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The New Coffee Room

  1. TNCR
  2. General Discussion
  3. Insurance - I'm an idiot.

Insurance - I'm an idiot.

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  • George KG Offline
    George KG Offline
    George K
    wrote on last edited by
    #1

    Today, I got an email from Allstate about my condo homeowner policy. I was more than a little shocked at the 30% price increase, so I thought it might be good to shop around.

    About a month ago a new State Farm office opened in our building. The guy who owns the franchise has been in business for 25 years, so though it's a new office, it's an old business.

    Wow.

    Without getting into specifics, they gave me quotes on the homeowner and auto insurance.

    The homeowner is half the price of Allstate for the same coverage.

    The auto is ONE THIRD the price.

    Letter went to Allstate today cancelling my policies with them - I'm off to State Farm.

    "Now look here, you Baltic gas passer... " - Mik, 6/14/08

    The saying, "Lite is just one damn thing after another," is a gross understatement. The damn things overlap.

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    • MikM Offline
      MikM Offline
      Mik
      wrote on last edited by
      #2

      We’ve been pretty happy with SF for decades. No one has been able to beat their quotes or service.

      "The intelligent man who is proud of his intelligence is like the condemned man who is proud of his large cell." Simone Weil

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      • jon-nycJ Offline
        jon-nycJ Offline
        jon-nyc
        wrote on last edited by
        #3

        They know people get complacent and most just suck up the price increase. Especially if they procrastinate paying the bill and don’t have time to shop around.

        Thank you for your attention to this matter.

        George KG 1 Reply Last reply
        • jon-nycJ jon-nyc

          They know people get complacent and most just suck up the price increase. Especially if they procrastinate paying the bill and don’t have time to shop around.

          George KG Offline
          George KG Offline
          George K
          wrote on last edited by George K
          #4

          @jon-nyc said in Insurance - I'm an idiot.:

          They know people get complacent and most just suck up the price increase. Especially if they procrastinate paying the bill and don’t have time to shop around.

          That's exactly my situation. I was lazy...

          ETA - last year, when I called my Allstate agent, they said the increase in price is industry-wide. They lied.

          "Now look here, you Baltic gas passer... " - Mik, 6/14/08

          The saying, "Lite is just one damn thing after another," is a gross understatement. The damn things overlap.

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