Join Early Retirement Today
Reply
 
Thread Tools Search this Thread Display Modes
Insurance companies!
Old 03-23-2006, 11:40 AM   #1
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
cute fuzzy bunny's Avatar
 
Join Date: Dec 2003
Location: Losing my whump
Posts: 22,697
Insurance companies!

Ok, we've broached this topic here and there before with some personal favorites.

I'm looking for a change.

I currently have home, three auto's and an umbrella policy with Farmers. All was well until I got married and merged my wifes farmers policies with my own. Since then I havent gotten a single statement, bill, or piece of coverage thats been completely correct. I havent been able to look at my policies on their web site. They make things better by automatically changing stuff that IS correct to make it wrong. At this point I have to scrutinize every piece of paper I get from them to look for the errors, and I've spent about 20 hours on the phone with the agent correcting problems over the last few months. Thats too much.

Looking for an insurance company that has reasonable prices, a good web site/automation so I can look at my policies and see options and other available coverages, allows me to autopay the bills (farmers doesnt without fees), pays their claims (although I rarely file any), and is easy to deal with. In other words, someone who is pretty internet enabled and in the 21st century rather than the 19th.

I see from consumer reports that the top contenders are:

- new jersey manufacturers (I'm thinking with a name like that i'm not going to be in their area?)
- Amica
- USAA
- Auto-owners (never heard of them)
- State Automobile (never heard of them either, maybe a regional company?)
- USAA casualty (whats their relationship to USAA?!?)
- State Farm
- Hartford Underwriters
- Geico

I think some of these guys do just cars. I'd like all my coverage with one company to avoid inter-company squabbles on claims.

Any suggestions?

__________________

__________________
Be fearful when others are greedy, and greedy when others are fearful. Just another form of "buy low, sell high" for those who have trouble with things. This rule is not universal. Do not buy a 1973 Pinto because everyone else is afraid of it.
cute fuzzy bunny is offline   Reply With Quote
Join the #1 Early Retirement and Financial Independence Forum Today - It's Totally Free!

Are you planning to be financially independent as early as possible so you can live life on your own terms? Discuss successful investing strategies, asset allocation models, tax strategies and other related topics in our online forum community. Our members range from young folks just starting their journey to financial independence, military retirees and even multimillionaires. No matter where you fit in you'll find that Early-Retirement.org is a great community to join. Best of all it's totally FREE!

You are currently viewing our boards as a guest so you have limited access to our community. Please take the time to register and you will gain a lot of great new features including; the ability to participate in discussions, network with our members, see fewer ads, upload photographs, create a retirement blog, send private messages and so much, much more!

Re: Insurance companies!
Old 03-23-2006, 11:47 AM   #2
Moderator Emeritus
Nords's Avatar
 
Join Date: Dec 2002
Location: Oahu
Posts: 26,616
Re: Insurance companies!

Quote:
Originally Posted by Cute 'n' Fuzzy Bunny
- USAA
- USAA casualty (whats their relationship to USAA?!?)
Maybe Brewer knows the logic behind this, but I think the car insurer is split off from the property/liability insurer. I think state regulation/licensing make it easier for insurance companies to split everything else from the car insurance.

If you have any military service or any possible military connection (relatives or in-laws) then call USAA and see if they can make you a member. USAA's demographics are dying off quickly and they're trying to jack up my rates expand their customer base. Their car insurance service is top-notch and their rates are the lowest I've ever found.

Second place for cheap car insurance might be GEICO, but their customer service seems uneven.

Another option for military-related insurance is Armed Forces Insurance Exchange. They're pretty small and they've been raising their rates lately but they're still cheaper than USAA. Always had good customer service from them too.
__________________

__________________
*
*

The book written on E-R.org, "The Military Guide to Financial Independence and Retirement", on sale now! For more info see "About Me" in my profile.
I don't spend much time here anymore, so please send me a PM. Thanks.
Nords is offline   Reply With Quote
Re: Insurance companies!
Old 03-23-2006, 11:59 AM   #3
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
cute fuzzy bunny's Avatar
 
Join Date: Dec 2003
Location: Losing my whump
Posts: 22,697
Re: Insurance companies!

My dad was in the navy and two uncles in the marines...is that close enough and is it a pain in the butt to qualify?

Geico doesnt do home policies, do they?

I notice when I write checks to farmers the home goes to "Fire Insurance Exchange", the car to "Farmers" and the umbrella to "Farmers Truck" (which seems a little weird).
__________________
Be fearful when others are greedy, and greedy when others are fearful. Just another form of "buy low, sell high" for those who have trouble with things. This rule is not universal. Do not buy a 1973 Pinto because everyone else is afraid of it.
cute fuzzy bunny is offline   Reply With Quote
Re: Insurance companies!
Old 03-23-2006, 12:02 PM   #4
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
brewer12345's Avatar
 
Join Date: Mar 2003
Posts: 16,391
Re: Insurance companies!

