Why do auto insurance companies request rate increase approvals from state regulators and not the consumers?
Found out State Farm has recently jacked up its auto rates in Washington State and wanted to know why I did not know before hand- Because they are not required to do so. If the law did not require them to get approval from the regulators, they would not do that either
- Because the state regulators, by law, must approve the rates, before they can be used. If a consumer doesn't "approve" of the rate, they do not have to buy that insurance. Consumers vote with their dollars - by getting car insurance from a different company
- The insurance company is obligated to the state to justify rate increases or decreases, not to the client. Similiarly, you are not obligated to the company to stay with them when they increase the rates. Go to Nationwide or Hartford. They are great companies. State Farm is awful
- Because they are regulated by the states, not by you
- That is like asking the store owner to set the prices according to the customers desire to only pay like 2 cents
Knowledge Base
If you were given a vehicle as a gift. How can you get a new le with out auto insurance?
my friend gave me a car as a gift, and i do not have the money to insure it right now. my friend already sign the car over to me, how can i get a new le in my name with out the auto insurance?. you can get a new (new auto insurance)
What is the best website to reseach and compare auto insurance quotes?
what is a good website to use when researching auto insurance. one where i can get numerous rates from various insurers and compare them with each other?. insweb.com. perhaps you may google it first, however, if you like some direct resource, here insurancefreetip.info might be your choosing. carinsurancequotes. tv is (automobile insurance)
Looking in to new Auto Insurance, with country insurnace and financial services?
my boyfriend and i live togeather and have three vehicles, a mazda car, dodge truck and yahama street bike we both have insurance policys with state farm and we both are very happy all our insurance policys are seperate the car in my name with my agent the truck in (auto insurance rate)
Knowledge Base: Auto Insurance
How and where do you get cheap auto insurance rate?
does anybody know where to get cheap auto insurance for a 18year old?. look at the commercials. there are a bunch of websites where all you have to do is fill out a short form and they will give you an estimate from a bunch of different companies. you can (automobile insurance)
Where can i find free auto insurance quotes?
go to general and save some time. i recommend you this site where you can compare quotes so you can find the best option for you cheapinsurance. notlong.com. try this site usainsurancequotes.net / here you can compare quotes from different companies (auto insurance quotes)
Do you get cheap auto insurance rate and from what company?
how do you get cheap auto insurance rate and from what company?. whatever you do, do not buy from a cheap insurance company. if you buy insurance from a lesser - known company and something happens to your vehicle accident, theft, etc. , generally it's pretty difficult to collect what's (auto insurance)
where can i get the cheapest auto insurance accident quotes?
my name is darlington i want to buy a car and i would like to have an auto insurance quote that is affordable and cheap. here we go again / these type of questions just generate spam ads for online insurance companys / your insurance is local / go to (automobile insurance)
where can i find free auto insurance quotes?
progressive.com / insurance / cre / search. aspx?code=9003900032&se=yahoo&cmp=cw - brand terms&adgr= cw - brand - brand terms&kwd=progressive.com&ysmwa=awoxdpiweenfpkomgq4ljlgont7d_axv15jz8kljpttcgvyatceaxmy - t7uznthl& they are affordable and you can name your own price. it is cheaper when you get it online. as an insurance agent i can tell you that you should never have (new auto insurance)
Knowledge Base: Auto Insurance Rate
Will my auto insurance rate rise if someone on my policy gets in an accident?
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)
Is it OK to lie about being married to get a lower auto insurance rate?
my insurer gives me a much lower auto insurance quote if i say that i am married. i could say that my imaginary partner doesn't even drive. are there any consequences to listing myself as married? can it come back to bite me?. that would be insurance fraud and it (auto insurance rate)
Will a comp claim cause an auto insurance rate to increase?
scenario: a drunk guy vandalized someone's car in a fit of rage. i have a few questions. #1. do the police need to be involved in order for the victim to file a comp claim with his auto insurance? #2. can a comp claim cause the victim's insurance rate to (auto insurance rate)
Will this affect my auto insurance rate?
i acci ly hit a poll, no one was injured. only damage to my front bumper. i went to a body shop and the estimate is ~$2000. my deductible is $500. should i go through my insurance or just pay it out of pocket? will a claim automatically make my (auto insurance rate)
Would I get a better auto insurance rate if I combine my car with my parents current policy?
only catch is i am 28 years old going on 29. i was not sure if there were any age restrictions on combining policies with my parents who are senior citizens. i am simply looking for a better rate becuase my record is terrible. my parents live in my home (auto insurance rate)
