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.

  1. crocky

    crocky Road Train Member

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    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..
     
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  3. Judge

    Judge Road Train Member

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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.
     
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  4. Bakerman

    Bakerman Road Train Member

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    My insurance premium went down, I also get a discount for paying in full.
     
  5. crocky

    crocky Road Train Member

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    Sounds like they decided just to raise the rates because they could and came up with a ######## reason.
     
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  6. Judge

    Judge Road Train Member

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    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.
     
  7. crocky

    crocky Road Train Member

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    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?
     
  8. crocky

    crocky Road Train Member

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    Yeah, when they raised mine they didn't even call me.. I logged into my account and instead of seeing a bill for $900+ it was $3,5k due that month.. No warning, no phone call nothing.. When I called to find out WTF was going on that's when they told me and they back changed me the extra on my policy for that year and about the increase.

    I absolutely flipped out on them for not even calling me..
     
  9. Rideandrepair

    Rideandrepair Road Train Member

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    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.
     
  10. Judge

    Judge Road Train Member

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    mine renewed in May.

    now $15,560.30/ year or 1,556.03 for 10
    months.
     
  11. Rideandrepair

    Rideandrepair Road Train Member

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    Th
    Thats the equivalent of sayin “We don’t want your Business anymore.”
     
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