- Jul 11, 2001
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My policy is with Mercury. I posted my insurance agent yesterday about this time:
My auto insurance payment is due today. Looking at my data I see that they have been increasing my bill tremendously. My full payment (which I
paid) in April 2023 was $238.88. The next payment, which I paid October
2023 was 23% higher, at $293.88. The one they want me to pay by today is 18% higher than October's at $346.88. That's a 45% increase over one year! My driving record is spotless in every aspect. I have been driving well under 1000 miles/year. How is it they want me to pay ~$1.00/mile for insurance? I'm going to call you shortly.
His reply shortly thereafter:
I double checked your policy and you are receiving all of the same discounts. The annual mileage is estimated to be 671 which is the bottom price tier of zero to three thousand.
California is in a full blown crisis for both auto and property insurance presently. Every single carrier, not just yours, have taken hefty rate increases lately. And there is no "shopping around" like there used to be. Every other auto carrier we represent is closed for new clients. This includes Progressive, Travelers, Safeco, Nationwide (leaving California 9/1/2024) and Stillwater Insurance.
If I can think of anything to lower the price I will let you know. But for now, things are pretty grim.
My auto insurance payment is due today. Looking at my data I see that they have been increasing my bill tremendously. My full payment (which I
paid) in April 2023 was $238.88. The next payment, which I paid October
2023 was 23% higher, at $293.88. The one they want me to pay by today is 18% higher than October's at $346.88. That's a 45% increase over one year! My driving record is spotless in every aspect. I have been driving well under 1000 miles/year. How is it they want me to pay ~$1.00/mile for insurance? I'm going to call you shortly.
His reply shortly thereafter:
I double checked your policy and you are receiving all of the same discounts. The annual mileage is estimated to be 671 which is the bottom price tier of zero to three thousand.
California is in a full blown crisis for both auto and property insurance presently. Every single carrier, not just yours, have taken hefty rate increases lately. And there is no "shopping around" like there used to be. Every other auto carrier we represent is closed for new clients. This includes Progressive, Travelers, Safeco, Nationwide (leaving California 9/1/2024) and Stillwater Insurance.
If I can think of anything to lower the price I will let you know. But for now, things are pretty grim.