedroom, 2 bath house, a pole barn garage and hossie house (shed row).

 

[turkeybird56]

As a Canuck, I would battle for rates as low as what my US family pays...lol
I have 33 years of driving experience and a spotless drivers license & insurance record, and I currently pay $271/monthly for my 19' 1500.

I have every single top up and extra coverage one can get because of the clowns driving here (insured and uninsured).

In Ontario, Canada ones rates are based on ones postal code. I guess I should be thankful though I live where I do because Brampton, Ontario has the highest insurance rates in Ontario and Canada (look up this area and it'll likely become apparent why...).

Heard a rumor your Province will give you 50% credit on all rates for living there? true? lol... FTR, Canada beautiful place, got to visit a few times.

 

[Jeepwalker]

I guess I shouldn't complain, compared to what guys on both coasts & Tx/FL & gulf states pay.....

 

[CanuckRam1313]

Heard a rumor your Province will give you 50% credit on all rates for living there? true? lol... FTR, Canada beautiful place, got to visit a few times.

I wish that was the case!
We in Ontario are sodomized with no grease by our Provincial and Federal governments, the highest rates for pretty much everything in this country.
Our premiere is our prime ministers little puppet and they both open their pockets to their handlers donations and get away with it (but don't they all ).
But yes, Canada, and Ontario are amazing places and so much beauty to behold and absorb.

 

[turkeybird56]

I wish that was the case!
We in Ontario are sodomized with no grease by our Provincial and Federal governments, the highest rates for pretty much everything in this country.
Our premiere is our prime ministers little puppet and they both open their pockets to their handlers donations and get away with it (but don't they all ).
But yes, Canada, and Ontario are amazing places and so much beauty to behold and absorb.

Been to that part of country once, Fort Frances, wife had Aunt there. Spent a lot of time South of Montreal in the late 70's. I was USAF in those years and alkyhol was a lot cheaper in Canada, and we were only 63 miles from Border, yahoo !!!

 

[turkeybird56]

I guess I shouldn't complain, compared to what guys on both coasts & Tx/FL & gulf states pay.....

Just like CA and LA, it looks like some Insurance Companies are thinking of not writing any new policies on coastal areas in TX, like gulf coast area, though not confirmed yet. With all the storms each year, they are losing their shirts, pants, drawers etc, and all us other Policy Holders are paying the higher rates to off set loses, oh yeah, fun fun.

 

[Burla]

California, csaa, 650ish per vehicle per year max coverage (500k) on two vehicles, year 2010 vehicles, married couple on their 50's. All insurances through same company, the house insurance is what really raised this year, over 300 bucks increase. I highly suggest anyone with a home also add an umbtella policy to it, and that price has been unchanged in 10 years, only 260 per year, boostes all coverages over a million in your vehicle and your home, if a worker gets hurt on your home you are covered, and it doubles auto ins as well. Umbrella policies, money will spent.

 

[turkeybird56]

California, csaa, 650ish per vehicle per year max coverage (500k) on two vehicles, year 2010 vehicles, married couple on their 50's. All insurances through same company, the house insurance is what really raised this year, over 300 bucks increase. I highly suggest anyone with a home also add an umbtella policy to it, and that price has been unchanged in 10 years, only 260 per year, boostes all coverages over a million in your vehicle and your home, if a worker gets hurt on your home you are covered, and it doubles auto ins as well. Umbrella policies, money will spent.

I had umbrella, but dropped, and doubled my vehicle and my property to same amount umbrella covered, except in TX, U can only go to 5ooK on vehicles, 1 million or more on property. But yup, U do pay for it, one way or another.

 

[BuschLatte420]

OK this is a particular beef of mine! Thanks for bringing it up. A lot affects overall rate.....

But still:
2012 Ram RC 4x4 Hemi basic truck (11 years old now!!) ....with *just* liability and comprehensive (no collision), $630/yr. Clean record, $250 ded, 5000 mi/yr. Getting a whole bunch of discounts incl recorded driving discount (drive like an old lady for a mo!). With collision it's tickling the upper $700's/yr. I live/drive rural so taking my chances with no collision, but more likely to hit a deer. I've had a few conversations with the insurance company HQ's corporate "re-writer" (a good person to talk to) but that's as low as they can go. You'd think the rate would drop as it gets older. That's what gets me. After 10 yrs I would expect a rate drop ..but so far, no. I shopped around a few yrs ago. The other major's are the same if not more. Sure, Progressive is a bit lower, but their homeowner is more, so no overall savings. The savings for a higher deductable is like $25/yr so no savings there. I did add towing which was under $10/yr. It was $3/yr on a VW vehicle I have. Goodbye AAA!!

