Back in 2022, a semi hit my parked car, totaling it. Even though I wasn’t at fault since I was parked, every time I try to get full coverage, I’m quoted between $600 and $750 a month. That’s just not something I can afford. Now that I’m looking to buy another car, the cost of insurance is making it nearly impossible. I don’t have a bad driving record, so I really don’t understand why my insurance is so expensive. Can I do anything to get a more reasonable rate?
There’s nothing you can really “fight” here. You could try calling an independent insurance broker or two to see if they can shop around for you. If they’re all quoting the same range, it might not have anything to do with that accident.
If you canceled your insurance after the accident and didn’t have coverage for a while (even if you didn’t own a car), that could be what’s making your rate so high now. Having a gap in insurance can hurt your rating. While you can’t change that now, an independent agent might still be able to help you find a better price. Their help is free, so it’s worth a try.
@Eden
How do I find an independent agent?
Reese said:
@Eden
How do I find an independent agent?
Just Google “independent agent near me” and check out the ones with good reviews. Or you can go to trustedchoice.com to find one.
@Eden
I already tried that, and they’re all quoting me $600-$700. I did go a few months without a car after the accident, so I dropped my insurance since I didn’t even have a vehicle. Not much else I could do.
@Weston
That explains it. If you don’t have a car, it’s still best to stay on someone else’s policy as a driver or buy a non-owner’s policy to avoid a lapse. Those policies are cheap and would’ve saved you from this. Now, you’ll just need to pay the higher rate for a while. The lapse should stop affecting your rate after 6-12 months.
Try calling a local broker; they can look into options that you won’t be able to see on your own.
Dru said:
Try calling a local broker; they can look into options that you won’t be able to see on your own.
I get mine for $100, and full coverage costs me around $200.
My insurance went up by 70% between 2023 and 2024. My risk factors? Nothing at all. No claims, accidents, or tickets. Just got older by a year.
Jules said:
My insurance went up by 70% between 2023 and 2024. My risk factors? Nothing at all. No claims, accidents, or tickets. Just got older by a year.
Same here. My collision and comprehensive jumped by 72% even though I haven’t made a claim or had any violations. Been driving the same car for the past decade, but every insurance company quoted around the same high premiums.