Thread: Insurance Rates
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Old 01-02-2024, 03:32 PM   #58
MattZ
 
Drives: 2023 Camaro 2SS - Summit White
Join Date: May 2023
Location: Sterling Heights, MI
Posts: 24
Quote:
Originally Posted by Chris Durant View Post
Mine went from $850 every 6 months up to $1320 around 2 months ago. Gieco and they could care less, called more than 2 times, nothing they can do. They said the Government regulates these things and they were approved to raise rates 38%, so they did. She said they expect large loss's this year. Weird because if you look them up they made hundreds of millions last year. I have no claims in over 20 years and no tickets for more than 15, and the couple before that were parking tickets. The whole thing is a scam, they do not want you owning cars, this current Government. Also we called 5 major companies, all were more money, State Farm, Allstate, the only one that quoted better was Mercury, but I was not sure, so we did some research, decided to take there offer and all the sudden they were not writing new policies, another scam I am sure. This Country is run by dishonest people that let this happed to good honest average Americans. Thats my take :-)
I have a buddy who is an insurance broker and he got my rate down from almost $4500 per year for 3 cars, down to about $3600 per year for 3 cars. The yearly amount on just my 2023 2ss is $1398 (500k/500k on everything with medical coverage included)
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