If you can get access to USAA's products, check with them first. *Top notch service, good rates, strong company. *But you have to be military or had close family be military.

Amica is excellent, but tends to be expensive.

Check out Hartford and State Farm.

DEFINATELY price GEICO. *Very cheap, IME, but they won't do the homeowners' policy.

I'd probably also check out Progressive, get quotes from www.insure.com *and talk to an independent local agent that deals with lots of companies.
__________________
"There are three kinds of men. The one that learns by reading. The few who learn by observation. The rest have to pee on the electric fence for themselves."



- Will Rogers
brewer12345 is offline   Reply With Quote
Re: Insurance companies!
Old 03-23-2006, 12:05 PM   #5
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
cute fuzzy bunny's Avatar
 
Join Date: Dec 2003
Location: Losing my whump
Posts: 22,697
Re: Insurance companies!

USAA's qualifications...
In the military
Separated from the military
Retired from the military
Married to someone actively serving in the military (Active, National Guard, Reserve, pre-commissioning)
Adult child of a current or former USAA member
A spouse or former spouse of a USAA member

Doesnt look good. I'll call them and see if "Dad used to be in the military and saw a USAA sign once" works...
__________________
Be fearful when others are greedy, and greedy when others are fearful. Just another form of "buy low, sell high" for those who have trouble with things. This rule is not universal. Do not buy a 1973 Pinto because everyone else is afraid of it.
cute fuzzy bunny is offline   Reply With Quote
Re: Insurance companies!
Old 03-23-2006, 12:18 PM   #6
Full time employment: Posting here.
 
Join Date: Feb 2006
Posts: 784
Re: Insurance companies!

That's simple. You just have to get your dad to sign up with them first.

(Hey, maybe even get a referral bonus?)
__________________
Cool Dood is offline   Reply With Quote
Re: Insurance companies!
Old 03-23-2006, 12:22 PM   #7
Moderator Emeritus
Nords's Avatar
 
Join Date: Dec 2002
Location: Oahu
Posts: 26,616
Re: Insurance companies!

Quote:
Originally Posted by Cute 'n' Fuzzy Bunny
My dad was in the navy and two uncles in the marines...is that close enough and is it a pain in the butt to qualify?
I think that's a ding-ding-ding for both USAA & AFI. *

I don't know how they document the qualification part but it might require providing your dad's full name/SSN/DOB so that they can check the DoD veteran's database. *OTOH they might accept your money word as gospel. *USAA.com & AFI say that you can sign right up if your dad was ever a USAA or AFI member (even if he's not currently). *Otherwise they want to talk to you at 1-800-365-USAA (8722). *AFI is 800-495-8234. *I'd try sweet-talking them on the phone because they might be happy to take your money able to make policy exceptions that they can't show on their websites.

Tell USAA that you're shopping AFI & GEICO. *They hate that and all three make their rate structures as complicated as possible to avoid comparison. *Last time I checked (I'm about to do it again this year) USAA auto was best and AFI won for homeowner's, property, & liability. *Now that AFI has linked with Progressive to add auto coverage to the package, USAA is starting to see a threat. *They frequently add in price breaks to get the whole package, not just auto or just homeowner's.

But instead of spending all that time on the phone being tutored on coverage limits/rate breakpoints, I'm at the point where I'm about to fax my coverage requirements to both companies and invite them to fax back an offer.
__________________
*
*

The book written on E-R.org, "The Military Guide to Financial Independence and Retirement", on sale now! For more info see "About Me" in my profile.
I don't spend much time here anymore, so please send me a PM. Thanks.
Nords is offline   Reply With Quote
Re: Insurance companies!
Old 03-23-2006, 12:36 PM   #8
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
cute fuzzy bunny's Avatar
 
Join Date: Dec 2003
Location: Losing my whump
Posts: 22,697
Re: Insurance companies!

I'll call 'em to see if they'll let me weasel in.

Only other companies that have coverage I want in california that are in the top half of the consumer reports list for service are:

Amica
CSAA (part of AAA)
State Farm

Any knee jerk "Yea" or "Nay" on any of those?
__________________
Be fearful when others are greedy, and greedy when others are fearful. Just another form of "buy low, sell high" for those who have trouble with things. This rule is not universal. Do not buy a 1973 Pinto because everyone else is afraid of it.
cute fuzzy bunny is offline   Reply With Quote
Re: Insurance companies!
Old 03-23-2006, 12:42 PM   #9
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
brewer12345's Avatar
 
Join Date: Mar 2003
Posts: 16,391
Re: Insurance companies!

