Hello…I got issue with my car insurance rates and could use some advice. I drive a 2016 Honda Civic with 82k miles, have a clean driving record with only one claim about 1.5 years ago (for rodents damaging the engine harness), and I’ve been using Progressive with their Snapshot device for the past six months. Despite this, my insurance rate has gone up significantly.
Six months ago, I paid $580 for my policy, but now that it’s time for renewal, the rate has jumped to $800 with no clear explanation. I called Progressive customer service, and they mentioned that the increase is due to my renters insurance cancellation (since I moved) and something called a “fulfillment discount,” which I don’t fully understand. I also switched from Progressive to Geico and back to Progressive, which might have affected my rates.
Can anyone help me understand why my premium is so high for an older car? I don’t think the cost is justified, and I’m considering whether it’s worth paying this much. I’m attaching my coverage details for reference.
Any insights or advice on how to lower my insurance premium would be greatly appreciated. T.I.A
In which state are you located? I’ve noticed that Geico, Progressive, and a few other insurance companies have decided to withdraw from certain states. It seems like they’re resorting to increasing rates as a way to push customers away before officially canceling their policies in those states.
Some experience has shown that auto insurance seldom, if ever, pays for loyalty. Changing providers every couple of years is nearly always beneficial, even if you are only bouncing between the same three or four businesses. If you are taking use of homeowner’s insurance or something similar, this can get more complicated, but it might still benefit you. It will not harm to obtain a few quotes.
I have never heard of a fulfillment discount, could be that your initial premium was discounted.
And then you would have to acknowledge the fact that renters insurance cancellation covered up for some of your premiums (minus their cancellation fee).
I think Progressive Insurance is justified, just ask for a breakdown of costs just to be sure that you are not getting the short end of the stick
I’m located in [State]. It’s interesting to hear about Geico and Progressive withdrawing from certain states. Increasing rates to push customers away sounds frustrating. Have you found any alternatives or recommendations for those affected by this?
