variable rate on car insurance?

[///M42 sport]

I was just looking at my car insurance rates. Its like jumping from 45-85 monthly. WTF. I only have liability and no records. 30yr/o. I asked my agent about this before and his best answer is that it just varies and he has no control over it. Sounds like BS.

[erik325i]

Sounds like BS to me too. If your agent can't even explain it to you, that's not right.

[mrsleeve]

Ins. Companies are always adjusting their rates with new data and statistics. Some times it goes up a little some times down. But not by 40 bucks a month. Mine is about 44 a month and I am your age.

[u3b3rg33k]

So you're paying monthly?

I pay yearly (for my bike anyways), and the rate keeps going down every year (maximum coverage obtainable costs me $380/yr).

There was a rather large difference between paying in installments and lump sum.

[z31maniac]

Like sleeve said, the underwriters for INS companies will re-examine all data points affectng your rates everytime your policy renews.

Zip code, crime, age, sex, commute length, are just a few of the sometimes HUNDREDS of variables that affect your rates.

Your Agent is not your Underwriter, just your Salesman and servicer.

[Restoman]

Start shopping for a different insurer, that simple. They can do something about it. Oh pay at least in 6 month blocks.

[///digitalme]

fuck i pay 61 bucks its cheaper to pay every year but im tight on moneys

[ak-]

fuck i pay 61 bucks its cheaper to pay every year but im tight on moneys

I pay that much w/ AAA full coverage and I bet I'm way younger than you.

[White325is]

My insurance for my E30 is 127 a month. Thats full coverage with full tort.
Im 25 and I have lost my license atleast 3 times now. All my tickets was speeding tickets. My insurance is through state farm.

I have never had my insurance jump 40 in one month. Maybe 2-5.00 but thats it.

[Erik]

^ Damn... I wish I only paid that much. I'm 22 and I'm paying $187/mo for my WRX now. I guess it's not that bad considering statistics say I WILL crash this car. lol

[u3b3rg33k]

Hmm. Insurance company math probably looks something like this:

22y-old male
+
WRX
=
$$$$$$$$$$

unless it's a wagon, in which case:
$$$$

[Erik]

Hmm. Insurance company math probably looks something like this:

22y-old male
+
WRX
=
$$$$$$$$$$

unless it's a wagon, in which case:
$$$$

Haha it is a wagon. ;)


:D So I did get a break there.

[dvck]

I pay that much w/ AAA full coverage and I bet I'm way younger than you.

dood, you must share this information with me, i pay 62 and i barely cover my ass
and no AAA :( so i demand information spill:hitler:

[pbr87]

sounds like you're getting hosed. I've heard of 4 to 5% changes to cover things like new local and federal regulations, and inflation......but a 90% change....someone's fucking with you.

[scabzzzz]

Its funny you should mention this OP....
I have Nationwide and with my first E30, it was 42 a month. It suddenly spiked to 80 like yours, and it was just liability and comprehensive. The e36 full coverage was 60 then jumped to 89 a month.. Called this morning to take the E36 off and put the new e30 on, and its back down to 46 a month, which I am assuming will become 60-70 in a few months. No fucking clue why and my dudes are Nationwide couldnt tell me either.

OH, and Im 25 with no records. I have lost my license twice but taken care of everything. Been a clean driver for several years. Go figure.