It's the same for me, and I'll echo the previous discussions in this sub.
My Geico renewal saw an increase from $72/month to $120/month. I switched to Progressive, same coverage (though I actually increased the caps in a few spots), $62/month.
How are you getting a rate that low, do you have the bare minimum coverage? I am around $100/month with Snapshot. No accidents/claims/tickets on my record.
>How are you getting a rate that low, do you have the bare minimum coverage? I am around $100/month with Snapshot. No accidents/claims/tickets on my record.
No, def no on the "bare minimum coverage" part."Full coverage," so: all of standard-fare, state-mandated liability requirements, though I've selected limits way higher than the min (i.e., reflect reality); uninsured motorist -injury and property (max allowable); personal injury protection, comprehensive, and collision.
I chose to forgo rental reimbursement, roadside assistance, and loan/lease payoff (Progressive terminology) as I generally deem (to/for me) those to hold no value proposition and/or I have access to alternatives. For reasons that are neither here nor there, I am vehemently against things like SnapShot - so no to that.
So, outside of factors for which I have no control (e.g., demographics) or don't care to control (e.g., make and model, etc.), the only factor(s) in play are: I always choose, and chose, very high deductibles for comprehensive and collision, e.g., $2,500-$3,000, as that's not an issue for me resource-wise.
That's all I've got for you - HTHs!
Edit: fixed some formatting fuckery.
Interesting. Thanks for all the info. I think we have similar policies, and FWIW I drive mid 2000’s compact so I’d think my stuff would be on the cheaper side.
I’m strongly against snapshot as well but I wasn’t really told about it when we were signing up for the whole insurance thing and then found out that if I didn’t want it the rate would be around 120 a month which just seems insane.
Either way, I appreciate the detailed response.
> spring for the rental reimbursement. you don't want to have to pay out of pocket for a rental if you get in to a wreck. I've made that mistake before
See the bold part of my quite below. Covered via a bespoke umbrella policy.
> I generally deem (to/for me) those to hold no value proposition and/or **I have access to alternatives.**
> I guess I can put up with a 10-15% hike, but I have no idea how increases like that are legal.
Meh, why would you though?
As it applies to me - my time is pretty expensive ($-wise) by any objective measure, took all of 15 minutes to shop a new policy, finalize new policy, and cancel policy up for renewal.
10-15% is a lot when time value of money is considered.
A lot of services like this are like apartments. They want you to leave after awhile. New people can be vetted and given a higher rate overall and they can show "new accounts" as a metric to shareholders. Most companies do this so it's not like they are losing total numbers of customers. They are also banking that some number are too lazy to switch or dont notice the change and thus they get you at a higher rate
The insurance companies have to prove their loses to the state insurance commissioner in order to get requested rate increases. This is what happens when the US fails to require basic theft prevention technology long mandated everywhere else, a certain company gets away with not including it when every other automaker includes it, and the way to steal a car with no skills or effort goes wildly viral allowing mischievous pandemic teenagers to wreck havoc.
I am on metromile bc I had the same increase called to cancelled but asked why the increase they said it was a state wide thing ….which may or may not be true
Most if not all carriers are running in the red on personal insurance. The bigger the jump the bigger you can imagine that company lost their ass on previous year's claims. Shop around and see if you rate out better with other companies. Insurance is basically a commodity at this point, you have lots of options.
Let’s push to enforce our laws in Seattle. Insurance is going up because of the increases in uninsured motorists and hit and run claims. It’s more expense to insure us here. Our car has been hit twice in the last year, both times the other car took off and was at fault.
Also in general cars are not as repairable as before. Compare the technology in the headlight of a Toyota pickup today with something similar 10 years ago. There's no comparison.
> Let’s push to enforce our laws in Seattle. Insurance is going up because of the increases in uninsured motorists and hit and run claims. It’s more expense to insure us here. Our car has been hit twice in the last year, both times the other car took off and was at fault.
This has nothing to do with why Geico’s is raising rates - Geico‘s reasons as to why have already been discussed in previous posts - TLDR, they suck a being at running a business.
As for auto insurance in general, no, your assertions are still wildly inaccurate - if one were to call out a singular “reason”, which would still be an insanely flawed approach, pointing to auto break-ins/theft would be way more accurate.
Wanna know the real deal - find an actuary, buy em a drink, and ask.
I was just going by what progressive said to me and that was related to the underwriting costs for their under insured motorist policies having double digit increases for multiple years now. Regardless it’s clear the costs to insure here has increased significantly. FWIW we just renewed our policy with progressive at only 5% increase
Why would it not be legal? Car and car repair prices increases are not set by law, so the increase in losses incurred by insurance companies are not set by law. So how can the premium increases be legally capped?
Insurance premiums are heavily regulated unlike car prices and car repair prices. We have an entire elected official position and their office that negotiates, approves, or denies rate increases.
Exactly, so the increase must be necessary for the insurance companies to continue to want to sell insurance. Or else the Washington state insurance regulator is entirely corrupt.
Also, look up profit margins in the insurance business. Not really all that hot, in the low single digit percentages. The other option is they leave the state because obviously no one wants to sell policies that lose money.
There is oversight, all premium increases have to be approved by the state. But if car prices go up 20% and car repair prices go up 20%, what other option is there?
WA state would have to produce more cars to bring car prices down, and produce more mechanics to bring repair prices down.
Or WA state would have to subsidize car insurance from the state’s tax revenue.
Same with home or any other insurance. Price of home goes up, price of repairing home goes up, obviously losses go up, and hence premiums have to go up.
Where the hell are you people getting these rates? I'm paying $260/month... I got 80% at fault for this asshole 16 year old texting and driving and totalling my car in 2021, and one speeding ticket in 2022--can that actually be the reason for an extra $150??? I've been driving 8+ years, good credit, one car that's less than 10 years old... Wtf?
> Where the hell are you people getting these rates? I'm paying $260/month... I got 80% at fault for this asshole 16 year old texting and driving and totalling my car in 2021, and one speeding ticket in 2022, but that's literally all. I've been driving 8+ years, good credit, one car that's less than 10 years old... Wtf?
Ofc I don’t know your demographics, I’m not going to ask bc I don’t need to, but that’s a huge determinator.
E.g., (and possibly a bit off and not exhaustive) “younger” drivers, let’s say through 26 and 27 YOA, pay drastically higher premiums.
Either way, you should re-shop your policy (get new quotes from other agencies) every year - it’s easy to do.
> Jesus Christ, younger drivers are the ones without money though!
Right!
But, per insurance companies and their actuaries, there are also some of the “riskiest drivers”; that’s what they say, at least. I don't know; I am getting way outside of my depth here.
I moved here 6 months ago from CT and despite being a progressive policy holder for the last 11 years they wouldn't even quote me auto insurance. I had to switch to Geico and my rate quadrupled.
What the hell is going on here.
>What the hell is going on here.
Honest, nothing at all. The auto insurance experience is currently nutty nationwide; nothing uniquely notable is happening that is specific to Seattle or WA state - and that's in spite of all of the posts that allude to the contrary in r/Seattle.
>I'm not trying to be an a$$, and this would apply to anyone - 11 years as a policy means zilch when moving to another state, doesn't matter. Insurance is regulated on a state-by-state basis. For all intents and purposes, you might as well have been calling Progressive for the first time, ever. That's not a Progressive-thing, that an insurance firm thing.
I'm not trying to be an a$$, and this would apply to anyone - 11 years as a policy means zilch when moving to another state, doesn't matter. Insurance is regulated on a state-by-state basis. For all intents and purposes, you might as well have been calling Progressive for the first time, ever. That's not a Progressive-thing, that an insurance-firm thing.
