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I was comparing quotes yesterday and found that my EV is the main reason behind the past few rate increases. 10 year old civic would have cost $80 per month vs $145 per month with the newer Bolt EV.
My insurance with USAA, which I've had for over 20 years, has gone up twice since I moved from zip code 27614 to 27616. Very frustrating, and I have no tickets, accidents, etc. and I'm in my 60s.
My insurance with USAA, which I've had for over 20 years, has gone up twice since I moved from zip code 27614 to 27616. Very frustrating, and I have no tickets, accidents, etc. and I'm in my 60s. I called USAA and was told NC approved rate increases.
My insurance with USAA, which I've had for over 20 years, has gone up twice since I moved from zip code 27614 to 27616. Very frustrating, and I have no tickets, accidents, etc. and I'm in my 60s. I called USAA and was told NC approved rate increases.
Yep - the insurance company has determined by their computer and actuary that you are a loyal customer and least likely to switch companies. Therefore, it’s beneficial for them to raise YOUR rates!
Time to call around and take advantage of your no speeding tickets, accidents and that you are not a young hotshot driver.
Part of the problem is that Geico has a HUGE advertising budget, just like Progressive, State Farm, Allstate, etc.
I've been with my independent agent since the summer of 2000, and he has always come through with great rates, even when I had teenagers on my insurance. He writes both the auto policy and the homeowners policy for me, and I could not be happier. We have had one homeowner's claim, and one auto claim in those 23 years, and he handled them quickly and efficiently. He's a longtime Raleigh resident, and too young to retire...haha!
Send me a DM if you'd like his contact info.
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I was with SF for 45 years when a friend introduced me to his Independent agent. I got a quote and switched immediately. They shop my policies around and always find me the best combination of rates with reliable service.
I highly recommend doing your homework and shopping around every two years or so.
I was comparing quotes yesterday and found that my EV is the main reason behind the past few rate increases. 10 year old civic would have cost $80 per month vs $145 per month with the newer Bolt EV.
Newer cars always cost more. My 2014 Toyota Camry is 1/2 the insurance cost of my wife's 2019 Honda Civic.
An article in our NY paper today said the insurance rates will go way up for EV's, a Lexus rear-ended an EV and the repair cost was $40,000 is the example they gave.
All these EV buyers have yet to h how much they would be paying in insurance and repair.
I was reading about the LUCID Air, the luxury EV's the Saudi's invested in, and the owners are complaining about tire blowouts they had because the car is too heavy for 18 inch tires and they must use 21 inch tires, but one owner said he had a blowout with the 21 inch tires also. The warning system doesn't detect pot holes, so they need to drive very carefully to avoid them. Can't imagine having to drive like that not to get a flat tire after spending $120,000 on a EV car.
I think as more EVs hit the road,we will learn more about the plus and cons of owning an EV.
When an EV catches fire,it takes more gallons of water to kill it and sometimes it will reignite?
What if it is a multi car crash,how much water does it take ?
How does an EV perform in a flood?
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