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In 2003 when I shopped around for insurace Geico was the highest quote I got, by a LONG shot. Progressive was right behind them. I currently have State Farm but I shop around once every 3 or 4 years because they all change. I won't ever even ask Geico or Progressive anymore though.
When I traded my 14 Mustang for my 16 Camaro my rates only went up by $12 every 6 months. The biggest determining factors of insurance rates, if all other things remain the same referring to my parenthesis, are value of the car and safety ratings of the car (Rates are also determined by where you live and how you will drive the car, work, average annual mileage, etc. And of course your age, credit score, and driving record), This only makes sense as you are paying them to replace the car and pay for injuries.
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Life after retirement |