Auto insurance costs

[hamster]

Every year our auto insurance is going up, despite no change in our driving record. This year it was a $200 increase, which is par for the course. We sent an email to our agent last year(?) and basically said WTF. She agreed and said everyone is having the same issues for reasons I can no longer recall.

How much do you all pay, particularly if your vehicles are newer? Are costs going up substantially every year?

Needless to say we will be shopping around while our credit is unfrozen.

[Susie]

$1382/year in NY.  Includes coverage for 2017 VW Jetta and 2018 VW Atlas.  Collision & comprehensive with $1k deductible.  Roadside assistance on the Atlas.  High limits on liability as required by our umbrella policy.  Discounts for bundling with homeowners and umbrella, paying a full year in one payment, and defensive driving courses.  No tickets/accidents for either of us in 10 years or so.

Ours really has not gone up a lot lately.  Last year it was $1346 without the roadside assistance.  I feel like I remember numbers in the $1200s in years before that, but it makes sense that it went up when we bought the current two newer cars.

ETA:  if you're considering shopping rates, I highly recommend using a local insurance agent -- not like the local State Farm guy, but an insurance agency that represents a number of carriers.  If you do the shopping yourself, you have to separately give each carrier all your info to get a quote, and it's not only time consuming, but then the spam never ever ends.  If you need to quote for multiple policies (auto, homeowners, umbrella), it's seriously tedious.  Having an agent do it saves you all the time and aggravation and doesn't cost anything.  Mine also went through and explained what all the terms mean (supplemental spousal liability coverage, wha?) so I could make a more informed choice about coverage.  They helped us switch from Geico maybe 5 years ago and we've saved a lot.

[Mrs.flang]

We switched providers around 3 years ago maybe to try to save some and it has not gone up substantially since we switched. We pay around $2,250/year for a 2017 nissan rouge and a 2011 F150. DH has two dings on his record and a long commute.

[redheadbaker]

$2,316/year for a 2006 Saturn Vue and a 2015 Kia Soul.

Comprehensive and collision, $1k deductible. Limited tort. Roadside assistance, but no rental assistance. We both have clean driving records.

[egishere]

I would definitely shop around. We were with state Farm for years but the rates kept creeping up. We switch to liberty mutual and saved a lot of money on auto and home. I have a new Honda Pilot and pay around $1800 a year I believe. C&C $500 deductible.
DH has a company car so we don't pay insurance for his.

[biogirl21]

Ours went up $20 between the payment in January and the payment in July. It’s a little over $800 every six months which includes an almost $200 savings for paying the six months in full rather than monthly. MH has a 2005 SUV and I have a 2011 sedan with a loan. We live in Michigan where it’s no fault insurance. It would be about half that if we lived just 30 minutes south in Indiana 😢

We have Progressive and I’m pleased with it. The places around here with actual people were a lot more when I was looking for quotes.

ETA: I think they are both full coverage? I just went with with the website suggested... I have a clean record, MH has a speeding ticket from 5 years ago.

[shaynaatl]

We have Geico. They’ve jacked up our rates the last few years even though we have a perfect record. They explained this is due to more people getting into accidents (makes sense with texting and driving). I’ve quoted other companies but they were large increases vs Geico. The good news is we finally had a 8% decrease hit during our renewal last month.

[tripleshot]

We have MetLife and get a few employer discounts. I’m in NE Ohio. Both vehicles have full coverage and higher limits as required per our umbrella policy. I’m not sure what our deductible is, $500 or $1000. No roadside assistance since our cars have it for 8 years.

2015 Toyota RAV4 Limited: $386/year
2014 Toyota Tacoma double cab: $374/year

ETA: Wow I guess we have really cheap rates compared to other parts of the country!

[sju1982]

We were with Allstate for years, and were experiencing the same annual creep. Last year, it spiked extra high despite clean records for both of us. We switched to Farmers, and when my agent called to ask why, he mentioned he has been losing a lot of accounts lately to rate increases.

[hamster]

I guess maybe ours aren't that bad. We are at 2kish for a 2015 forester and 2016 dodge ram. It's more the large increases that are no fault of my own that are getting me.

Nerd Wallet does say our companies average cost is pretty high compared to other companies.

[zarapipe]

Geico kept jacking up our rates so we switched to farm bureau and I have been so happy with their customer service and our agent.

$500 deductible for collision and no deductible for the other one (for windshields and such)
$1600 a year for a 2011 truck and a 2018 van.
North Carolina.

[kellikans]

Ours is terrible right now. I did notice a lot of increases in our premium over the last few years as well. I have even mentioned to DH that we should shop around because it seems kind of ridiculous. We are with mercury.

We live in Los Angeles and currently we pay almost $4k/yr. Unfortunately a lot of that is due to an at-fault accident for my husband last year. We have full coverage for two newer, nicer cars. DH got a Tesla to replace his totaled car and I'm not sure how much that effects the rate vs. a non-electric vehicle.

I'm actually going to pick up a new car today and the premium will go down a bit. I can't wait for DH's accident to drop off.

[gastro]

Ours went down when we got my new car earlier this year. Driving assist and all the new cameras and sensors seemed to have lowered our rates. Make sure you are getting all the discounts - education, driving record, customer loyalty, etc.

[simpsongal]

I think auto insurance is one of those things where you need to shop around every 2 yrs or so. It's a PITA, but I noticed the same price creep happening to us.  Costs are also state specific (was way higher in my home state of NJ).

