Anyones Insurance go up this year? - Page 2

Submission1 · 02-08-2008, 06:32 AM

My Geico insurance just jumped $40/month from ~$120 up to $161.

I called Geico and the customer service guy said the “rating” for my car ('07 STi) went from an "M" to a "Z" as a result of being reclassified (whatever that means). He explained that the rating was something to do with the cost of repairs from getting hit or hitting another vehicle.

Anybody else experienced this BS?

Age: 31
Car: 2007 STi
Location: Colorado (Boulder)
Record: 0 Points

-Sub.

***fullerton*** · 02-08-2008, 06:45 AM

mine's still at $1300/year for my wife and I.

bluedemon_II · 02-08-2008, 06:57 AM

Well I'm with universal and my rate is $4000 for 5 years so I'm good

Btw im 19 and have one wrx under my "totaled cars" file...

I miss my wrx : :

mdefalco25 · 02-08-2008, 07:21 AM

There are a few variables that would increase your insurance. I work for an insurance company and I can tell you for a fact that our cars were designated a poor rating from an insurance perspective. What this means is YES our cars are safe, and YES they made Consumer Reports safest cars to drive for its class. However, over the next several years our car and others are taking a hike in insurance. The reason is because of where the battery is placed in our cars. If you are to ever get into a serious front end accident your battery could potentially explode and spray acid over your entire engine. POOR DESIGN. A lot of cars do this. Not to say this is the only reason, like I said there are a lot of variables such as age and record. However, this is a big reason why your rates went up with no changes in your record... This information I gathered came from a place w/n my company that analyzes designs of cars before they hit production and make suggestions on how to engineer cars for cheaper claims.

Just my 2 cents.

csschupp · 02-08-2008, 08:08 AM

Quote:

Originally Posted by Submission1

My Geico insurance just jumped $40/month from ~$120 up to $161.

I called Geico and the customer service guy said the “rating” for my car ('07 STi) went from an "M" to a "Z" as a result of being reclassified (whatever that means). He explained that the rating was something to do with the cost of repairs from getting hit or hitting another vehicle.

Anybody else experienced this BS?

Age: 31
Car: 2007 STi
Location: Colorado (Boulder)
Record: 0 Points

-Sub.

I thought Geico lowered their rates in Colorado. Got something in the mail about that.

On a side note:
I'm also in Boulder with an 07 UGM STI. Are you going to any meets soon? I've been wanting to see the Grillcraft in person.

***jnprn2003*** · 02-11-2008, 02:15 AM

Mine went up $50 per month...following my lovely accident where no one or other thing than my car was damaged....Allstate FTL

Kickstand · 02-11-2008, 03:19 AM

mine went up a slight bit, like $50 over 6 months. Don't know why though. I even passed the magical 25 mark.

***///M Power*** · 02-11-2008, 04:22 AM

Allstate went up but I got even, I swithced to Liberty Mutual and saved 1300/yr on my policy!

dr.sti · 02-17-2008, 03:53 AM

I am 34 years old and have no tickets or accidents but Geico wanted $2800yr for the insurance of my 05 sti here in NYC. I called to see if it was a mistake but they said the car was reclassified this year because of the amount of claims made with this model. I switched to Progressive and now it's $1200yr. Hard to believe!! I had Geico for over 10 years!!

V8Huntr · 03-01-2008, 08:35 AM

Well my Esurance policy just renewed and it went up $150/6mo. I just got off the phone with them and the guy on the phone explained that ALL Esurance policies for PA had increased premiums after Feb 21, 2008 due to Esurance having to pay out more of a percentage than what they're taking in. Esurance apparently went to the State and was allowed to increase rates for the state of PA.

So if anyone has Esurance and lives in PA, that's why your rates went up.

STIVendetta · 03-07-2008, 04:39 PM

Quote:

Originally Posted by Submission1

My Geico insurance just jumped $40/month from ~$120 up to $161.

I called Geico and the customer service guy said the “rating” for my car ('07 STi) went from an "M" to a "Z" as a result of being reclassified (whatever that means). He explained that the rating was something to do with the cost of repairs from getting hit or hitting another vehicle.

Anybody else experienced this BS?

Age: 31
Car: 2007 STi
Location: Colorado (Boulder)
Record: 0 Points

-Sub.

Yes ME...I found out tonight...I was paying $239/EVERY~6 months..I got my bill to renew tonight....went up to $515/Every 6 Months.....I called them 1-800....and they told me the same thing TONIGHT. I am 50 and have a PERFECT record....when I signed up with Geico the Agent (manager) said no problem...you will not get any surprises.....it more than doubled for me for the 6 month period...when I called they told me the same thing...I am not happy...I HATE surprises...I will be at their office tomorrow at 9:00 am when they open...I have until April 6th to renew...or once again FIND A NEW COMPANY.

STIVendetta · 03-07-2008, 05:26 PM

Quote:

Originally Posted by dr.sti

I am 34 years old and have no tickets or accidents but Geico wanted $2800yr for the insurance of my 05 sti here in NYC. I called to see if it was a mistake but they said the car was reclassified this year because of the amount of claims made with this model. I switched to Progressive and now it's $1200yr. Hard to believe!! I had Geico for over 10 years!!

Thats what happened to me when I had Nation-wide after 10 years....then I switched to Geico...now Geico goes up.....I am beginning to think when all the birds flock to one tree they shake it.....time to find a less crowded tree....