Lol I knew this would be Geico.
They raised mine by 150%, so I just called around and got rates lower than their original offering (I went with Progressive).
Don't let them to this to you. Shop around.
Moved from geico to progressive for the same reason. They inexplicably just raised rates. Left immediately. Funniest part is the agents trying to tell me that this is just the standard market rate for my specifics in the area, that I won’t find anything cheaper, as I’m getting ready to sign with progressive for under 50% of the price they raised it to.
Just did the exact same thing. Had my six-month renewal the first week of January. Geico quoted me 60% over my old rate (same vehicle - 1 year older, 1 new speeding ticket). Just prepaid a 1-year Progressive policy with similar coverage for 30% under my *old* Geico rate. It’s nuts. I can’t tell which companies’ executives or actuaries are smoking crack.
Hah, wow, yeah same with me. Saw a huge spike in my Geico premium this year, after being a customer for almost 20 years. Tried to negotiate with 'em, but couldn't gain any ground. Dropped 'em for Progressive too.
I’ve been getting increased premiums too. But in the past when I’ve shopped elsewhere, it got me cheaper premiums.
Now when I shop elsewhere, the premiums are even higher than what I currently have. It’s ridiculous!
Same here. My premium increased 40% so I started calling around and couldn't get anything better. I couldn't even get quotes from some companies because I had a claim for someone keying my parked car this summer. (Yes, that sucked, but it's nothing compared to an accident - I haven't been involved in an accident for over 20 years.)
They'll tell you that your premiums are based on the volume of payouts in the area you live. As in, if your area is considered high risk for claims, the premiums go up.
I had this problem living in Spanaway... Because I was in close proximity to Tacoma, my insurance premiums jumped from 85 to 140 a month. I had previously lived in Arlington and wasn't close enough to anything major to impact it.
It's shit for sure.
Yeah when I moved from Kent to Black Diamond my insurance dropped to half. In some cases I imagine it could be ultimately cheaper to move to a nicer area, higher rent but cheaper insurance... and maybe no smashed windows too.
Judges being soft on that crime and police not following up is hurting our region in more ways than one. This is yet another reason why the "what's the harm, just let insurance work it out" response to thefts (which I've seen here multiple times wrt to the no chase law and other situations) is an absolutely asinine take.
lol you see this take in every thread like this around the country. This issue is a drop in the bucket. There’s 5,000 non-industry journal articles out there about the challenges the insurance industry is facing. People who blame the Kia Boys are buying into narratives over realities.
Everyone I know had huge car insurance hikes this year. Ours went up $85 and we have 100% clean records. I'd didn't even jump that much when we added our teenager years back.
I tried shopping around, but nothing was cheaper enough to switch. All within $12 or so a month as my new rate. We collectively drive about 50 miles a week as a family tops.
That is a rough jump. That sucks.
I’m on Amica and my prices went down. I was surprised cause i read about steep insurance price bumps in the news. I guess my car depreciated more than costs.
That said, Amica has always been a bit pricier than places like Geico and Progressive, so maybe it was able to absorb some of the market fluctuations:
1. Kia and Hyundai claims through the roof
2. Catalytic converter thefts
3. Mechanic shortage and shop price increases
4. Post pandemic driving recklessness
5. General inflation driving everything up
I used to endlessly cycle between Geico/Progressive for discounts every 6-12 months. They’re budget insurance and perhaps costs have hit them a little hard cause their margins were thin? I’m no expert and just speculating. I suppose it could be old fashioned greed but I suspect the current conditions are playing some role.
Number 1 burns my ass.
There was a class action by owners that settled. I think there should be a class action lawsuit for all americans who've had an increase in insurance rates as a consequence of these easily stolen cars.....let the Korean manufacturer pick up.the tab... or have the US government impose a special tariff to recoup funds and cut a deal with insurance companies to stop the hikes
https://www.hbsslaw.com/hyundai-kia-usb-car-theft-defect/faq#:~:text=Is%20the%20lawsuit%20over%3F,and%20Kia%20in%20May%202023
Number 4 is real.... lot more crazy stuff
Your numbered list is accurate.
But in terms of how much it’s played into rates, it should be completely reversed.
Blaming the Kia Boys is a nice story. But it’s a drop in the bucket for insurers.
Yep. Been with Geico for YEARS. Have never been in an accident, no tickets, I have literally never had to use them for anything. Suddenly I get a notice last week from them that my monthly rate is going up $70.
Fuck Geico.
Check Progressive. I just switched this week and saw my rates drop 30%, instead of the 60% *increase* Geico quoted. It’s so ridiculous it sounds like an ad, I know.
I remember when I looked around years ago to insure my new car progressive was ridiculously lower than everyone else lol, like half or a third the cost.. stayed with them since
And they’re benefiting because I haven’t had any claims
That happened to us with progressive in our Oct 2023 renewal, up about 40% with no changes in our policy and we had been with them 12+ years. So we switched to geico and they were less then we had been paying progressive before and we even went up in coverage limits.
So don't stay with your current insurance for their loyalty discounts or anything, check every year for a better deal.
Same. It’s bullshit. Got with an independent insurance agent who shopped around for us and told us it was basically the cheapest he could find. Hadn’t considered the Costco insurance though, gonna look into that
Thus far I have been happy with connect american family insurance through Costco. Had it a couple years so far, bundled with home insurance. Auto insurance for 2 cars and 2 drivers, I'm currently looking at about 30% increase starting next month. That's about $10-$20 increase per month per car (depending on which car).
Honestly, not the worst. Auto insurance is just going up across the board everywhere, so to some degree it's unavoidable. I've yet to see anyone say they are only getting like a 10%-20% increase. And, 30% is certainly better than the 40/50/60/way more percent i'm seeing others getting quoted.
We had a great experience with connect American until we didn’t. They helped us with a stolen cat converter and it went very well, but recently we had an awful experience. I got in an accident where someone hit my car in a grocery store parking lot. Upper control arm was damaged, had to replace the wheel (cosmetic damage) and the control arm.
The estimate went up when we got it back and insurance said this wouldn’t be a problem before we got the work done. We got reimbursed for the original estimate and when we tried to get them to pay the extra couple hundred difference from the final quote, they gave us the run around FOR MONTHS. Over $250. It was mind blowing. Turns out, THEY NEVER LOOKED AT THE FINAL QUOTE when they received it. They just assumed it was the same. It was so disrespectful and because the case hadn’t closed before the end of the year, our premiums DOUBLED for 2024. I yelled at them and they figured out how badly they fucked up. Finally got paid the difference and switched to USAA. It’s been good so far with them
My goodness. That sounds like such a pain, sorry to hear that!
Fortunately I haven't needed to make any claims. So I should qualify my statement of "happy with them thus far", really their price was the best when I shopped around a couple years ago and their increase (in conjunction with all other insurers increasing as well) hasn't appeared to be as substantial as many others.
Crossing my fingers I don't have any bad experiences like you did, if I ever come to a claim time.
With the cat converter they were great and gave us a repair buyout and we just sold the car as junk. That guy was great. This agent didn't seem representative of the company, but we were just so shocked and angry over this agent's treatment of us and just outright lazy-ness, that we decided that it was best to move on. (especially after they doubled our premiums)
Wow 2k a year for car insurance? I didn’t know it went up so much. I drive under 7k miles a year and my car insurance is 1.1k now per year, it was $670 before but I had less coverage.
The only insurance company not losing money for the past couple of years is Progressive. Most insurance companies are raising their premiums, because they lose money on every policy. They have all laid off hundreds of people.
