Are insurance companies ripping you off?
By YoungInLove
@YoungInLove (1254)
Canada
September 16, 2009 9:11am CST
I am currenty with an insurance company where I pay 130 a month for car insurance. I'm 19 and female without g class liscence so they decided 130 was my rate. In january I got in a car accident and they said it would go up like an extra 500 a year. They were WRONG! They wanted to charge me and extra 1000 a year. My insurance went from 130 a month to 275. It was absolutely unreal! I was worried that I wouldn't be able to afford to drive anymore. So I started shopping around for quotes. I called bel-air direct and the quote they gave me was 119...that's including the fact that I got in an accident!. Its amazing. That's less than I was paying pre accident with the other company. I wish I would have switched earlier but I didnt know how much cheaper I could get it somewhere else.
Makes me sort of worried though, that they can get away with this kind of stuff. Has anyone ever had a problem of the same sort?
3 responses
@gitfiddleplayer (10362)
• United States
18 Sep 09
Don't you just love the free market competition, now that GM stands for Government Motors and Dorkbama going after the health care field expect that you will not have a choice in car insurance, health insurance or medical insurance. You better shop around now and pocket the money you save because pretty soon nobody will have a choice.
@Jennlk84 (4206)
• United States
16 Sep 09
Yikes! It's kinda scary to know that, isn't it? I know insurance rates can vary quite a bit though because my husband and I just got married AND moved, so we had to do some researching on insurance. Definitely took us a while to find the best rates.
@kprofgames (3091)
• United States
16 Sep 09
Yes I have. I know there are different rates per company. Bigger companies sometimes offer better rates becasue they have more customers. But, when it came to my homeowners I got the best rate right in a local town from a person that I knew. I think it really depends on your area and what is availalbe. I know goint through a local office is sometimes nicer because claims and money is sometimes done quicker because everyone knows everyone else. It's like like taking pictures and sending a police report to a company some 3 states away and waiting till it goes through their claims division.
