Best Home and Auto insurance companies??
Who do you guys use for home and/or auto insurance? Not sure which one provides the best rates and service
Dec 15th, 2017 2:31 pm
Dec 15th, 2017 2:46 pm
Dec 15th, 2017 5:49 pm
Ya this strategy works at keeping your rates low...NumberThree wrote: ↑ You need to change insurance company every few years or you'll get screwed. Every year they will slowly increase your premiums even if you have a perfect record/no claim. Benefits from being loyal to a company don't exist anymore. I've been with Lloyd's and I was screwed, I was with Wawanesa and I was screwed. Currently with Traveler's and they tried to screw me. Wanted to increase car premium by 10% the second year. Called company and told them they would lose me as a customer. Guess what? No more 10% increase.
Dec 15th, 2017 6:33 pm
It doesn't make any sense to end up paying so much more when you do not get any additional benefit by staying with the same insurance company. Moreover, if you have accidents/claims and you are at fault, you will be screwed no matter what company you are with and how long you have been with them.PointsHubby wrote: ↑ Ya this strategy works at keeping your rates low...
But not so much in your favour if you are making a claim.
Like it or not best Claim Results end up in the hands of the most loyal / longest standing Customers
Dec 15th, 2017 7:13 pm
I don't know what you're talking about because I've been with the same company for 4 years and my premiums have decreased each year. And they have already told me to expect another drop next year.NumberThree wrote: ↑ You need to change insurance company every few years or you'll get screwed. Every year they will slowly increase your premiums even if you have a perfect record/no claim. Benefits from being loyal to a company don't exist anymore. I've been with Lloyd's and I was screwed, I was with Wawanesa and I was screwed. Currently with Traveler's and they tried to screw me. Wanted to increase car premium by 10% the second year. Called company and told them they would lose me as a customer. Guess what? No more 10% increase.
Dec 15th, 2017 7:41 pm
Dec 15th, 2017 7:54 pm
You don't know what I'm talking about because you are living in N.B. and I'm living in Ontario and what I wrote describes my insurance premiums for the last 15+ years. I'm really happy for you that your premiums are decreasing, but such is not the case for me.
Dec 15th, 2017 7:59 pm
Things have been better since switching to Travelers. They did try to screw me when the insurance was renewed for the second year, but after that it has been pretty good. Nevertheless, my premiums are always increasing year after year. Except now it seems that the increase is more reasonable.
Dec 15th, 2017 11:18 pm
Dec 16th, 2017 12:04 am
Dec 16th, 2017 3:04 am
Exactly... my family's broker pretty much told us to switch every few year and gave us a list of all of them every year (and the cheapest one/one he recommends). Maybe i'm lazy but generally i just trust him since my family has been using him since before i was born.NumberThree wrote: ↑ You need to change insurance company every few years or you'll get screwed. Every year they will slowly increase your premiums even if you have a perfect record/no claim. Benefits from being loyal to a company don't exist anymore. I've been with Lloyd's and I was screwed, I was with Wawanesa and I was screwed. Currently with Traveler's and they tried to screw me. Wanted to increase car premium by 10% the second year. Called company and told them they would lose me as a customer. Guess what? No more 10% increase.
Dec 16th, 2017 10:10 am
Do you mind sharing said list, I'm not sure which companies to even call ? Or if anyone has names of companies I should call to get a quote would be helpful
Dec 16th, 2017 11:36 am
gave it all back to him when i paid fir it 2 weeks ago (was just paper copies). Only kept the one i bought.tripleflip wrote: ↑ Do you mind sharing said list, I'm not sure which companies to even call ? Or if anyone has names of companies I should call to get a quote would be helpful
Dec 16th, 2017 11:43 am
I was with Belair for 7 years and each year the premiums went down. So when the 8th year renewal came in and had a 25% increase I jumped ship. I searched around and eventually went with a broker. Each year at renewal time they say they'll shop around for a better rate for me, which I dont really think they do, but I look around myself anyway.
Dec 16th, 2017 1:47 pm
I think you are right. Many insurance brokers probably put their own interests ahead of their client's interests. Same as mortgage brokers, realtors, lawyers, etc.Hugh Jass wrote: ↑ I was with Belair for 7 years and each year the premiums went down. So when the 8th year renewal came in and had a 25% increase I jumped ship. I searched around and eventually went with a broker. Each year at renewal time they say they'll shop around for a better rate for me, which I dont really think they do, but I look around myself anyway.
Dec 16th, 2017 1:49 pm
Dec 16th, 2017 2:26 pm
I'm also using a broker though I don't think they have my interests at heart. When I switched from Wawanesa to Travelers I save more than 1K in premium. I need to clarify one thing. When I said Travelers tried to screw me by attempting to increase the premium by 10%, it was only for one vehicle (I have 3 vehicles).
Dec 16th, 2017 2:42 pm
Maybe change brokers? If you don't trust a broker, doctor, lawyer, etc its probably a good idea to see if you can find one thats better (or really you feel better about). I changed my family doctor (who actually took over for the family doctor before i was born/when he retired) pretty much as soon as i was old enough to make that decision (felt he was lazy/winging it). I got a good feeling about the broker but im guessing he'll retire soon... then i might have to pay more attention to my insurance...NumberThree wrote: ↑ I'm also using a broker though I don't think they have my interests at heart. When I switched from Wawanesa to Travelers I save more than 1K in premium. I need to clarify one thing. When I said Travelers tried to screw me by attempting to increase the premium by 10%, it was only for one vehicle (I have 3 vehicles).
Dec 16th, 2017 3:08 pm
Dec 16th, 2017 4:25 pm
Nah, I call them and threaten to take my business elsewhere and then they get their act together and find me something a lot cheaper. Until I found out I never thought insurance companies would act in such a way. I knew they would screw people and not pay when you make a claim, or pay as little as possible. But I didn't think they would also screw you on the premiums you pay. Just like with banks, loyalty doesn't mean anything anymore.Paigne wrote: ↑ Maybe change brokers? If you don't trust a broker, doctor, lawyer, etc its probably a good idea to see if you can find one thats better (or really you feel better about). I changed my family doctor (who actually took over for the family doctor before i was born/when he retired) pretty much as soon as i was old enough to make that decision (felt he was lazy/winging it). I got a good feeling about the broker but im guessing he'll retire soon... then i might have to pay more attention to my insurance...