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re: Insurance rate increases

Posted on 6/21/23 at 9:07 am to
Posted by Belaire Buck
Not in Bama
Member since Nov 2011
107 posts
Posted on 6/21/23 at 9:07 am to
quote:

I did something with Farm Bureau a few months ago. My agent checked and mentioned something about a multi-state plan (I might be way off). My vehicle insurance for both me and my wife went down a good bit. Maybe $70 a month



FB used to use a state specific rating system. In '21 they started rolling out the new company specific rating system in Louisiana. The new system had some really good rates at the time as I'm sure they still do. The last few months they began rolling people from the old system to the new one. There are some requirements and no guarantee how your price will be affected but I do know that some have seen some significant changes. I would call me FB agent and ask then about pricing the new system if possible.
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