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re: State Farm raising auto rates - Covid is over
Posted on 4/25/21 at 11:21 am to fatboydave
Posted on 4/25/21 at 11:21 am to fatboydave
quote:
State Farm raising auto rates
A lot of angry people on here about insurance companies.
News flash:
Insurance is a business. All carriers are looking to make profits.
If you don’t like really high insurance rates in LA may I suggest moving someplace where the rates are less.
High rates here are caused by the extremely high number of uninsured drivers, the out of control plaintiff bar, and apparently the weak physical bodies of LA citizens that feel every fender bender entitles them to brain damages being awarded.
Additionally, if you don’t want to buy auto insurance then you need to take that up with the state legislature that mandated that you have it if you want to drive an auto on public streets.
Perhaps we should abolish all private insurance carriers and have a state run company?
Additionally, as it relates to home insurance rates. Once you are no longer a tenant in your house and don’t have a bank as your landlord you are free to not buy it. Until then the bank owns your house and wants its asset protected.
Posted on 4/25/21 at 11:43 am to DJT4577
Semi angry undertones but good post.
State Farm is doing what they can to maximize profits. No one complained when insurance companies dropped their rates.
State Farm is doing what they can to maximize profits. No one complained when insurance companies dropped their rates.
Posted on 4/25/21 at 4:15 pm to DJT4577
State Farm does ok by us for now. Think we are at $289 for two vehicles in Louisiana. 500/500/500. $100 deduct, comprehensive.
Vehicles are a 2020 and 2018.
God help us if we somehow make a claim though.
Vehicles are a 2020 and 2018.
God help us if we somehow make a claim though.
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