By contrast:
1989 GMC SWB R/C 350, 4x4 ...pretty much the same tk as the Ram other than a shorter box and older. Same exact coverage as the Ram: $202/yr.

I have two other older vehicles which are also $200/yr. That seems to be the baseline for just liability & comprehensive. Comprehensive on older vehicles like that is only $20/yr, and some sit outside. So it's worth it if I hit a deer, or there's hail/tornados/super-volcano, etc....

I would have no issue with 600 and change a year but every 6 months is crazy! NY is a no fault state apparently someone can nail you and it’s not their fault. I tried

 

[Dave Haddon]

21021 Ram includedinhouse policy..$11150 Quarterly..$446/yr...full coverage..except deduction on glass.

 

[BuschLatte420]

Lol, everything is going and has gone up. I also have full coverage insurance.

Maybe, (if)you could increase your coverage limits deductibles like on comprehensive and collision, meaning what amount you would pay out of pocket first, then increasing those might would lower the semi annual premium? Idk about New York state.

Some auto insurance providers in my state give discounts on mileage driven per year, the national average of 12000 miles or more per year is the norm, but since I'm retired, I get a little break because I'm below the 12000 mile average ... at least the one I use does, State Farm and I had to let them know or they would still have me as covered use as going to work, school, or pleasure. I'm listed 62 years old/retired and as only pleasure, so that helped some.

I've recently added uninsured motorist to my policy, due to the problem(s) occuring at the US southern border of the folks coming in and driving illegally without insurance, just protecting myself financially ...

Anyway, fwiw, Insurance is another form of legalized gambling ... however one wants to look at it, and for those of us who have insurance, are gambling nothing will ever happen and the insurance provider is gambling that something may happen, or visa versa, however the way one wants to think that.

I tried talking to my provider about how I drive 2000 miles a year on one vehicle and my wife works from home and doesn’t drive really and was pretty much told we don’t care, same with State Farm, didn’t care. It sucks.

 

[Burla]

So fool got drunk and got in a head on with me, and I had minimum coverage not understanding the system. When you have 500k coverage, you have 500k coverage on uninsured and underinsured motorists. I only had 15k coverage at that time, meaning after a head on collision the max I could get was 15k because the drunk guy had no insurance and was on a suspended licence from 2 other dui's. Now with so many people flooding america driving w/o insurance, you need to consider having higher uninsured coverage. Guys, trust someone who got the short end on that stick, boost that coverage, you can only get me once, next time I am unfortunate enough to get smashed I am getting my reach around oh yeah.

Full Coverage with minimum amount is for suckers.

.

 

[BuschLatte420]

Just like CA and LA, it looks like some Insurance Companies are thinking of not writing any new policies on coastal areas in TX, like gulf coast area, though not confirmed yet. With all the storms each year, they are losing their shirts, pants, drawers etc, and all us other Policy Holders are paying the higher rates to off set loses, oh yeah, fun fun.

In New York the EXcuses are inflation pretty much and people getting into more accidents in the winter, in NY I guess we gotta pay for others when they get into accidents and the good driver doesn’t.

 

[turkeybird56]

I tried talking to my provider about how I drive 2000 miles a year on one vehicle and my wife works from home and doesn’t drive really and was pretty much told we don’t care, same with State Farm, didn’t care. It sucks.

I gave up on that. There are months I only put 100 miles on truck, BUT since I have Maxed out on everything, not matter. In order for me to even attempt the mileage credit, I would have to plug in a friggin Sensor unit from Insurance Agent into OBD for 3 months, nah, not gonna do that. I only plug in my BlueDriver reader when needed.

 

[turkeybird56]

In New York the EXcuses are inflation pretty much and people getting into more accidents in the winter, in NY I guess we gotta pay for others when they get into accidents and the good driver doesn’t.

The way Houston and Corpus and all them areas are getting flooded almost every year, I would hate to see their payments. And on top of that, U gotta think Flood Insurance too, geez. That is one thing I am lucky on, not needed, I am 982 feet above sea level up a hill, all the water runs down, LOL. Now if I see NOAH out there in an ARK, it may not matter, LOL. (aka Russell Crowe).