Yup that would help.

 

That will be my first choice because they are supposed to be the best to deal with when you have an accident. My friend runs a body shop and says they are hands down the best.

 

I will send you a PM!

 

You can say that again. I ignorantly thought staying with one company for a long time was rewarded with lower rates but I was dead wrong. While my speeding tickets didn't help, I was paying over $200/mo for my ES350 and a 96 Explorer for basic coverage when I dumped them last year. The worst of it was sometime in 2018 when I had an 07 Scion, and 05 Camry, and the 96 Explorer and I was paying nearly $240/mo. PEMCO (based in Seattle) was a significant savings.

 

Yeah, unfortunately they don't reward you for loyalty. I found out the hard way when I switched from Allstate after nearly 20 years to Progressive and my premium went down $1,700 a year.

 

What's happened in the last few years, though, is not necessarily indicative of long-term trends or what is normal in the insurance industry. Values of both new and used vehicles have risen sharply as a result of supply-shortages, demand, economic problems, conversion to BEV, higher medical costs with accidents, auto-theft rates, flood/severe storm damage to vehicles, etc....Insurance companies are faced with substantially higher costs to settle and pay out claims, and have been forced to significantly raise rates.

 

If that were true competitive companies wouldn't have dramatically lower rates than the companies we have been with for a decade plus. Those challenges exist for all companies.

 

Well, the high vehicle-values and the supply-shortages I mentioned ARE true nowadays. I'll agree, though, that different insurance companies respond in different ways. GEICO, for example, saves money by always been picky about who they allow to join up and get a policy. Even myself, when I joined some 40 tears ago, had to go through some red tape to get in....more than I cared to. But, once in, I've (mostly) liked them ever since.

 

Im not saying that’s not true, but it’s not the reason why they charge old customers way more than new customers.

Geico today is just answer a few questions online and get insurance. There is no magic to it.

 

When I joined, of course, it was before the days of the Internet and on-line work. After a bunch of red-tape at lower-levels with employees and supervisors, a GEICO Regional Vice-President personally called me, at my office, to offer me a policy. Not magic...but effective. I still remember the call, 41 years later.

 

Generally speaking, it seem like everything is increasing in price. Gas and electric has gone up majorly over the past couple of months.

 

Gas has actually gone down or at least held steady but electricity has gone up and continues to see big increases everywhere every few months or so.

 

Yeah, its nothing like that anymore lol

 

That wasn't all that was different back then. When I signed on, in 1982, GEICO was one of the few companies left that still had a genuine, honest-to-goodness 12-month policy. You dealt with the paperwork and only paid once a year, and that was it. That was one of a number of reasons that influenced my decision to go with them. Well, needless to say, that 12-month feature only lasted a couple of more years...GEICO then caved in and converted to 6-month polices like everybody else. Their reason, at least as explained to me, was that it made it easier for them to drop people who were chronically having accidents and/or making many claims....although, by law, comprehensive claims for theft, vandalism, storm-damage, windshield-replacements from rock-hits, etc....are not chargeable on your claim-record. I suspect the true reason was also that it allowed the company to jack up rates twice a year instead of once, although until very recently, when vehicle prices skyrocketed, GEICO was very good about keeping rates down for good drivers.

 

I have a 12 month policy now I only pay once a year.