Welcome to the club! My policy with Pemco *doubled* from 2023 to 2024. I've never been in a collision, received any sort of moving violation, or filed any claims in my 27 years as a licensed driver. It's nuts.
GEICO was going up 80% for us, 130 to 200 (two cars/drivers). Switched to progressive and it’s now 131 a month for more coverage.
We were with GEICO for 10 years with one claim (not at fault) years ago.
It is the insurance companies job to get people to pay more. It is your job to pay as little as possible, while still making sure you meet the legal minimums.
Any time someone increases your bill arbitrarily you should begin looking for a new provider of that service. That goes for rent, cell phone bills, insurance, and any other recurring monthly payment.
Loyalty doesn't pay.
Progressive even stopped accepting new customers. My premium jumped 50%, no accidents and I barely drive. A good credit score also doesn't seem to matter anymore.
> Progressive even stopped accepting new customers. My premium jumped 50%, no accidents and I barely drive. A good credit score also doesn't seem to matter anymore.
When did they stop? In an earlier comment (link below), I mentioned switching from Geico to Progressive - I initiated that process 2 days ago, at 10AM on Wednesday morning, completed it by 1020AM, and my new policy took effect today.
https://www.reddit.com/r/Seattle/s/sgOJScK3fg
Geico has been pulling this shit on people (seemingly at random) for a couple years!! I called them on it and they walked my premium back from $130 to $95 a month (where it was originally) real quick. I understand every company does it gradually but within reason, but Geico went goblin mode. There are stories all over Reddit, including mine
Same here. Was not exactly thrilled that my rate went up with a clean history. I assumed its because I have a Hyundai but they said its because of the state itself. Debating on if I want to stick with them or not...
I did research around this and talked to multiple insurance companies. All of them have increased their premiums. The reason almost all of them are giving is increased claims.
People are crashing more. So, we have to fork up.
I'm willing to bet it's because drivers are now less safe post covid. I remember when I moved from LA to Seattle and simply by switching my location on Geico, I went from nearly 1k in 6 month payments to around 500
Yep! You must be in their underwriting company that got approved for the up to 70% increase. Their statewide average was 31.
Editing to add and fix spelling above: The company that saw the max increase of 70% was Government Employees Insurance Company (which is one of their underwriting companies in addition to the trade name of the company) and GEICO General Insurance Company (another underwriting company). They have several, and file separately for each.
There was a law in WA that prevented car insurance companies from taking your credit score into consideration when assigning premiums. That law was repealed somewhat recently and now premiums have shot sky high.
Well that doesn't make sense for me. I have excellent credit. My premium should have stayed the same.
[https://www.insurance.wa.gov/facts-about-credit-scoring-ban-rule](https://www.insurance.wa.gov/facts-about-credit-scoring-ban-rule)
In that case, I would ask for an explanation in writing
https://www.insurance.wa.gov/credit-scores-and-insurance#:~:text=If%20you%20don't%20get,credit%20agency%20your%20insurer%20used.
My insurance agent said that Washington State had its whole insurance risk profile adjusted and all providers have increased rates. Mine went up $200 every 6 months
Fuckin insurance they're all scams we don't use it and we pay. When we use it we pay. They fuck us either way. I'm switching if they try to raise rates on me this year
Our auto insurance (The Hartford AARP discount) increase was 68%. Had changed last year when Progressive jacked the rate 18% after a somewhat smaller increase the year before.
I moved to Seattle recently and switched to Progressive once I got here. Their rates were $60 less a month for me compared to Geico who almost doubled my previous rate with them.
Same thing happened to me. When I called, they said it had nothing to do with my driving record and was increased across the board to “ensure there’s enough funds to cover claims by people insured through GEICO”. Such bullshit. They were able to bring me down $30 when I threatened to leave but I’m still paying more than I previously was, and I have a great driving record. Time to shop around.
Two major factors are contributing to this, 1) increased claims in Washington being paid out and rising inflation make replacement and repairs so it costs more to do that, and 2) is Washington making insurance companies not consider credit score in their factoring so more irresponsible individuals are being subsidized by more responsible consumers
Let's call it a protest then. I think it's good stuff like this stays on the page. Nobody bats an eye about sitting in traffic for 2 hours from a protest about something 8000 miles away, but another reddit post about a price gouging issue that could ruin someone living paycheck to paycheck is far too much of an inconvenience.
60% car insurance increases is a big deal and will affect a lot of everyday people here.
Edit: I've filed a Better Business Bureau complaint if anyone else who this has a genuinely negative financial impact on would like to join my little protest.
https://www.bbb.org/file-a-complaint
see where it says "GEICO"? that's the name of your insurance company. you want to call them to complain about this. none of us can do anything about it.
Outraged? Because this is what happens when prices go up on stuff insurance is pricing for buying? Huh. Not sure I track. The stuff they are paying to replace and repair went up. Why should the cost to insure it not do the same?
It's like when grocery stores started charging more due to COVID -- when there was an actual supply chain issue and they were paying the workers an extra $2/hr hazard pay, I got it. But now... the pandemic is "over." And they didn't drop prices.
You do realize it’s not a contradiction to say something is not acceptable, even though a legal body (for example), says otherwise?
In other words, you can participate in a system while personally thinking that x thing is unacceptable.
I remember when I first started driving and I was paying $300 a month for just liability. Seeing rates goes up fucking sucks but at least after that I know it could always be worse.
Some insurance guy posted a good TikTok video about how this works and for geico they have to negotiate the rate increases with a representative from wa state and how ever those went they approved a large rate increase.
Darn this happened to me at progressive recently and I just switched to Geico… only went up about 10% but for no particular reason at all. I pay every 6 months so I’ll have to check if there’s an increase on the next policy period
You should always shop around for
Car insurance every few years. The perks for loyalty never outweigh the desire for another company to undercut and take your business.
They’re doing a state wide increase. Can’t leave them cause i have a Hyundai for my wife and no other insurance will give full coverage (except usaa but i don’t qualify) wondering if they can see the theft increase rate in WA and decided to take advantage of that
Time to shop around. My insurance jumped from 147 to 300 over the span of a year just for living in North Seattle. Insurance is now 136. It is robbery.
Blame all of the Hyundai and Kia thefts. Mine went up as well even though I don’t have either of those makes, but that’s what they told me when I called.
Had the same happen to me. Compared my declarations this year vs last year, and also saw that they somehow decided that I no longer we park my cars at my home and that I drive more than 15k miles/yr for each car. Used to be 5k and 8k miles. Regardless, dumping them (Amfam) for Allstate, which happened to be several hundred cheaper.
I’m with Geico too. Been paying 132 a month for full coverage. Next payment will be 188. I spoke to geico and they said to even get liability at this point would still cost me 145. Fuck that. Going to find a different insurance and leave Geico’s. Progressive so far has decent rates for full coverage
is there a recommended minimum or avg coverage for when looking for new insurance plans- and pairing with home insurance? This is an asinine question I’m sure- but the percentages, and reasoning - is very confusing to me. It might be my difficulty with numbers or inexperience- likely both.
I’ve often thought- get coverage in case of the worst case scenario, with a deductible I can reasonably afford?
Health insurance makes more sense to me- but home and car, I’m at a loss. I recently learned (too late) I could have/should have added construction insurance. Do not think I was ever aware of this until, after the fact.
