Well, not a loophole. But a way to get a significant discount overall for the new driver once they get their own policy - a net savings when you look at it all together.
Well, not a loophole. But a way to get a significant discount overall for the new driver once they get their own policy - a net savings when you look at it all together.It's not a loophole. You are paying for the coverage of the occasional driver.
This is the insurance game in general.Yes they are. But I have always got far better rates by calling my local insurance agent, that handles many companies. Including those that do not do online quotes.
One of the best things is that the company they have me with lets you renew auto rates for the whole year, not this 6 month crap with the opportunity to raise rates twice a year.
I have used their services for car and auto since I bought my home, over 30 years ago.
Progressive will give you a great rate with a new customer discount, but the rate will usually double when you renew. I used them for motorcycle insurance, as my auto insurer didn't cover motorcycles. But I got sick of their games.
I don't think that anyone here doesn't do online quotes!Yes they are. But I have always got far better rates by calling my local insurance agent, that handles many companies. Including those that do not do online quotes.
I pay my car insurance in one lump sum once a year. I hate having monthly outgoings.One of the best things is that the company they have me with lets you renew auto rates for the whole year, not this 6 month crap with the opportunity to raise rates twice a year.
I have used their services for car and auto since I bought my home, over 30 years ago.
Similar here. Not sure credit score comes into it here though!Here, your insurance rates are based on:
Zip code
Own your house or rent
Garage the vehicle or park it outside
What the vehicle is...safety rating, repair costs, etc.
Your driving record
Your credit score
Probably a bunch of other factors I'm not remembering.
You seem a little old for a "teen driver discount"😄"Progressive will give you a great rate with a new customer discount, but the rate will usually double when you renew. I used them for motorcycle insurance, as my auto insurer didn't cover motorcycles. But I got sick of their games."
Flo's giving a me a load of discounts and my rate has either gone down, or only barely increased each 6 month renewal. The biggest increase was due to a change in vehicles which isn't a surprise.
These are just some of the discounts/rewards I see:
Current DiscountsContinuous Insurance Discount - Platinum IIFive Year Accident FreeHomeownerMulti-CarPaid in FullPaperlessSnapshot®Three Year Safe DrivingMulti Policy DiscountPriority Call RoutingTeen Driver DiscountContinuous Insurance DiscountSmall Accident ForgivenessIf I get to five years with them, other discounts/rewards drop in.
I didn't say it doubled each time, just when you lost the new customer discount. I'm sure it's changed, I have not used them since 2012."Progressive will give you a great rate with a new customer discount, but the rate will usually double when you renew. I used them for motorcycle insurance, as my auto insurer didn't cover motorcycles. But I got sick of their games."
Flo's giving a me a load of discounts and my rate has either gone down, or only barely increased each 6 month renewal. The biggest increase was due to a change in vehicles which isn't a surprise.
These are just some of the discounts/rewards I see:
Current DiscountsContinuous Insurance Discount - Platinum IIFive Year Accident FreeHomeownerMulti-CarPaid in FullPaperlessSnapshot®Three Year Safe DrivingMulti Policy DiscountPriority Call RoutingTeen Driver DiscountContinuous Insurance DiscountSmall Accident ForgivenessIf I get to five years with them, other discounts/rewards drop in.
We have 2 vehicles here. Both me and wife in our 40s no kids, no traffic citations.I shopped around recently and found no real price breaks. I'm 56 with no accidents and a clean record. In 1984 I got a 1980 Kawasaki KZ650 motorcycle and I paid $250 a month for full coverage. I pretty much worked to ride a motorcycle during high school. My parents would only have helped if I got a car, not a cycle. $100 a month now seems reasonable for almost anything lol
I don't. I want my agent close....just in case.... She's a broker anyway.I don't think that anyone here doesn't do online quotes!
I pay my car insurance in one lump sum once a year. I hate having monthly outgoings.
No... My grandfather was a veteran. But he passed a few years ago and he wasn't on a USAA plan and nor was my mother.Are you/your significant other OR either of your parents veterans?
