eSurance and the IS-F
#1
Racer
Thread Starter
eSurance and the IS-F
Is anyone else insured with eSurance with their IS-F and had their premium go up? I just received my 6 month renewal. My monthly rate went up from 191 to 286. (I have a second car on the policy and my home as well)
I called and demanded an explanation. The Rep said the vehicle ratings have changed, hinting it may be a higher risk vehicle and/or prone to be stolen. He also said eSurance had increased costs to do business in North Carolina.
I would be curious to see if everyone's policy has changed. Mind you, I didn't have any accidents or tickets this year.
I called and demanded an explanation. The Rep said the vehicle ratings have changed, hinting it may be a higher risk vehicle and/or prone to be stolen. He also said eSurance had increased costs to do business in North Carolina.
I would be curious to see if everyone's policy has changed. Mind you, I didn't have any accidents or tickets this year.
#2
Lexus Champion
iTrader: (20)
rates going up is a normal thing even if you didn't get tickets or accidents. although I've never seen a high jump like that in autos alone, you do have a home on your policy as well.
#3
I've been with eSurance for over a decade, first in Cali now in Pennsylvania, I have 4 cars insured with them and ISF is full coverage with 1000 deductible and I pay $310 for 6mo. I rarely drive it only to and from the track, it's garaged over the winter, so yours still cheaper than mine.
Now I feel I'm getting ripped off heh, I have no accidents, warnings or speeding tickets.
Now I feel I'm getting ripped off heh, I have no accidents, warnings or speeding tickets.
#5
Intermediate
iTrader: (1)
I'd look for other insurance. I'm old, if that makes a difference, but I don't pay much more than that for a year on the F. I insure three cars, a truck, a motor home and a competition ski boat. Maybe they don't think my wife and I can drive more than one at a time. That insurance bill is a little larger, but I think the F is the most expensive.
No tickets ( no idea how this happened), no claims and $5,000 deductible. The reason for the high deductible is because you don't dare make a claim for less than that or they will cancel you. After that, you need to find a new insurance policy and then tell them you've been canceled.
Same on the home policy. Make the deductible for at least $7,500 and preferably $10,000. They hope you'll make a stupid claim for the sole reason that they can raise your rates.
Take the savings and put it in the bank, so you can pay the claim yourself.
Loren
No tickets ( no idea how this happened), no claims and $5,000 deductible. The reason for the high deductible is because you don't dare make a claim for less than that or they will cancel you. After that, you need to find a new insurance policy and then tell them you've been canceled.
Same on the home policy. Make the deductible for at least $7,500 and preferably $10,000. They hope you'll make a stupid claim for the sole reason that they can raise your rates.
Take the savings and put it in the bank, so you can pay the claim yourself.
Loren
#7
Racer
Thread Starter
Checked AllState and their best plan is $177/month, I have a $500 deductible for the ISF and $1000 for the Toyota.
Just need to add the house now and kick eSurance to the curb.
Just need to add the house now and kick eSurance to the curb.
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#8
#9
That sounds like a plan, I don't get this, esurance wasn't that pricey before, I could have slept through any rate increases they had.
#10
Racer
Thread Starter
1. The car ratings have changed. (higher risk car? Too many thefts?)
2. Cost of parts increase.
3. eSurance cost of doing business in North Carolina has increased.
I really like esurance, but $100/month increase just like that, well, it's time to go.
#11
Lexus Champion
iTrader: (9)
Lou
Last edited by flowrider; 01-07-17 at 06:18 PM.
#12
Neither do I. Let me sum up what the Rep said on the phone.
1. The car ratings have changed. (higher risk car? Too many thefts?)
2. Cost of parts increase.
3. eSurance cost of doing business in North Carolina has increased.
I really like esurance, but $100/month increase just like that, well, it's time to go.
1. The car ratings have changed. (higher risk car? Too many thefts?)
2. Cost of parts increase.
3. eSurance cost of doing business in North Carolina has increased.
I really like esurance, but $100/month increase just like that, well, it's time to go.
#1: I haven't heard of any ISF thefts....And these cars are actually quite tough to steal....
2. Parts have decreased for these cars!!!! Embarrassing for them to even tell you that.
3. What?!! How does that even make sense?!!!?!?
Your premium is within a few bucks of what I'm paying for 5 vehicles, full coverage, $500 deductibles (GEICO). Been insured with them for 11 years now though.
Definitely time to got insurance shopping and drop eSurance.
V.
#13
Racer
Thread Starter
I know they are blowing smoke, which is why I kicked them to the curb.
The only thing that's going against me is my minor accident back in April 2015. That will come off the books next Spring.
I left MetLife because their service sucked and went with esurance because their service is good. Didn't figure out they will hike my rates for no reason. Maybe they didn't get enough Christmas presents.
Furthermore, AllState owns esurance and got me a better rate. I just need to transfer the house under their policy and I'm all set.
The only thing that's going against me is my minor accident back in April 2015. That will come off the books next Spring.
I left MetLife because their service sucked and went with esurance because their service is good. Didn't figure out they will hike my rates for no reason. Maybe they didn't get enough Christmas presents.
Furthermore, AllState owns esurance and got me a better rate. I just need to transfer the house under their policy and I'm all set.
#14
Racer
Thread Starter
Alright, I think I got the answer:
http://www.chicagobusiness.com/artic...outing-savings
They spent too much money on advertising and had to pay out too many claims....opps......how do we get out of this mess?
Oh ya....let's raise the rates in 17 out of the 42 states we do business in.
They can go screw themselves.
http://www.chicagobusiness.com/artic...outing-savings
They spent too much money on advertising and had to pay out too many claims....opps......how do we get out of this mess?
Oh ya....let's raise the rates in 17 out of the 42 states we do business in.
They can go screw themselves.
#15
Wow, crazy. Perfect way to run customers away and go even further in the hole.
And this tells you that the "increase in thefts of this car" and "part prices have increased" were total BS, lol.
V.
And this tells you that the "increase in thefts of this car" and "part prices have increased" were total BS, lol.
V.