Tag Archives: Auto Rates
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 didn’t know before hand. 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 … Continue reading
Why is it that health insurance rates are not based on gender whereas auto insurance rates are?
Au contraire .. females, whether child rearing age or not, are rated higher on individual health insurance policies. Even if maternity is not included as a coverage, the rates are higher. Females do get cheaper life insurance rates. Usually after age 30, males & females get the same auto rates. The higher rates are a … Continue reading
Will my auto insurance rates go up if the accident is not my fault?
I live in texas and a year ago, rear ended a vehicle in a low speed accident. They made a claim, but I did not. My insurance rates did not go up. Today, I was hit from behind on the ice. The vehicle, a jeep, drove away as I was trying to gain traction and … Continue reading