If so call USAA stat .... their rates were HALF (or less!) of every other company I tried last time around and for superior customer service too.
What if you're not speaking to your veteran parent? Are you still able to qualify?Are you/your significant other OR either of your parents veterans?
If so call USAA stat .... their rates were HALF (or less!) of every other company I tried last time around and for superior customer service too.
I think so, as long as you've got the pertinent details.What if you're not speaking to your veteran parent? Are you still able to qualify?
P.S. I'm glad to see you're still around Sonikku. I always enjoyed reading your thoughtful posts.
As long as you can prove it with documents of some sorts, then you should be goodWhat if you're not speaking to your veteran parent? Are you still able to qualify?
P.S. I'm glad to see you're still around Sonikku. I always enjoyed reading your thoughtful posts.
I don't know what op meant, but if his name was on the policy as occasional driver he was insured and it would count.
Over here you just stick your details into one of those sites and they go through all the insurance providers then gives you a list that you can order by cost (or anything else). Then when you click on one it takes you to that companies website and you fill a few more details in and you're insured.
It's pretty handy even if you don't want to change providers but do want to argue the cost down.
Also, drive carefully. Be careful to have no accidents and no moving traffic violations. Keeping your record clean will help keep your car insurance bills down. Myself, I have very low mileage, which helps alot. My insurance company has a tier for driving under 3000 miles/year.It's all about where you drive, how far you drive, what you drive and how long you've been driving.
Rates will vary wildly between companies.
Maybe it depends on the state: in MA, there are some companies that really only offer coverage through agents (no online quotes), and I've seen some report savings by using independent agents to compare between the biggest companies and those regional no-internet-quoting companies. In short, YMMV.Yeah the insurance companies realized they could get greedy like all the other assholes. Which they always could, but seems like they took the opportunity to finally just go for the "inflation" bump. It varies some by state (Florida was notorious because of rampant insurance fraud), but just in like the last 6 months car insurance has gone bonkers everywhere. Which, not sure if it was smart of them to wait til car prices started to fall, or if they missed their chance (and people will use this as extra reason to maybe start considering ditching their car entirely). Guess we'll see.
In Arizona, I tried shopping around but Progressive consistently offers the best price unless you just want the cheapest coverage, which would've ended up costing us more money since Progressive covered it when the catalytic converter got stolen (which alone would've negate like 5 years of savings from cheaper coverage). State Farm offered much better home/renter's insurance though. It was seriously like 1/4th the cost that Progressive was offering even when bundling. On the flipside, State Farm was not competitive in car insurance (had agents try to convince me they'd save me all this money until I saw the coverage, and of course Progressive was cheaper still if I went with that lower level of coverage).
I also have not noticed much real difference from quoting online versus talking to agents. In my experience the agents feel you out for if you're looking to save money (where they'll push you to pretty barebones coverage) or they won't offer you good deals if they see you're more concerned about getting best coverage. I'm sure there's exceptions, especially if you know someone, and probably could do better if you checked a bunch of different companies, but trying to do that often is just too much hassle. Which sure, is the point of independent agents, but they didn't offer enough in my experience to be worth it.
Credit score matters in California. I got into a bit of an argument with an agent when he wanted to check my credit. I pointed out that I was paying for a year in advance and that I should be checking his credit. After some back and forth he admitted that credit score had significant bearing on the cost of the policy.Similar here. Not sure credit score comes into it here though!
Dickheads in the state legislature. Same here with the credit score. The peeps that have the ability to be state reps tend to be lawyers and insurance guys. YMMV. So, imagine that, the laws benefit them.Credit score matters in California. I got into a bit of an argument with an agent when he wanted to check my credit. I pointed out that I was paying for a year in advance and that I should be checking his credit. After some back and forth he admitted that credit score had significant bearing on the cost of the policy.
In California, my pickup had to be registered as a commercial vehicle, which upped my rates, here in Mississippi it's registered as a passenger vehicle. I don't know why there is a difference.