Quote:
Originally Posted by Cute 'n' Fuzzy Bunny
I'll call 'em to see if they'll let me weasel in.

Only other companies that have coverage I want in california that are in the top half of the consumer reports list for service are:

Amica
CSAA (part of AAA)
State Farm

Any knee jerk "Yea" or "Nay" on any of those?
Big ol yay to Amica, but they may not be the cheapest. Otherwise a top shelf company.
__________________
"There are three kinds of men. The one that learns by reading. The few who learn by observation. The rest have to pee on the electric fence for themselves."



- Will Rogers
brewer12345 is offline   Reply With Quote
Re: Insurance companies!
Old 03-23-2006, 01:02 PM   #10
Full time employment: Posting here.
 
Join Date: Oct 2002
Posts: 717
Re: Insurance companies!

I've been very happy with State Farm (and they are very happy with me having never made a claim). I am in the process of switching my auto over to them - mainly to get a discount on an umbrella policy. They are currently in a serious campaign to get auto policies, and were competitive with Wawanesa, which noone ever has been in the past.
__________________
Random Reinforcement is Highly Addictive.
riskadverse is offline   Reply With Quote
Re: Insurance companies!
Old 03-23-2006, 01:18 PM   #11
Thinks s/he gets paid by the post
 
Join Date: Jun 2005
Posts: 4,005
Re: Insurance companies!

Very bad experience at State Farm. The incompetence you described sums up my problems with State Farm. Nothing was ever correct the first time around. It may have been my incompetent agent, not the company itself. I had a great experience with them until I switch agents.
__________________
justin is offline   Reply With Quote
Re: Insurance companies!
Old 03-23-2006, 01:51 PM   #12
Thinks s/he gets paid by the post
 
Join Date: Dec 2003
Posts: 1,375
Re: Insurance companies!

Quote:
Originally Posted by Cute 'n' Fuzzy Bunny
USAA's qualifications...
In the military
Separated from the military
Retired from the military
Married to someone actively serving in the military (Active, National Guard, Reserve, pre-commissioning)
Adult child of a current or former USAA member
A spouse or former spouse of a USAA member

Doesnt look good.* I'll call them and see if "Dad used to be in the military and saw a USAA sign once" works...
USAA's policy used to be an active military "officer". Chances are, your dad was enlisted, and last I checked, that's an area that is not qualified for USAA.

__________________
Jarhead* is offline   Reply With Quote
Re: Insurance companies!
Old 03-23-2006, 01:52 PM   #13
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
cute fuzzy bunny's Avatar
 
Join Date: Dec 2003
Location: Losing my whump
Posts: 22,697
Re: Insurance companies!

Part of my problem is with the agent using a cheap assistant to do all the work, and part of it is with the farmers back end systems. My dad has the same problem with his agent. For example, when I added a car, she did the policy for that, but didnt add it to my umbrella. Then didnt give me the ABS discount. Then didnt send me the policy details and proof of insurance. Then the back end system reclassified my expedition from 'pleasure' use to 'commuter' (when it isnt used for commuting), which resulted in an extra $50 charge. None of which I can look at because the web site only allows the customer to 'bond' to one of their three back end systems, and my home is on one while the auto's is on another, and the umbrella is on a third.

:
__________________
Be fearful when others are greedy, and greedy when others are fearful. Just another form of "buy low, sell high" for those who have trouble with things. This rule is not universal. Do not buy a 1973 Pinto because everyone else is afraid of it.
cute fuzzy bunny is offline   Reply With Quote
Re: Insurance companies!
Old 03-23-2006, 02:05 PM   #14
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
brewer12345's Avatar
 
Join Date: Mar 2003
Posts: 16,391
Re: Insurance companies!

Quote:
Originally Posted by Jarhead*
USAA's policy used to be an active military "officer".* Chances are, your dad was enlisted, and last I checked, that's an area that is not qualified for USAA.

Not true any more. Some years back the officers voted to allow the great unwashed masses of enlisted to join the USAA.
__________________
"There are three kinds of men. The one that learns by reading. The few who learn by observation. The rest have to pee on the electric fence for themselves."



- Will Rogers
brewer12345 is offline   Reply With Quote
Re: Insurance companies!
Old 03-23-2006, 02:08 PM   #15
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
HFWR's Avatar
 
Join Date: May 2005
Location: Lawn chair in Texas
Posts: 12,964
Re: Insurance companies!

Have had no problems with Farmer's... HO and auto... Not an endorsement... :P
__________________
Have Funds, Will Retire

...not doing anything of true substance...
HFWR is offline   Reply With Quote
Re: Insurance companies!
Old 03-23-2006, 02:19 PM   #16
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
cute fuzzy bunny's Avatar
 
Join Date: Dec 2003
Location: Losing my whump
Posts: 22,697
Re: Insurance companies!

