Why did geico increase my auto insurance rate for no reason?
- It seems like most insurance companies are doing an across the board increase in different states. Hard times and all, I guess. Check for lower rates at another company, you might get lucky and find a better deal
- Andrew, unfortunately most states allow insurance companies to request rate increases twice each year. And even more unfortunately, they are almost always approved as long as it's what the state insurance department considers "within reason". You can contact the Texas Dept of Insurance tdi. state. tx. us to see if any other companies filed for and / or were approved for a rate increase - they will know. Or else you can go to trustedchoice.com and enter in your zip code - they will find a license, professional insurance agent in your area who can help you. They would also know if any companies filed for a rate increase in your state. Plus, they will have access to multiple insurance companies if you want a quote - they will do all the shopping for you
- Individual insurance companies raise rates as they wish. Just because one company raised rates in Texas does not mean that other companies raised their rates. Maybe you should be calling around for a better rate?
Knowledge Base
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Knowledge Base: Auto Insurance
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Knowledge Base: Auto Insurance Rate
if i add someone onto my auto insurance policy and that person gets in an accident, will my rate climb. if it does can i remove that person from my policy to keep my rate the same. it depends on the company. most companies will raise your monthly payments, but (auto insurance rate)
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