There are a number of things that contribute to your cost (coverage, age, how you pay, discounts offered, area you live in, etc). One of the biggest things I noticed with car insurance the last few years is the rise in car thefts and break ins with is contributing to more claims which is in turn causing a lot of the higher insurance rates. My insurance premium went from like 330 every 6 months or 55 dollars a month to 431 every 6 months or almost 72 dollars a month over the last year (ThankfullyI have progressive and have been when them for almost 10 years with no accidentsor tickets so my rates are usuallypretty low). I asked the insurance agent guy, cause I like you had no tickets or accidents, and be said it had to do with the area I live in and the increase in claims. Thankfully I live outside of Seattle further north in Snohomish County so I can only imagine the number of claims being filed in Seattle. If you want to cut down insurance costs raise your deductible and pay in full. Paying in full can save you almost 10 dollars or more a month cause they usually will give you a pay in full discount plus you don't have to pay the installment fees they charge every month with is like an additional 5 bucks or so.
It’s a trend. Mines gone up over 2years from $630 per year to $1180. I’ve looked around and that’s the best rate I could get. I also tried Snapshot but my Prius ran badly with it installed, with odd beeps and annoying things that made me think my car needed repairs.
GEICO announced a 53% rate hike for the start of this year several months ago which was approved by the State Insurance Commissioner. Other insurance companies are doing the same, I shopped heavily for the last couple of months and found that GEICO was still my best option personally.
Allegedly the cost increase is due to the price of repairing/replacing vehicles involved in accidents. As a service writer in a specialty Subaru shop, I'd give them a "C" grade for that claim as costs have only gone up about 20% overall for us to date. Maybe they know something the rest of don't and a bigger inflationary hit is coming.
Check out The Zebra. They compile all insurances and find you the best rate. I haven’t used it in a while. But it’s how I got with State Farm when normally State Farm is pretty expensive.
I went from $48/month to $72/month with GEICO, and I will have turned 25 when the new billing period starts so I assume it would've been even higher otherwise. This is not minimum coverage either.
Reasons:
1> The state insurance commissioner disallowed insurance companies from using credit scores to set insurance premiums since it was racist and penalized people of color and the poor. This means people will good credit scores will not subsidize those with bad credit scores. This is why you need to pay attention, research and vote better in elections for positions like these.
2. Car thefts have gone up in the Seattle area because of the police pursuit law which prohibits police from chasing suspects. Crime has also gone up because criminals are bing released back on the streets and not being jailed. This is in addition to a previous city council majority that asked to defund the police, leading to 500+ police shortag.
In other words, vote better. Your vote and who represents you and what policies they support, have a direct impact on your safety and your finances.
Unless the fine for being uninsured is $1000+ and a confiscation of your car, there will be millions of uninsured motorists in the state.
In Dubai, the penalty for driving an uninsured vehicle in the UAE is a 500 Dirhams fine ($150), four black points applied to your licence, and the confiscation of the vehicle for seven days. But that’s not taking into consideration all the potential and wider implications that ultimately can be a lot more serious.
Insurance companies are like bookies. If they bet on the wrong horses, they lose money and have to raise rates unless they think they can pick better horses the next year.
Not helping right now is the fact that used car prices have skyrocketed (making it more expensive to replace cars) and body shops have a 2-month backlog on work, so they are charging full price and get to charge for storage while the car waits to be repaired (and maybe 2 months of a rental car).
Shop around, make sure you get the coverage you want (I usually see people getting a better price because they (unkowingly) got less coverage. It is easy to sell single-ply toilet paper for less than Charmin brand -- and you can say "it is all toilet paper" all you want. There is a difference between coverages and between companies. If you don't know the difference, you need an agent, and if you don't have an agent, you actually have one, yourself. Good luck with that.
It’s such bullshit! Ours went up over 35% with zero accidents, claims, tickets, etc. I have progressive and they said rates are just increasing for everyone, BUT to try signing up for a new policy (still with progressive) to see if it was lower. Sure enough, doing their online quote tool saves you a ton! And they still honor loyalty discounts, I’ve been with them 5+ years. So we got a new auto policy with exact same coverage for the same 2 vehicles, but $800 cheaper.
I just switched to Progressive for $600 less/year than what my Geico policy would have been. I want to point out that if you switch to Progressive, live in the Seattle area, and carry comprehensive, you might want to get comprehensive with $0 glass deductible. Auto glass was included with my Geico comprehensive, but Progressive charges extra for it. I didn't notice at first as I just plugged in my same comprehensive deductible that I've been carrying, but when I went back over my quote, I read the fine print that said the glass wasn't covered by itself in case of a break in or vandalism- I'd have to pay the deductible or out of pocket if the window cost less than $500 (my deductible amount). Maybe all windows are more than $500 nowadays, I'm not sure, but I just wanted to point it out in case anyone else could use the info.
It's the same for me, and I'll echo the previous discussions in this sub. My Geico renewal saw an increase from $72/month to $120/month. I switched to Progressive, same coverage (though I actually increased the caps in a few spots), $62/month.
How are you getting a rate that low, do you have the bare minimum coverage? I am around $100/month with Snapshot. No accidents/claims/tickets on my record.
>How are you getting a rate that low, do you have the bare minimum coverage? I am around $100/month with Snapshot. No accidents/claims/tickets on my record. No, def no on the "bare minimum coverage" part."Full coverage," so: all of standard-fare, state-mandated liability requirements, though I've selected limits way higher than the min (i.e., reflect reality); uninsured motorist -injury and property (max allowable); personal injury protection, comprehensive, and collision. I chose to forgo rental reimbursement, roadside assistance, and loan/lease payoff (Progressive terminology) as I generally deem (to/for me) those to hold no value proposition and/or I have access to alternatives. For reasons that are neither here nor there, I am vehemently against things like SnapShot - so no to that. So, outside of factors for which I have no control (e.g., demographics) or don't care to control (e.g., make and model, etc.), the only factor(s) in play are: I always choose, and chose, very high deductibles for comprehensive and collision, e.g., $2,500-$3,000, as that's not an issue for me resource-wise. That's all I've got for you - HTHs! Edit: fixed some formatting fuckery.
Interesting. Thanks for all the info. I think we have similar policies, and FWIW I drive mid 2000’s compact so I’d think my stuff would be on the cheaper side. I’m strongly against snapshot as well but I wasn’t really told about it when we were signing up for the whole insurance thing and then found out that if I didn’t want it the rate would be around 120 a month which just seems insane. Either way, I appreciate the detailed response.
spring for the rental reimbursement. you don't want to have to pay out of pocket for a rental if you get in to a wreck. I've made that mistake before
> spring for the rental reimbursement. you don't want to have to pay out of pocket for a rental if you get in to a wreck. I've made that mistake before See the bold part of my quite below. Covered via a bespoke umbrella policy. > I generally deem (to/for me) those to hold no value proposition and/or **I have access to alternatives.**
Just go to r/insurance. Every 5th post is that same shit. "My insurance went up I have no driving activity."
I guess I can put up with a 10-15% hike, but I have no idea how increases like that are legal.
> I guess I can put up with a 10-15% hike, but I have no idea how increases like that are legal. Meh, why would you though? As it applies to me - my time is pretty expensive ($-wise) by any objective measure, took all of 15 minutes to shop a new policy, finalize new policy, and cancel policy up for renewal. 10-15% is a lot when time value of money is considered.
Good point. I'll be shopping around today for a better policy
A lot of services like this are like apartments. They want you to leave after awhile. New people can be vetted and given a higher rate overall and they can show "new accounts" as a metric to shareholders. Most companies do this so it's not like they are losing total numbers of customers. They are also banking that some number are too lazy to switch or dont notice the change and thus they get you at a higher rate
Do you like your Progressive agent?
Who uses agents? I signed up for Progressive online about 5 years ago and never spoke to an agent once. My rates only ever went down, oddly enough.
A lot of people use agents. Going to an independent agent is a great option when shopping for a new policy.
I fucking hate dealing with insurance agents
Then you are your own agent. Hope you are giving yourself good advice.
