Today I received my renewal bill in the mail from Progressive insurance and I was hoping to see a lower rate from the previous year, as has happened for the two previous years, but instead I read in horror that my rate rose from $532 year to $944 for this year!
This will be my third year with progressive, I have no tickets or accidents, married, safety course, 23 yrs driving experience(they use total years driving auto+motorcycle)etc. basically everything a good customer could have! What is also funny is that this rate is with a good driver and customer loyalty discount!
So I called the customer service to find out what was the reasoning for the steep rise in my rate. The customer service lady was understanding, apologetic and said only that everyones rates went up because of the cost of doing business went up this year. I than got very up set and told her my first year was $ 662 year, last year was $532, now this year $944, almost 50% increase in a year!
I stayed on the phone with her for about an hour trying to change the coverage to try to get the rate lower and finally lowering the annual mileage 2000 to 1000 miles the rate went down to $700 a year. So I have until May 11 to find a lower rate insurance company, hopefully this isn't happening to everyone across the board. I would like to hear some feed back on your rates and the companies you use here in California.
Sorry for the vent, but I'm cheap and that extra money paid to insurance co. cuts into my new summer jacket fund.
Dan
