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re: State Farm raising auto rates - Covid is over

Posted on 4/25/21 at 11:06 am to
Posted by tduecen
Member since Nov 2006
161244 posts
Posted on 4/25/21 at 11:06 am to
Auto insurance is just a scam, doesn't matter who you go with they continually raise rates. Accident-free, no tickets, 8+ years but an increase in my premium each time. I finally got to the point I jump between several insurance companies once they reach a value I don't like.
Posted by tduecen
Member since Nov 2006
161244 posts
Posted on 4/25/21 at 11:07 am to
I'm currently with Root as well, no complaints since I got better insurance for 50 bucks less than what I was paying with Progressive.
Posted by NIH
Member since Aug 2008
112728 posts
Posted on 4/25/21 at 11:07 am to
It will probably be 2-3 years to see the effects of the new tort laws. Covid has backed the hell out of trial dockets.
Posted by jbgleason
Bailed out of BTR to God's Country
Member since Mar 2012
18928 posts
Posted on 4/25/21 at 11:08 am to
quote:

I’ll be anxious to see if they raise it back to the previous rates or if they try to raise it more.


Oh come on. You know the answer already.
Posted by DJT4577
Member since Apr 2021
33 posts
Posted on 4/25/21 at 11:21 am to
quote:

State Farm raising auto rates



A lot of angry people on here about insurance companies.

News flash:

Insurance is a business. All carriers are looking to make profits.

If you don’t like really high insurance rates in LA may I suggest moving someplace where the rates are less.

High rates here are caused by the extremely high number of uninsured drivers, the out of control plaintiff bar, and apparently the weak physical bodies of LA citizens that feel every fender bender entitles them to brain damages being awarded.


Additionally, if you don’t want to buy auto insurance then you need to take that up with the state legislature that mandated that you have it if you want to drive an auto on public streets.

Perhaps we should abolish all private insurance carriers and have a state run company?

Additionally, as it relates to home insurance rates. Once you are no longer a tenant in your house and don’t have a bank as your landlord you are free to not buy it. Until then the bank owns your house and wants its asset protected.



Posted by SG_Geaux
Beautiful St George
Member since Aug 2004
78060 posts
Posted on 4/25/21 at 11:21 am to
quote:

Does 1/3 of LA even have insurance?


No. That is why we have to pay for their shite to.

All part of the reparations!
Posted by TulaneUVA
Member since Jun 2005
25918 posts
Posted on 4/25/21 at 11:43 am to
Semi angry undertones but good post.

State Farm is doing what they can to maximize profits. No one complained when insurance companies dropped their rates.
Posted by Pelican fan99
Lafayette, Louisiana
Member since Jun 2013
34819 posts
Posted on 4/25/21 at 11:46 am to
This is why I dropped State Farm when they decided they had to turn Jake from State Farm into a black guy
Posted by Rooco
Member since May 2012
486 posts
Posted on 4/25/21 at 12:06 pm to
So the rationale (guaranteed that rates will drop) behind recent tort reform legislation was total BS? Shocking.
The problem isn’t car wreck injury claims. The problem is the Louisiana average driver has little to no regard for the safety of others. The problem is our roads are horrible
Posted by specchaser
lafayette
Member since Feb 2008
2592 posts
Posted on 4/25/21 at 12:12 pm to
La passed tort reform that JBE signed off on that was going to lower rates. the insurance industry used people's hatred of Get Gordon to get a law passed in it's favor. With or without Get Gordon, La. will always have high rates because of uninsured, careless, uneducated, drunk drivers. Oh and really shitty roads.
Posted by DLauw
SWLA
Member since Sep 2011
6086 posts
Posted on 4/25/21 at 12:41 pm to
quote:

Thank you JBE!! You sorry useless frick
This ain’t on JBE. You dumb motherfrickers have voted Jim Donelon into office every election since 2006. He’s a piece of shite on the side of insurance companies.

Follow the money Look where his campaign money comes from.
Posted by TDsngumbo
Alpha Silverfox
Member since Oct 2011
41707 posts
Posted on 4/25/21 at 12:53 pm to


frick State Farm!! So glad I don’t work for them anymore.
Posted by bigezsaint
Bossier City
Member since Jan 2010
176 posts
Posted on 4/25/21 at 12:54 pm to
The whole insurance industry is raising rates, it’s not a just State Farm thing. I fact, State Farm’s increase is less than many other companies!
Posted by DCtiger1
Panama City Beach
Member since Jul 2009
8795 posts
Posted on 4/25/21 at 12:58 pm to
There was a nationwide 10% decrease due to less claims from Covid. Now that things have started getting back to normal, claim frequency has increased. The rates change all the time.
Posted by DCtiger1
Panama City Beach
Member since Jul 2009
8795 posts
Posted on 4/25/21 at 12:59 pm to
quote:

frick State Farm!! So glad I don’t work for them anymore.


I wondered why you beat the independent drum so hard.
Posted by bulldog95
North Louisiana
Member since Jan 2011
20727 posts
Posted on 4/25/21 at 1:00 pm to
Raised mine $25 for a 2019 charger and $12 for a 2019 ram 1500.

Posted by DCtiger1
Panama City Beach
Member since Jul 2009
8795 posts
Posted on 4/25/21 at 1:01 pm to
quote:

State Farm is doing what they can to maximize profits. No one complained when insurance companies dropped their rates.


Not only that, but State Farm didn’t cancel anyone for non-pay for 5 months during the worst of the lockdowns. Some people only see the negative.
Posted by Vlatket
Member since Oct 2016
7475 posts
Posted on 4/25/21 at 1:19 pm to
They all raising prices. All that covid give back they were during was for show. Since then they have gotten all that back plus some in raised prices.
Posted by Dixie Normus
Earth
Member since Sep 2013
2640 posts
Posted on 4/25/21 at 1:45 pm to
Those of us with brains expected this
Posted by lsunatchamp
Member since Feb 2009
2025 posts
Posted on 4/25/21 at 2:04 pm to
quote:

Cars driven by uninsured should be impounded


Just so you know, when they are caught they are impounded and forced to prove that they have insurance before they can get it out of impound.
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