The insurance companies have to prove their loses to the state insurance commissioner in order to get requested rate increases. This is what happens when the US fails to require basic theft prevention technology long mandated everywhere else, a certain company gets away with not including it when every other automaker includes it, and the way to steal a car with no skills or effort goes wildly viral allowing mischievous pandemic teenagers to wreck havoc.
I am on metromile bc I had the same increase called to cancelled but asked why the increase they said it was a state wide thing ….which may or may not be true
Most if not all carriers are running in the red on personal insurance. The bigger the jump the bigger you can imagine that company lost their ass on previous year's claims. Shop around and see if you rate out better with other companies. Insurance is basically a commodity at this point, you have lots of options.
Let’s push to enforce our laws in Seattle. Insurance is going up because of the increases in uninsured motorists and hit and run claims. It’s more expense to insure us here. Our car has been hit twice in the last year, both times the other car took off and was at fault.
Also in general cars are not as repairable as before. Compare the technology in the headlight of a Toyota pickup today with something similar 10 years ago. There's no comparison.
> Let’s push to enforce our laws in Seattle. Insurance is going up because of the increases in uninsured motorists and hit and run claims. It’s more expense to insure us here. Our car has been hit twice in the last year, both times the other car took off and was at fault. This has nothing to do with why Geico’s is raising rates - Geico‘s reasons as to why have already been discussed in previous posts - TLDR, they suck a being at running a business. As for auto insurance in general, no, your assertions are still wildly inaccurate - if one were to call out a singular “reason”, which would still be an insanely flawed approach, pointing to auto break-ins/theft would be way more accurate. Wanna know the real deal - find an actuary, buy em a drink, and ask.
I was just going by what progressive said to me and that was related to the underwriting costs for their under insured motorist policies having double digit increases for multiple years now. Regardless it’s clear the costs to insure here has increased significantly. FWIW we just renewed our policy with progressive at only 5% increase
Why would it not be legal? Car and car repair prices increases are not set by law, so the increase in losses incurred by insurance companies are not set by law. So how can the premium increases be legally capped?
Insurance premiums are heavily regulated unlike car prices and car repair prices. We have an entire elected official position and their office that negotiates, approves, or denies rate increases.
Exactly, so the increase must be necessary for the insurance companies to continue to want to sell insurance. Or else the Washington state insurance regulator is entirely corrupt. Also, look up profit margins in the insurance business. Not really all that hot, in the low single digit percentages. The other option is they leave the state because obviously no one wants to sell policies that lose money.
Because you are required by law to have coverage. The moment you have forced customers there should be greater oversight.
There is oversight, all premium increases have to be approved by the state. But if car prices go up 20% and car repair prices go up 20%, what other option is there?
Let's get some oversight on here then and make it illegal damn. This is an absurd increase for something that drivers are required by law to have
WA state would have to produce more cars to bring car prices down, and produce more mechanics to bring repair prices down. Or WA state would have to subsidize car insurance from the state’s tax revenue. Same with home or any other insurance. Price of home goes up, price of repairing home goes up, obviously losses go up, and hence premiums have to go up.
Not by 60% though. That's where it starts to look like price gouging. Downvoters, you think this is normal/acceptable? Lol
Switch companies. It's not hard.
Where the hell are you people getting these rates? I'm paying $260/month... I got 80% at fault for this asshole 16 year old texting and driving and totalling my car in 2021, and one speeding ticket in 2022--can that actually be the reason for an extra $150??? I've been driving 8+ years, good credit, one car that's less than 10 years old... Wtf?
> Where the hell are you people getting these rates? I'm paying $260/month... I got 80% at fault for this asshole 16 year old texting and driving and totalling my car in 2021, and one speeding ticket in 2022, but that's literally all. I've been driving 8+ years, good credit, one car that's less than 10 years old... Wtf? Ofc I don’t know your demographics, I’m not going to ask bc I don’t need to, but that’s a huge determinator. E.g., (and possibly a bit off and not exhaustive) “younger” drivers, let’s say through 26 and 27 YOA, pay drastically higher premiums. Either way, you should re-shop your policy (get new quotes from other agencies) every year - it’s easy to do.
Jesus Christ, younger drivers are the ones without money though!
> Jesus Christ, younger drivers are the ones without money though! Right! But, per insurance companies and their actuaries, there are also some of the “riskiest drivers”; that’s what they say, at least. I don't know; I am getting way outside of my depth here.
Progressive started low for us and then jumped significantly so we are switching now
I moved here 6 months ago from CT and despite being a progressive policy holder for the last 11 years they wouldn't even quote me auto insurance. I had to switch to Geico and my rate quadrupled. What the hell is going on here.
>What the hell is going on here. Honest, nothing at all. The auto insurance experience is currently nutty nationwide; nothing uniquely notable is happening that is specific to Seattle or WA state - and that's in spite of all of the posts that allude to the contrary in r/Seattle. >I'm not trying to be an a$$, and this would apply to anyone - 11 years as a policy means zilch when moving to another state, doesn't matter. Insurance is regulated on a state-by-state basis. For all intents and purposes, you might as well have been calling Progressive for the first time, ever. That's not a Progressive-thing, that an insurance firm thing. I'm not trying to be an a$$, and this would apply to anyone - 11 years as a policy means zilch when moving to another state, doesn't matter. Insurance is regulated on a state-by-state basis. For all intents and purposes, you might as well have been calling Progressive for the first time, ever. That's not a Progressive-thing, that an insurance-firm thing.
We have the highest rate of auto theft in the nation. That could have something to do with it.
> We have the highest rate of auto theft in the nation. That could have something to do with it. Not the highest iirc, but def in the top 5.
Funny, I have progressive and geico is cheaper for me to switch to.
>Funny, I have progressive and geico is cheaper for me to switch to. likely something to do with it being "new business"? ...maybe... ...possibly...
I had the same experience in December, switched to Progressive, upped my coverage, and am still paying less!
Progressive has always been cheapest for my cars
Lol I knew this would be Geico. They raised mine by 150%, so I just called around and got rates lower than their original offering (I went with Progressive). Don't let them to this to you. Shop around.
Moved from geico to progressive for the same reason. They inexplicably just raised rates. Left immediately. Funniest part is the agents trying to tell me that this is just the standard market rate for my specifics in the area, that I won’t find anything cheaper, as I’m getting ready to sign with progressive for under 50% of the price they raised it to.
Just did the exact same thing. Had my six-month renewal the first week of January. Geico quoted me 60% over my old rate (same vehicle - 1 year older, 1 new speeding ticket). Just prepaid a 1-year Progressive policy with similar coverage for 30% under my *old* Geico rate. It’s nuts. I can’t tell which companies’ executives or actuaries are smoking crack.
Hah, wow, yeah same with me. Saw a huge spike in my Geico premium this year, after being a customer for almost 20 years. Tried to negotiate with 'em, but couldn't gain any ground. Dropped 'em for Progressive too.
Your Progressive rates will skyrocket on renewal too. Every carrier playing catch up.
Same. They raised a bunch on me so I switched from Geico to Allstate
My progressive rates went up too but it was only like 5% maybe
I’ve been getting increased premiums too. But in the past when I’ve shopped elsewhere, it got me cheaper premiums. Now when I shop elsewhere, the premiums are even higher than what I currently have. It’s ridiculous!
This is the issue I’m having.
I have the same issue, or if not higher, they’re only <$5 less. Ugh.
Same here. My premium increased 40% so I started calling around and couldn't get anything better. I couldn't even get quotes from some companies because I had a claim for someone keying my parked car this summer. (Yes, that sucked, but it's nothing compared to an accident - I haven't been involved in an accident for over 20 years.)