04SubieDude · 03-07-2008, 07:42 PM

wow im 21 years old and mine dropped from 270 a month to 180 a month this year

02-08-2008, 06:32 AM	#16
Submission1 Amateur STI Driver Car: 07 STi Location: Colorado Posts: 22 Join Date: Feb 2007 Trader Rating: (0)	Re: Anyones Insurance go up this year? My Geico insurance just jumped $40/month from ~$120 up to $161. I called Geico and the customer service guy said the “rating” for my car ('07 STi) went from an "M" to a "Z" as a result of being reclassified (whatever that means). He explained that the rating was something to do with the cost of repairs from getting hit or hitting another vehicle. Anybody else experienced this BS? Age: 31 Car: 2007 STi Location: Colorado (Boulder) Record: 0 Points -Sub. This ad is not endorsed by this member. Please register or login to hide this ad.

02-08-2008, 06:45 AM	#17
*fullerton* abracious Car: AW GDF-D Fav Mod: Track time Location: Near a 100oct pump Posts: 16,074 Join Date: Oct 2005 Trader Rating: (10)	Re: Anyones Insurance go up this year? mine's still at $1300/year for my wife and I.

02-08-2008, 06:57 AM	#18
bluedemon_II STI Driver Car: 04 Sti Wrb on Silver Location: Hatillo, Puerto Rico Posts: 287 Join Date: Jul 2007 Trader Rating: (0)	Re: Anyones Insurance go up this year? Well I'm with universal and my rate is $4000 for 5 years so I'm good Btw im 19 and have one wrx under my "totaled cars" file... I miss my wrx : :

02-08-2008, 07:21 AM	#19
mdefalco25 Professional STI Driver Car: Silver 05 WRX STi Fav Mod: Advan RGIIs Location: Bloomington IL Posts: 407 Join Date: Apr 2004 Trader Rating: (2)	Re: Anyones Insurance go up this year? There are a few variables that would increase your insurance. I work for an insurance company and I can tell you for a fact that our cars were designated a poor rating from an insurance perspective. What this means is YES our cars are safe, and YES they made Consumer Reports safest cars to drive for its class. However, over the next several years our car and others are taking a hike in insurance. The reason is because of where the battery is placed in our cars. If you are to ever get into a serious front end accident your battery could potentially explode and spray acid over your entire engine. POOR DESIGN. A lot of cars do this. Not to say this is the only reason, like I said there are a lot of variables such as age and record. However, this is a big reason why your rates went up with no changes in your record... This information I gathered came from a place w/n my company that analyzes designs of cars before they hit production and make suggestions on how to engineer cars for cheaper claims. Just my 2 cents.

02-11-2008, 02:15 AM	#21
*jnprn2003* The Stig II Car: 07 STi, 07 Speed 3.. Fav Mod: Meth protune 323+/380+ Location: The Ocean State Posts: 1,737 Join Date: Feb 2007 Trader Rating: (8)	Re: Anyones Insurance go up this year? Mine went up $50 per month...following my lovely accident where no one or other thing than my car was damaged....Allstate FTL

02-11-2008, 03:19 AM	#22
Kickstand Professional STI Racer Car: '07 SWP STi Fav Mod: Limited Wing! Location: Jacksonville, FL Posts: 684 Join Date: Feb 2007 Trader Rating: (1)	Re: Anyones Insurance go up this year? mine went up a slight bit, like $50 over 6 months. Don't know why though. I even passed the magical 25 mark.

02-11-2008, 04:22 AM	#23
*///M Power* STI Reconstruction Guru Car: 06 WRB STI Fav Mod: 22k complete reconstruction Location: Cary, NC Posts: 1,470 Join Date: Mar 2006 Trader Rating: (1)	Re: Anyones Insurance go up this year? Allstate went up but I got even, I swithced to Liberty Mutual and saved 1300/yr on my policy!

02-17-2008, 03:53 AM	#24
dr.sti Junior STI Driver Car: crystal grey 05 sti Location: Queens, NY Posts: 63 Join Date: Oct 2004 Trader Rating: (0)	Re: Anyones Insurance go up this year? I am 34 years old and have no tickets or accidents but Geico wanted $2800yr for the insurance of my 05 sti here in NYC. I called to see if it was a mistake but they said the car was reclassified this year because of the amount of claims made with this model. I switched to Progressive and now it's $1200yr. Hard to believe!! I had Geico for over 10 years!!

03-01-2008, 08:35 AM	#25
V8Huntr Spec C Club Car: 04' WRB STi Fav Mod: TBE Location: Allentown, PA Posts: 1,515 Join Date: Sep 2006 Trader Rating: (0)	Re: Anyones Insurance go up this year? Well my Esurance policy just renewed and it went up $150/6mo. I just got off the phone with them and the guy on the phone explained that ALL Esurance policies for PA had increased premiums after Feb 21, 2008 due to Esurance having to pay out more of a percentage than what they're taking in. Esurance apparently went to the State and was allowed to increase rates for the state of PA. So if anyone has Esurance and lives in PA, that's why your rates went up.

03-07-2008, 07:42 PM	#28
04SubieDude Amateur STI Driver Car: 04 WRB STI Fav Mod: Stage 2 Location: Texas Posts: 37 Join Date: May 2007 Trader Rating: (2)	Re: Anyones Insurance go up this year? wow im 21 years old and mine dropped from 270 a month to 180 a month this year This ad is not endorsed by this member. Please register or login to hide this ad.