We had esurance, switched to Geico. We're in Virginia - We pay $393 every 6 months, for 2 2012/2013 sedans w/collision and roadside assist. DH drives a fair amount, I don't drive much.

[imbatman]

Ours is about $2300 for a 2018 van, 2008 F150, 2004 tribute, and a 77 Chevy truck, which we only have full coverage on the van and F150, and a $0/$500 deductible for collision. We’ve got USAA.

[Velar Fricative]

$3,800 a year for two newer cars (2015 Sonata and 2018 Explorer). Welcome to New York City lolsob.

But, we shop around quite often and Geico always gives us the better price and I have been very happy with their customer service after some no-fault accidents I’ve experienced. Our rates were most recently jacked up because New York State no longer allows insurance companies to take educational attainment into account when deciding rates, so that ended up hurting us. Also, this gives us a lot of coverage beyond the state minimum because to get umbrella insurance through Geico, we had to bump up our coverage to get to the minimum needed for their umbrella policy. Even with that, when comparing apples to apples across companies, Geico ends up on par or cheaper.

[penguingrrl]

We pay just under $3,000/yr for a 2016 pilot and 2017 Jetta in NJ. It went up by $600 this year because I had a claim (scraped a car parking outside of school). We paid a lot less with Geico, but our coverage was a whole lot less, which isn’t necessarily a good thing.

[itsme]

We pay $2,600/yr in Southern CA for a 2017 Ford Explorer, 2013 Hyundai Elantra, 2014 Nissan NV 200 (commercial van). Our rates haven't gone up with the exception of adding/changing a car on the policy.  We have a $500 deductible, full coverage, and roadside assistance with USAA.

[dcn]

We pay around $1,800 per year for a 2012 Tacoma and a 2019 ascent, $500 deductible. We have usaa and live in Georgia.

[twilightmv]

Aug 13, 2019 9:18:47 GMT -5 hamster said:

Every year our auto insurance is going up, despite no change in our driving record. This year it was a $200 increase, which is par for the course. We sent an email to our agent last year(?) and basically said WTF. She agreed and said everyone is having the same issues for reasons I can no longer recall.

How much do you all pay, particularly if your vehicles are newer? Are costs going up substantially every year?

Needless to say we will be shopping around while our credit is unfrozen.

There’s really no way to compare with strangers on the internet, really. There can be a hundred factors that go into an auto rate, not even taking into account state differences. An independent agent is your best choice for finding your best rate and coverage, and it sounds like you’re already there.

[twilightmv]

Generally, rates are going up. The sophisticated safety equipment now found in most vehicles makes even minor fender Benders more expensive to repair. Distracted driving is up. Medical costs are up.

[hamster]

Aug 14, 2019 14:57:48 GMT -5 twilightmv said:

Aug 13, 2019 9:18:47 GMT -5 hamster said:

Every year our auto insurance is going up, despite no change in our driving record. This year it was a $200 increase, which is par for the course. We sent an email to our agent last year(?) and basically said WTF. She agreed and said everyone is having the same issues for reasons I can no longer recall.

How much do you all pay, particularly if your vehicles are newer? Are costs going up substantially every year?

Needless to say we will be shopping around while our credit is unfrozen.

There’s really no way to compare with strangers on the internet, really. There can be a hundred factors that go into an auto rate, not even taking into account state differences. An independent agent is your best choice for finding your best rate and coverage, and it sounds like you’re already there.

Well, sure. But I know that I have new cars, a clean driving record and excellent credit, which is comparative to many others on this board. These answers tell me that while, yes, our rates are going up I am at least in a competitive range.

[patches31709]

Every few years I call my Allstate agent and she processes us as new clients again, and our rates magically go way down.

[hamster]

Any comments on progressive insurance? They want $1200 less than our current!

[jenny1223]

Aug 20, 2019 14:12:36 GMT -5 hamster said:

Any comments on progressive insurance? They want $1200 less than our current!

Love it. I've had it for years with a few various (minor) claims with absolutely no complaints.

[aspentosh]

Aug 20, 2019 14:12:36 GMT -5 hamster said:

Any comments on progressive insurance? They want $1200 less than our current!

I just saw this bumped up and couldn't believe the prices!

We switched to Progressive a couple years ago and pay $680/yr for a 2013 Focus and 2018 CR-V. Have not had any issues. We have $250 or $500 deductible (can't remember) and more insurance than we need.

We also have them for homeowners insurance and we have a large claim going on right now and they have been great. 

[Mrs.flang]

We switched to progressive after shopping around a bunch. Haven't had to make any claims yet, but the prices have been steady the past several years for car and home insurance.

[madringal]

I have a 2015, DH has a 2011 and we pay $1400/year for full coverage for both cars, $250 deductibles. We have it bundled with our home and life insurance at Allstate. Our auto coverage hasn't changed much (even though I had a 20k claim a few year ago) but my home owners keeps increasing each year with no real explanation.

[dochas]

We have Geico and our rates haven't gone up. They renew every 6 months and it's been the same with a $20 plus or minus difference usually. We're in NJ. No tickets, no accidents.

[aspentosh]

And I will say, I am shocked that my rate didn't go up (like, at all) when I bought a brand new SUV at the end of the year to replace my 9 year old sedan. I am guessing it's because my new car has all kinds of safety features (auto braking, lane keeping assist, etc) so it makes it safer to drive.