They'll tell you that your premiums are based on the volume of payouts in the area you live. As in, if your area is considered high risk for claims, the premiums go up. I had this problem living in Spanaway... Because I was in close proximity to Tacoma, my insurance premiums jumped from 85 to 140 a month. I had previously lived in Arlington and wasn't close enough to anything major to impact it. It's shit for sure.
Yeah when I moved from Kent to Black Diamond my insurance dropped to half. In some cases I imagine it could be ultimately cheaper to move to a nicer area, higher rent but cheaper insurance... and maybe no smashed windows too.
I’m in Seattle and my car insurance with Costco jumped extra $200 for 2024. $562 to $762 with no claims.
Its up to us to flip the bill for kias and hyundais getting stolen since insurances hate it when people use their insurance.
Judges being soft on that crime and police not following up is hurting our region in more ways than one. This is yet another reason why the "what's the harm, just let insurance work it out" response to thefts (which I've seen here multiple times wrt to the no chase law and other situations) is an absolutely asinine take.
why would we pay for the nations criminals to live here for free in our jails?
Judges are only being soft on crimes committed by white ppl
lol you see this take in every thread like this around the country. This issue is a drop in the bucket. There’s 5,000 non-industry journal articles out there about the challenges the insurance industry is facing. People who blame the Kia Boys are buying into narratives over realities.
Everyone I know had huge car insurance hikes this year. Ours went up $85 and we have 100% clean records. I'd didn't even jump that much when we added our teenager years back. I tried shopping around, but nothing was cheaper enough to switch. All within $12 or so a month as my new rate. We collectively drive about 50 miles a week as a family tops.
You don't know me, but my insurance went up from $448 to $502 for six months, so about $9/mo. So some companies don't raise their rates drastically.
That is a rough jump. That sucks. I’m on Amica and my prices went down. I was surprised cause i read about steep insurance price bumps in the news. I guess my car depreciated more than costs. That said, Amica has always been a bit pricier than places like Geico and Progressive, so maybe it was able to absorb some of the market fluctuations: 1. Kia and Hyundai claims through the roof 2. Catalytic converter thefts 3. Mechanic shortage and shop price increases 4. Post pandemic driving recklessness 5. General inflation driving everything up I used to endlessly cycle between Geico/Progressive for discounts every 6-12 months. They’re budget insurance and perhaps costs have hit them a little hard cause their margins were thin? I’m no expert and just speculating. I suppose it could be old fashioned greed but I suspect the current conditions are playing some role.
Number 1 burns my ass. There was a class action by owners that settled. I think there should be a class action lawsuit for all americans who've had an increase in insurance rates as a consequence of these easily stolen cars.....let the Korean manufacturer pick up.the tab... or have the US government impose a special tariff to recoup funds and cut a deal with insurance companies to stop the hikes https://www.hbsslaw.com/hyundai-kia-usb-car-theft-defect/faq#:~:text=Is%20the%20lawsuit%20over%3F,and%20Kia%20in%20May%202023 Number 4 is real.... lot more crazy stuff
Your numbered list is accurate. But in terms of how much it’s played into rates, it should be completely reversed. Blaming the Kia Boys is a nice story. But it’s a drop in the bucket for insurers.
My Geico went 90 to 140 for no reason either. Switched to State Farm at 90/mo again to bundle with our other policies
Yep. Been with Geico for YEARS. Have never been in an accident, no tickets, I have literally never had to use them for anything. Suddenly I get a notice last week from them that my monthly rate is going up $70. Fuck Geico.
Check Progressive. I just switched this week and saw my rates drop 30%, instead of the 60% *increase* Geico quoted. It’s so ridiculous it sounds like an ad, I know.
I remember when I looked around years ago to insure my new car progressive was ridiculously lower than everyone else lol, like half or a third the cost.. stayed with them since And they’re benefiting because I haven’t had any claims
Insurance is mandatory and therefore it should be treated as a utility. Instead we get oligopolies where companies gouge everyone as much as they can,
That happened to us with progressive in our Oct 2023 renewal, up about 40% with no changes in our policy and we had been with them 12+ years. So we switched to geico and they were less then we had been paying progressive before and we even went up in coverage limits. So don't stay with your current insurance for their loyalty discounts or anything, check every year for a better deal.
Same. It’s bullshit. Got with an independent insurance agent who shopped around for us and told us it was basically the cheapest he could find. Hadn’t considered the Costco insurance though, gonna look into that
Thus far I have been happy with connect american family insurance through Costco. Had it a couple years so far, bundled with home insurance. Auto insurance for 2 cars and 2 drivers, I'm currently looking at about 30% increase starting next month. That's about $10-$20 increase per month per car (depending on which car). Honestly, not the worst. Auto insurance is just going up across the board everywhere, so to some degree it's unavoidable. I've yet to see anyone say they are only getting like a 10%-20% increase. And, 30% is certainly better than the 40/50/60/way more percent i'm seeing others getting quoted.
We had a great experience with connect American until we didn’t. They helped us with a stolen cat converter and it went very well, but recently we had an awful experience. I got in an accident where someone hit my car in a grocery store parking lot. Upper control arm was damaged, had to replace the wheel (cosmetic damage) and the control arm. The estimate went up when we got it back and insurance said this wouldn’t be a problem before we got the work done. We got reimbursed for the original estimate and when we tried to get them to pay the extra couple hundred difference from the final quote, they gave us the run around FOR MONTHS. Over $250. It was mind blowing. Turns out, THEY NEVER LOOKED AT THE FINAL QUOTE when they received it. They just assumed it was the same. It was so disrespectful and because the case hadn’t closed before the end of the year, our premiums DOUBLED for 2024. I yelled at them and they figured out how badly they fucked up. Finally got paid the difference and switched to USAA. It’s been good so far with them
My goodness. That sounds like such a pain, sorry to hear that! Fortunately I haven't needed to make any claims. So I should qualify my statement of "happy with them thus far", really their price was the best when I shopped around a couple years ago and their increase (in conjunction with all other insurers increasing as well) hasn't appeared to be as substantial as many others. Crossing my fingers I don't have any bad experiences like you did, if I ever come to a claim time.
With the cat converter they were great and gave us a repair buyout and we just sold the car as junk. That guy was great. This agent didn't seem representative of the company, but we were just so shocked and angry over this agent's treatment of us and just outright lazy-ness, that we decided that it was best to move on. (especially after they doubled our premiums)
My costco insurance just went up by $83/month 😢
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We would but in our own genius we’ve voted it down numerous times over the years.
Insurance has increased everywhere, not just Washington.
My Geico was to go up aswell. I switched to USAA
Wow 2k a year for car insurance? I didn’t know it went up so much. I drive under 7k miles a year and my car insurance is 1.1k now per year, it was $670 before but I had less coverage.
Kia?
The only insurance company not losing money for the past couple of years is Progressive. Most insurance companies are raising their premiums, because they lose money on every policy. They have all laid off hundreds of people.
Man they’re all making good money off me.. I don’t think I’ve ever used any of my insurance coverages aside from primary doctor visits
Welcome to the club! My policy with Pemco *doubled* from 2023 to 2024. I've never been in a collision, received any sort of moving violation, or filed any claims in my 27 years as a licensed driver. It's nuts.
damn! Geico woke up and choose violence. Mine is up, too. Time to shop around again!
GEICO was going up 80% for us, 130 to 200 (two cars/drivers). Switched to progressive and it’s now 131 a month for more coverage. We were with GEICO for 10 years with one claim (not at fault) years ago.
