Poll:How Do You Get Your Insurance (Home, Auto, Umbrella)?

[Pscott2019]

Amica - 40+ years. My father has been with them for 50 years. Fantastic service. Probably not the cheapest.

[tmm99]

Quote:

Originally Posted by travelover Next time, stick the device on your grandmother's car for 6 months.

Hey, my DH already drives like a grandma. (30% is the maximum discount possible, and he's got it!)

[geeky_grrl]

Mutual of Enumclaw

I use an independent agent because that is the only way they sell their insurance. I was in a bad car accident a bunch of years back and had to deal with three insurance companies and Enumclaw was the only one that I'd be willing to do business with again.

[MikeD]

We had Nationwide for 40 years. They raised prices at least a little every year.

Having insurance makes me feel better. I wanted good insurance coverage with good service. I called the local Chubb guy and he beat Nationwide's price by about 10% for way better coverage.

I feel good about my insurance coverage.

Feeling good is what I live for.

Mike D.

PS - Apparently, Chubb sends private fire trucks to protect some of their customers in forest fires.

[nun]

I use a local agent and reassess my needs each year.


Sent from my iPhone using Early Retirement Forum

[CoolRich59]

Quote:

Originally Posted by davebarnes AMICA for service. Not for price. 45 years with them.

I just switched from State Farm*. Amica has great reviews and had a pretty competitive rate.

I was ready to switch, but their underwriter kept coming back with questions about my home (built in 1945). There was no deal breaker, but I got impatient waiting and so got a fourth quote from AAA.

I had no hard feelings towards Amica, but AAA beat their quote significantly and so they got my business.

I was impressed by the Amica rep's response. He thanked me for my time and for considering Amica. He asked if he could contact me in a year to see if they could try for my business again. I told him "Absolutely".

(* I was only with State Farm for 18 months. The first renewal they significantly increased my premium for auto even though neither I nor my wife had any tickets or accidents. I complained, but got the "unforeseen losses hit us hard" sob story. After two hurricanes in Texas and Florida, and wildfires in the West, I assumed that I could expect more "unforeseen losses" premium increases and so I said 'adios'.)

[MikeD]

Quote:

Originally Posted by CoolRich59 I just switched from State Farm*. (* I was only with State Farm for 18 months. The first renewal they significantly increased my premium for auto even though neither I nor my wife had any tickets or accidents. I complained, but got the "unforeseen losses hit us hard" sob story. After two hurricanes in Texas and Florida, and wildfires in the West, I assumed that I could expect more "unforeseen losses" premium increases and so I said 'adios'.)

I think the unforeseen losses cry/statement from an insurer is just utter crap, IMO. Isn't that what they are paid to figger out? And why would they expect their customers to pay more so that they could make up for their lack of foresight? Unless every insurer does this, I expect that they will be priced out of that market quickly.

I am not a businessman but I am an expert customer with many years of experience in the market. My usual approach to buying things is that I decide what I want, look for that at the cheapest rate, and buy it. While deciding what I wanted in the house and car insurance dept, I included service and customer support in the decision. Hence, I am a Chubb customer. When I buy things from Amazon, I do not expect service and don't expect to pay more for it.

If I have to interact frequently with a service provider I consider their support. I wanted to feel secure with my insurance and paid more for that. I hope I did the right thing!

Mike D.

[CoolRich59]

Quote:

Originally Posted by MikeD I think the unforeseen losses cry/statement from an insurer is just utter crap, IMO. Isn't that what they are paid to figger out?

100% agree.

When your business managing risk, to say you suffered with "unforeseen losses" that you can't cover out of premiums and reserves is basically saying you suck at your core business function.