Had Allstate , raised rates and switch to state farm cheaper. After 2 years raised rates for no reason and gave no explanation. Switch to travelers and saved $450 for 6 mo . Have three vehicles.
They are sneaky though .
They have a option called IntelliDrive which saves 6 prr cent . You install it on ur call for 90 days and monitors your driving habits . Safety they say , but it tracks your mileage so on renewal they can raise your rates if you drive over your stated miles .

An Umbrella Policy is the cheapest protection u can get…. It covers just about everything u own…

We have had State Farm for over 35 years, after switching from AllState. Of course, we now have huge discounts, having all of our insurance with them.

They more than likely raised your rates only because of your age. They were hoping you would cancel your policy.

AAA .. bundle the home and auto and get a great deal.

Partially correct. Both are liability coverages, but umbrella coverage only pays for claims that exceed your underlying liability coverage. If your auto liability coverage has a limit of $100,000 and you have a $1,000,000 umbrella policy and have a claim against you for $250,000, your auto policy will pay the 1st $100,000 and your umbrella will pay $150,000.

I have had umbrella policies in the past, but they only increased the liability limits on my home and auto policies. They did not offer any protection for additional risks. I don't know what kind of umbrella policy you are referring to, but some people mistakenly think that an umbrella policy will protect them from events that are not covered in their home and auto policies. The ones I had did not. If there is an umbrella policy that will cover risk events that are not covered in the standard home and auto policies, I would be interested in finding out specifically what they cover and who sells them. Thanks.

Best thing you can do is to shop around. Forget about company allegiance. A thing of the past. I was in the insurance biz. $311 seems very low unless you are buying minimal coverage. Working with a local person/company also is disappearing.

We moved from S. Florida. We are now paying 40% less. Suspect that our rates are going to go up a lot more, due to increases in vehicular traffic.

Suggest going to a local independent agent. They have the resources to get you multiple quotes.

Correct. But, also, most companies will not sell you an umbrella policy unless you already have the maximum allowable liability coverage on your home and auto policies. So, it would be unlikely that you would have an umbrella policy and also have an auto policy with only $100,000 of liability coverage. Both Allstate and State Farm will allow you to purchase an auto policy with $1 million in liability coverage. Progressive will allow up to $250,000 in liability coverage for most customers.

Ohiobuckeye
 

Oh they care about customers they already have but they’re in business to make money. Like most Ins. Co. if all of their clients had wrecks or fender benders, it’s costing that Ins. Co. money so how do we think they stay in business, raise all their clients rates to cover their expenses. Otherwise they would go broke. I think you’ll find that out with any Ins. Co. you go with.
You might get a good rate the first yr. or 2 but your rates will go up there too, real soon! Just my opinion but do what you want.

It does seem low to me also. I plan to visit the State Farm office to ensure that they have quoted me correctly. But, the coverage includes $1 million in liability and $500 deductibles for collision and comprehensive. I save money by not buying any other non-mandatory coverages. I do not have the uninsured motorist insurance (optional in FL), which I think is a waste of money. I know some people disagree with that approach, but, as I understand it, it doesn't provide any liability protection for me.

retiredguy123:
I shopped recently and GEICO and Progressive were the highest. I stayed with my current insurer, Auto-Owners, sold through independant agents. They were still cheaper. Not a recommendation, just a suggestion for a lower rate. [BTW: Report back here with coverage limits, your age and your car model along with your new premium when you get new insurance. Thanks.]

I would never buy from AllState. Knew someone who worked in their claims processing unit and she had to quit because she did not like their shady practices in treating their own customers during a claim.

And that Lexis/Nexis Report: I would NEVER enter my SSN, DOB, Address and Driver's License Number on an internet page. If they ever get hacked, say goodbye to your identity. The Target breach was enough for me two years ago.

Skip

I thought that too but years ago a friend in the business told me most states have laws that prevent insurance companies from "introductory rates" (like cable TV, etc.). They are not allowed to quote $500 for the first year or two, then jack you up to $700, then $900 after that. The rate is supposed to be based on RISK (not be an income REWARD). Anyone know what the insurance law is in Florida? Former insurance sales agents out there, reading this?

Skip

Exactly. But where’s the love anymore? No love it’s just business.🤑

If veteran USAA the way to go period