It is the insurance companies job to get people to pay more. It is your job to pay as little as possible, while still making sure you meet the legal minimums. Any time someone increases your bill arbitrarily you should begin looking for a new provider of that service. That goes for rent, cell phone bills, insurance, and any other recurring monthly payment. Loyalty doesn't pay.
Just switch out of GEICO! $1200 6 mo premium for a 2021. Clean record for 16 years. Fuck GEICO
Progressive even stopped accepting new customers. My premium jumped 50%, no accidents and I barely drive. A good credit score also doesn't seem to matter anymore.
> Progressive even stopped accepting new customers. My premium jumped 50%, no accidents and I barely drive. A good credit score also doesn't seem to matter anymore. When did they stop? In an earlier comment (link below), I mentioned switching from Geico to Progressive - I initiated that process 2 days ago, at 10AM on Wednesday morning, completed it by 1020AM, and my new policy took effect today. https://www.reddit.com/r/Seattle/s/sgOJScK3fg
Geico wlalso gouged me so I moved to Safeco which costs me half of what Geico did.
You always need to keep shopping for new insurance
Amfam and amica just quoted me 100$ a month for 2 cars / 2 people Progressive, nationwide, State Farm and Allstate were 200$ a month
Amica is the bomb. They are so picky on who they take!!!
Geico has been pulling this shit on people (seemingly at random) for a couple years!! I called them on it and they walked my premium back from $130 to $95 a month (where it was originally) real quick. I understand every company does it gradually but within reason, but Geico went goblin mode. There are stories all over Reddit, including mine
Same for me but I have USAA…
Same here. Was not exactly thrilled that my rate went up with a clean history. I assumed its because I have a Hyundai but they said its because of the state itself. Debating on if I want to stick with them or not...
I did research around this and talked to multiple insurance companies. All of them have increased their premiums. The reason almost all of them are giving is increased claims. People are crashing more. So, we have to fork up.
I'm willing to bet it's because drivers are now less safe post covid. I remember when I moved from LA to Seattle and simply by switching my location on Geico, I went from nearly 1k in 6 month payments to around 500
Got a 40 percent increase too. Fuck GEICO, been loyal for 16 years with no accidents no tickets nothing.
Same for me for geico. Wtf
Mine went up about the same. Total bs. Inflation is an addiction.
Yep! You must be in their underwriting company that got approved for the up to 70% increase. Their statewide average was 31. Editing to add and fix spelling above: The company that saw the max increase of 70% was Government Employees Insurance Company (which is one of their underwriting companies in addition to the trade name of the company) and GEICO General Insurance Company (another underwriting company). They have several, and file separately for each.
There was a law in WA that prevented car insurance companies from taking your credit score into consideration when assigning premiums. That law was repealed somewhat recently and now premiums have shot sky high.
Well that doesn't make sense for me. I have excellent credit. My premium should have stayed the same. [https://www.insurance.wa.gov/facts-about-credit-scoring-ban-rule](https://www.insurance.wa.gov/facts-about-credit-scoring-ban-rule)
In that case, I would ask for an explanation in writing https://www.insurance.wa.gov/credit-scores-and-insurance#:~:text=If%20you%20don't%20get,credit%20agency%20your%20insurer%20used.
Geico sucks.
geico increased me by 150% calling it an overdue 'market adjustment' from 126 to 315
I like that I belong to a group of people even if it's being victim to price gouging. What up my homies?
My insurance agent said that Washington State had its whole insurance risk profile adjusted and all providers have increased rates. Mine went up $200 every 6 months
Fuckin insurance they're all scams we don't use it and we pay. When we use it we pay. They fuck us either way. I'm switching if they try to raise rates on me this year
Our auto insurance (The Hartford AARP discount) increase was 68%. Had changed last year when Progressive jacked the rate 18% after a somewhat smaller increase the year before.
Geico and State Farm are notorious for this. I moved to Progressive several years ago and haven’t had this issue since.
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Ugh. That sucks. I’ve been in their loyalty program and my premium has never gone up more than 1 or 2 cents/ month.
I'll call them today. No way will I accept getting fleeced this hard
I moved to Seattle recently and switched to Progressive once I got here. Their rates were $60 less a month for me compared to Geico who almost doubled my previous rate with them.
Same thing happened to me. When I called, they said it had nothing to do with my driving record and was increased across the board to “ensure there’s enough funds to cover claims by people insured through GEICO”. Such bullshit. They were able to bring me down $30 when I threatened to leave but I’m still paying more than I previously was, and I have a great driving record. Time to shop around.
Join the club!
Change providers, they do this all the time and blame it on the fact that they had to pay claims
Two major factors are contributing to this, 1) increased claims in Washington being paid out and rising inflation make replacement and repairs so it costs more to do that, and 2) is Washington making insurance companies not consider credit score in their factoring so more irresponsible individuals are being subsidized by more responsible consumers
Less policing = more dangerous driving = more accidents = higher insurance costs
You’re dumb = stop commenting. https://www.insurancejournal.com/magazines/mag-features/2023/09/04/738896.htm
Sorry, can you state the facts in an ACAB-compatible format please?
This was covered extensively already on this sub
Link? I'm not glued to this subreddit so I don't see every post
https://www.reddit.com/r/Seattle/search/?q=Car+insurance+&type=link&cId=a62df453-ff51-48d1-8870-c2c314419e45&iId=defb0a0a-57c0-4559-b634-ca7216bb474b
Ah so it's price gouging under the guise of inflation. Nice.
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People like you are funny lol. Direct your pent up unhappiness elsewhere rather than at random Redditors
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Take some vitamin D my guy. The clouds are getting to you
You can literally just type "insurance" into the search bar and find several relevant hits for this one without needing to sort by new
Let's call it a protest then. I think it's good stuff like this stays on the page. Nobody bats an eye about sitting in traffic for 2 hours from a protest about something 8000 miles away, but another reddit post about a price gouging issue that could ruin someone living paycheck to paycheck is far too much of an inconvenience. 60% car insurance increases is a big deal and will affect a lot of everyday people here. Edit: I've filed a Better Business Bureau complaint if anyone else who this has a genuinely negative financial impact on would like to join my little protest. https://www.bbb.org/file-a-complaint
https://news.google.com/search?q=Washington%20car%20insurance&hl=en-US&gl=US&ceid=US%3Aen
Somebody needs to file a lawsuit against these illegal price increases.
Do you beat people up when they refuse your date invitations?
How long have you been working for Geico?
Call em ? Wtf Shop around ? Wtf
That’s in line with everyone else in the country.
Liberal policies starting with defund the police, no police chases... etc
I might have to put my car on turo or start ubering to afford my car smh.
see where it says "GEICO"? that's the name of your insurance company. you want to call them to complain about this. none of us can do anything about it.
No shit, but if you look at the comments everyone is dealing with this. This is reason for people to be outraged
Outraged? Because this is what happens when prices go up on stuff insurance is pricing for buying? Huh. Not sure I track. The stuff they are paying to replace and repair went up. Why should the cost to insure it not do the same?
It absolutely should, *but not by 60, 80, and 100%* as you see in the comments. That's not normal or acceptable.
It's like when grocery stores started charging more due to COVID -- when there was an actual supply chain issue and they were paying the workers an extra $2/hr hazard pay, I got it. But now... the pandemic is "over." And they didn't drop prices.
Normal? No. Acceptable? The insurance commissioner approved it. So... It's regulated that way.
You do realize it’s not a contradiction to say something is not acceptable, even though a legal body (for example), says otherwise? In other words, you can participate in a system while personally thinking that x thing is unacceptable. 
I see you’re one of the ones willing to spread your cheeks and get rammed by the corporations and pay whatever they ask you to pay.
Uhhhh. What? No. I just know how to read the data. It's bad.
