Auto Insurance hikes

[hollohas]

What the frick! Geico is hitting me with another 15% increase on my upcoming renewal. This is fucked up.

The increase was in Bodily Injury Liability, comprehensive and uninsured motorist coverage, but the vast majority of the increase was the uninsured motorist coverage. It alone went up 42%!

Geico has been a great insurance company to deal with but 40% in less than a year with a clean driving record is absolute bullshit.

[Ronin13]

CO has one of the highest Ins Rates in the country, thanks to weather and drivers.

Also, the data is a few years old now, so the number could be much higher now (in fact, I'll bet it is much higher now)- over 35% of Colorado drivers (estimated) are driving around without insurance. Many are attributed to illegal aliens who have CO driver's licenses.

I read an article a couple months back about an auto insurance industry study that showed an increase in Colorado automobile accidents caused by marijuana. Hinted that all auto insurance in the state would soon be going up for that reason.

DUI numbers are also climbing- that includes a much higher rate of DUI-D (Drugs) arrests.

What the frick! Geico is hitting me with another 15% increase on my upcoming renewal. This is fucked up.

The increase was in Bodily Injury Liability, comprehensive and uninsured motorist coverage, but the vast majority of the increase was the uninsured motorist coverage. It alone went up 42%!

Geico has been a great insurance company to deal with but 40% in less than a year with a clean driving record is absolute bullshit.

Sounds like it's time to start shopping... I know a guy if you want to call and get a quote... He's very competitive.

[Irving]

What the frick! Geico is hitting me with another 15% increase on my upcoming renewal. This is fucked up.

The increase was in Bodily Injury Liability, comprehensive and uninsured motorist coverage, but the vast majority of the increase was the uninsured motorist coverage. It alone went up 42%!

Geico has been a great insurance company to deal with but 40% in less than a year with a clean driving record is absolute bullshit.

Rate hikes generally have nothing to do with your driving record.

[Ronin13]

Rate hikes generally have nothing to do with your driving record.

Exactly! They usually have to do with regional problems... like a hail storm that damages some 10's of thousands of cars/homes/businesses... or large scale fires (saw the effects of the fire down in COS a few years back firsthand, that was a terrible year).

[KevDen2005]

Also, the data is a few years old now, so the number could be much higher now (in fact, I'll bet it is much higher now)- over 35% of Colorado drivers (estimated) are driving around without insurance. Many are attributed to illegal aliens who have CO driver's licenses.

DUI numbers are also climbing- that includes a much higher rate of DUI-D (Drugs) arrests.


Sounds like it's time to start shopping... I know a guy if you want to call and get a quote... He's very competitive.

Saw a sign the other day that said, "States that have legal marijuana have a 25% lower opioid overdose death rate." I thought it was funny as Adams County is one of the country's leaders in Opioid overdoses that result in death.

Nothing to do with insurance it just reminded me.

That being said, Drugged Driving is skyrocketing. And a lot of courts kick the cases because of officer inexperience or the prosecution thinks it will be too much work to win.

[Irving]

We did just have the worst hail storm in Colorado history (as far as property damage) this year on March 8th. I've heard estimates ranging from 1.1 to 3 billion in damages. A lot of vehicles were stuck in rush hour traffic on I-25 and I-70 during the storm, and the storm hit in the thick of the metro area.

[MarkCO]

UIM has gone up a bunch in the past few years. There are a lot of factors for the increased rates...some are weather.

[hollohas]

Yeah, I know it has nothing to do with my record. I'm just pointing out that it wasn't something I did that caused the increase.

Same exact coverage, same discounts (actually my discounts INCREASED), same vehicles and somehow my policy increased 40% year over year. Never had a major increase in the 13 someodd years with Geico prior to that.

In July they told me medical costs have gone up. Today they told me repair costs have gone up because parts are harder to find. Ha! I have a newer Ford Explorer and a Gen 2 Tundra, I don't think so.

Their solution? Reduce my coverage. Yup, that'll make up for the increase.

And I think their customer service has degraded...right after I told the gal that they were going to lose a long time customer over this she gave me the old driving through a tunnel routine. "hello? Hello? Sir, you're breaking up. I can't hear you.". Click. Seriously.

Fuck you auto insurance. Same goes for you medical.

[KevDen2005]

UIM has gone up a bunch in the past few years. There are a lot of factors for the increased rates...some are weather.

We used to be able to revoke someone's license on the spot if they didn't have insurance (similar to a DUI), but that changed a couple years ago.

[fitz19d]

Rate hikes generally have nothing to do with your driving record.

Guess i should be glad i didn't see one. Maybe they were satisfied when i added vehicles.