Quote:
Originally Posted by Jarhead*
USAA's policy used to be an active military "officer". Chances are, your dad was enlisted, and last I checked, that's an area that is not qualified for USAA.
Yep, a swabbie on a destroyer in the korean war. From what I hear, not a lot of fun.
__________________
Be fearful when others are greedy, and greedy when others are fearful. Just another form of "buy low, sell high" for those who have trouble with things. This rule is not universal. Do not buy a 1973 Pinto because everyone else is afraid of it.
cute fuzzy bunny is offline   Reply With Quote
Re: Insurance companies!
Old 03-23-2006, 07:15 PM   #17
Recycles dryer sheets
VoyT's Avatar
 
Join Date: Feb 2005
Posts: 445
Re: Insurance companies!

We've done pretty well with State Farm -- the agent's been good -- though they have a problem that annoys me big time.
We have State Farm Bank rewards cards -- the rebate is a $50 certificate that can be used to make policy payments. When we pay at the agent's office, the corporate computer system can't process the certificate and the check (or credit-card) as 1 payment.
Usually, within a few days of paying, we get a notice from State Farm saying we still owe them the $50. We call the agent, we all sigh, and they assure us that the corporate side has caught up, and we're paid up.
__________________
"Coffee: the finest organic suspension ever devised." -- Kathryn Janeway
VoyT is offline   Reply With Quote
Re: Insurance companies!
Old 03-23-2006, 07:56 PM   #18
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Brat's Avatar
 
Join Date: Feb 2004
Location: Portland, Oregon
Posts: 5,913
Re: Insurance companies!

Been with State Farm (home and auto) for many*years, no problems.* Frugal DH priced GEICO this year, told him they couldn't match the rate.* We started in Portland with friend who is an agent, when we moved he incouraged us to talk to a couple (an agent's $ is impacted by the claim record of their clients).* We had a very good experiance rating.

The agency we now have is OK, but not nearly as good as the guy we left in Portland.

For a couple reasons I would not go with Farmers.* MANY years ago, in NYC, I knew an Allstate attorney.* He would mimic the house with his hands and then flip it over, finger up.
__________________
Duck bjorn.
Brat is offline   Reply With Quote
Re: Insurance companies!
Old 03-23-2006, 09:01 PM   #19
Dryer sheet aficionado
 
Join Date: May 2004
Posts: 25
Re: Insurance companies!

I changed my auto and homeowners to American Express* three years ago* (they have since changed the name to Ameriprise in some sort of spinoff from Amex.)* You might want to check them out. They had the lowest rate of anyone I checked at the time.* Their price was so low I wondered if I would see big increases at renewal time.* I have had three annual renewals with basically no increase in premium.* They do increase my homeowners amount of coverage a little each year (and thus the premium) to keep up with inflation so the house is fully covered.* That increase hasn't amounted to much (homes around here- Indiana - have not inflated much in value).*

I haven't had a claim so I don't know how well they pay off at claim time.

Oh, and they give me an additional discount on homeowners when I retired.* I guess they figure I will be home more often so there's less chance of a burglary, or being home I might catch a fire before it gets out of control.
__________________
mccl is offline   Reply With Quote
Re: Insurance companies!
Old 03-24-2006, 07:28 AM   #20
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
cute fuzzy bunny's Avatar
 
Join Date: Dec 2003
Location: Losing my whump
Posts: 22,697
Re: Insurance companies!

I had major problems with Amex's credit card and investment division. So probably a no-go there.

Checked with a couple of companies. So far they're all looking for substantially higher premiums for identical or similar coverages. One agent told me she'd call me back "in just a couple of minutes" and didnt call back for a couple of hours. <gong>
__________________

__________________
Be fearful when others are greedy, and greedy when others are fearful. Just another form of "buy low, sell high" for those who have trouble with things. This rule is not universal. Do not buy a 1973 Pinto because everyone else is afraid of it.
cute fuzzy bunny is offline   Reply With Quote
Reply


Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
Gaming the insurance system whitestick Health and Early Retirement 8 05-13-2007 09:04 AM
Advice on changing insurance companies donheff FIRE and Money 9 02-05-2007 07:42 PM
Honest question about insurance companies tednvon FIRE and Money 8 11-03-2006 10:12 AM
The book, The New Health Insurance Solution Martha FIRE and Money 20 05-15-2006 11:16 AM
45 companies create insurance pool Al Smith FIRE and Money 1 05-11-2004 08:10 AM

 

 
All times are GMT -6. The time now is 01:39 PM.
 
Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2017, vBulletin Solutions, Inc.