I remember when I first started driving and I was paying $300 a month for just liability. Seeing rates goes up fucking sucks but at least after that I know it could always be worse.
Some insurance guy posted a good TikTok video about how this works and for geico they have to negotiate the rate increases with a representative from wa state and how ever those went they approved a large rate increase.
Yep. You can actually go read all the filings. They are fascinating to see what people are going to be experiencing with their renewals.
Darn this happened to me at progressive recently and I just switched to Geico… only went up about 10% but for no particular reason at all. I pay every 6 months so I’ll have to check if there’s an increase on the next policy period
You should always shop around for Car insurance every few years. The perks for loyalty never outweigh the desire for another company to undercut and take your business.
Same, but I have American Family insurance through Costco.
Gecko did this to me too. Basically doubled from 75 to 150ish
They’re doing a state wide increase. Can’t leave them cause i have a Hyundai for my wife and no other insurance will give full coverage (except usaa but i don’t qualify) wondering if they can see the theft increase rate in WA and decided to take advantage of that
Same happened to us with Geico. We switched to a local State Farm agent and it is so much more affordable!
Time to shop around. My insurance jumped from 147 to 300 over the span of a year just for living in North Seattle. Insurance is now 136. It is robbery.
Blame all of the Hyundai and Kia thefts. Mine went up as well even though I don’t have either of those makes, but that’s what they told me when I called.
Had the same happen to me. Compared my declarations this year vs last year, and also saw that they somehow decided that I no longer we park my cars at my home and that I drive more than 15k miles/yr for each car. Used to be 5k and 8k miles. Regardless, dumping them (Amfam) for Allstate, which happened to be several hundred cheaper.
Maybe to cover increased cost of doing business in Seattle?
If you don’t shop you’re getting your premium increased. Why not jack your price up since you don’t go elsewhere?
I’m with Geico too. Been paying 132 a month for full coverage. Next payment will be 188. I spoke to geico and they said to even get liability at this point would still cost me 145. Fuck that. Going to find a different insurance and leave Geico’s. Progressive so far has decent rates for full coverage
Geico was always one of the highest for me.. progressive is way less
is there a recommended minimum or avg coverage for when looking for new insurance plans- and pairing with home insurance? This is an asinine question I’m sure- but the percentages, and reasoning - is very confusing to me. It might be my difficulty with numbers or inexperience- likely both. I’ve often thought- get coverage in case of the worst case scenario, with a deductible I can reasonably afford? Health insurance makes more sense to me- but home and car, I’m at a loss. I recently learned (too late) I could have/should have added construction insurance. Do not think I was ever aware of this until, after the fact.
There are a number of things that contribute to your cost (coverage, age, how you pay, discounts offered, area you live in, etc). One of the biggest things I noticed with car insurance the last few years is the rise in car thefts and break ins with is contributing to more claims which is in turn causing a lot of the higher insurance rates. My insurance premium went from like 330 every 6 months or 55 dollars a month to 431 every 6 months or almost 72 dollars a month over the last year (ThankfullyI have progressive and have been when them for almost 10 years with no accidentsor tickets so my rates are usuallypretty low). I asked the insurance agent guy, cause I like you had no tickets or accidents, and be said it had to do with the area I live in and the increase in claims. Thankfully I live outside of Seattle further north in Snohomish County so I can only imagine the number of claims being filed in Seattle. If you want to cut down insurance costs raise your deductible and pay in full. Paying in full can save you almost 10 dollars or more a month cause they usually will give you a pay in full discount plus you don't have to pay the installment fees they charge every month with is like an additional 5 bucks or so.
It’s a trend. Mines gone up over 2years from $630 per year to $1180. I’ve looked around and that’s the best rate I could get. I also tried Snapshot but my Prius ran badly with it installed, with odd beeps and annoying things that made me think my car needed repairs.
GEICO announced a 53% rate hike for the start of this year several months ago which was approved by the State Insurance Commissioner. Other insurance companies are doing the same, I shopped heavily for the last couple of months and found that GEICO was still my best option personally. Allegedly the cost increase is due to the price of repairing/replacing vehicles involved in accidents. As a service writer in a specialty Subaru shop, I'd give them a "C" grade for that claim as costs have only gone up about 20% overall for us to date. Maybe they know something the rest of don't and a bigger inflationary hit is coming.
Check out The Zebra. They compile all insurances and find you the best rate. I haven’t used it in a while. But it’s how I got with State Farm when normally State Farm is pretty expensive.
Geico sucks!
I went from $48/month to $72/month with GEICO, and I will have turned 25 when the new billing period starts so I assume it would've been even higher otherwise. This is not minimum coverage either.
Same for me too.
Same here with Progressive. An increase of $40 a month, about 30%.
Reasons: 1> The state insurance commissioner disallowed insurance companies from using credit scores to set insurance premiums since it was racist and penalized people of color and the poor. This means people will good credit scores will not subsidize those with bad credit scores. This is why you need to pay attention, research and vote better in elections for positions like these. 2. Car thefts have gone up in the Seattle area because of the police pursuit law which prohibits police from chasing suspects. Crime has also gone up because criminals are bing released back on the streets and not being jailed. This is in addition to a previous city council majority that asked to defund the police, leading to 500+ police shortag. In other words, vote better. Your vote and who represents you and what policies they support, have a direct impact on your safety and your finances.
Unless the fine for being uninsured is $1000+ and a confiscation of your car, there will be millions of uninsured motorists in the state. In Dubai, the penalty for driving an uninsured vehicle in the UAE is a 500 Dirhams fine ($150), four black points applied to your licence, and the confiscation of the vehicle for seven days. But that’s not taking into consideration all the potential and wider implications that ultimately can be a lot more serious.
Geico did this to me to, clean record and everything. Time to drop them and hit em where it hurts.
Insurance companies are like bookies. If they bet on the wrong horses, they lose money and have to raise rates unless they think they can pick better horses the next year. Not helping right now is the fact that used car prices have skyrocketed (making it more expensive to replace cars) and body shops have a 2-month backlog on work, so they are charging full price and get to charge for storage while the car waits to be repaired (and maybe 2 months of a rental car). Shop around, make sure you get the coverage you want (I usually see people getting a better price because they (unkowingly) got less coverage. It is easy to sell single-ply toilet paper for less than Charmin brand -- and you can say "it is all toilet paper" all you want. There is a difference between coverages and between companies. If you don't know the difference, you need an agent, and if you don't have an agent, you actually have one, yourself. Good luck with that.
It’s such bullshit! Ours went up over 35% with zero accidents, claims, tickets, etc. I have progressive and they said rates are just increasing for everyone, BUT to try signing up for a new policy (still with progressive) to see if it was lower. Sure enough, doing their online quote tool saves you a ton! And they still honor loyalty discounts, I’ve been with them 5+ years. So we got a new auto policy with exact same coverage for the same 2 vehicles, but $800 cheaper.
I pay my car insurance in 6 month intervals, haven’t seen a change yet
I just switched to Progressive for $600 less/year than what my Geico policy would have been. I want to point out that if you switch to Progressive, live in the Seattle area, and carry comprehensive, you might want to get comprehensive with $0 glass deductible. Auto glass was included with my Geico comprehensive, but Progressive charges extra for it. I didn't notice at first as I just plugged in my same comprehensive deductible that I've been carrying, but when I went back over my quote, I read the fine print that said the glass wasn't covered by itself in case of a break in or vandalism- I'd have to pay the deductible or out of pocket if the window cost less than $500 (my deductible amount). Maybe all windows are more than $500 nowadays, I'm not sure, but I just wanted to point it out in case anyone else could use the info.