I'm curious for anyone who has already renewed this year did your insurance rate go up? I'm on my last payment of this policy term, so I free ride the next 2 months until it renews in Sept. I'm expecting a rate hike due to the obvious inflation and how much vehicle prices have gone up. Every car on the road is worth more today than it was last year because of the chip shortage, all the parts to repair cars have gone up due to shortages as well as the labor.. It's given there will be rate hikes.
I'm already expecting it but I'm curious if others have already seen an increase or not? I was already hit by a 50% increase mid-term in my policy because Progressive claimed they wrote my policy wrong and my rate already jumped from $9,8k to $15k/year..
O.O's & those with authority's has your insurance gone up this year?
Discussion in 'Expediter and Hot Shot Trucking Forum' started by crocky, Jun 16, 2022.
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Same, mind went up to $15300ish per year.
Wrote mine wrong too, for the last 4 years, but they caught it this year.
I was lucky they didn’t back charge me for the last few years, they said.Rideandrepair and crocky Thank this. -
My insurance premium went down, I also get a discount for paying in full.
Another Canadian driver, Lite bug, crocky and 1 other person Thank this. -
Sounds like they decided just to raise the rates because they could and came up with a ######## reason.Another Canadian driver and Judge Thank this. -
I used to pay mine in full, but with that lady’s attitude about “yada yada we screwed up, yada yada you gotta pay for our mistake.” i told them to get bent, they’ll get money once a month.
SoCalKid, Another Canadian driver, Rubber duck kw and 2 others Thank this. -
There is always a discount for paying in full, but how early in the year did your's renew? Was it before all the crazy price increases in everything?Another Canadian driver, Bakerman and Rideandrepair Thank this. -
I absolutely flipped out on them for not even calling me..bzinger, Another Canadian driver and Rideandrepair Thank this. -
Mine went up. My Agent claims the increase is only 1%, compared to an average of 3% or more for most Companies. I raised my equipment values $25k. Premium went up $2k per yr. $7300 to $9300 for everything Going to drop values down, when the crazy prices drop.
Another Canadian driver, Lite bug and crocky Thank this. -
mine renewed in May.
now $15,560.30/ year or 1,556.03 for 10
months.Another Canadian driver Thanks this. -
Th
Another Canadian driver, singlescrewshaker, Lite bug and 4 others Thank this.
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