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My state farm car insurance has gone up 75% due to "various industry factors outside of...

Posted on 10/31/23 at 1:49 pm
Posted by BlackPawnMartyr
Houston, TX
Member since Dec 2010
15298 posts
Posted on 10/31/23 at 1:49 pm
our control" in the last 6 months.


Things getting really expensive the last 3 years and we havent even hit a real world war yet.

Posted by lsu777
Lake Charles
Member since Jan 2004
30966 posts
Posted on 10/31/23 at 1:50 pm to
isnt just state farm....all companies did

much of it because replacement cost on parts and overall vehicle have far out paced the rise in premiums.
Posted by SantaFe
Baton Rouge
Member since Apr 2019
6529 posts
Posted on 10/31/23 at 1:51 pm to
What type of vehicle do you drive and what model year is it?
Posted by Chad504boy
4 posts
Member since Feb 2005
166144 posts
Posted on 10/31/23 at 1:51 pm to
very subtle "i own a car" thread is subtle.
Posted by JTM72
BR, LA.
Member since Mar 2014
1186 posts
Posted on 10/31/23 at 1:52 pm to
I have state farm as well, and my bill has gone up quite a bit too. I have shopped around, and either everyone else is higher, or they aren't even accepting anyone new right now. shite suckssss
Posted by lsuhunt555
Teakwood Village Breh
Member since Nov 2008
38405 posts
Posted on 10/31/23 at 1:52 pm to
The solution is called "Stop suing the shite out of each other".
Posted by nola tiger lsu
Member since Nov 2007
5273 posts
Posted on 10/31/23 at 1:54 pm to
quote:

The solution is called "Stop suing the shite out of each other".


This. Also Better Judges and Juries.
This post was edited on 10/31/23 at 1:55 pm
Posted by jsmoke222000
Lake Charles
Member since Oct 2007
6204 posts
Posted on 10/31/23 at 1:55 pm to
I recently signed up for state farms drive & save program. It saved me $200 every 6 months.
Posted by Demonbengal
Ruston
Member since May 2015
1263 posts
Posted on 10/31/23 at 1:56 pm to
At least they made Jake from State Farm black. Could be worse.
Posted by Ping Pong
LSU and UVA alum
Member since Aug 2014
5346 posts
Posted on 10/31/23 at 1:58 pm to
quote:

The solution is called "Stop suing the shite out of each other".


100%

Sadly, Louisianans are easily susceptible to cheesy advertisements by injury attorneys.

Its amazing how few people understand the amount of harm those ambulance chasers have done to this state.
Posted by Mushroom1968
Member since Jun 2023
1555 posts
Posted on 10/31/23 at 2:00 pm to
Congrats on having insurance
Posted by TopWaterTiger
Lake Charles, LA
Member since May 2006
10186 posts
Posted on 10/31/23 at 2:00 pm to
quote:

The solution is called "Stop suing the shite out of each other".


This. Also Better Judges and Juries.


not really the fault this time...

quote:

much of it because replacement cost on parts and overall vehicle have far out paced the rise in premiums.


winner....You can thank covid, shite supply chain, shity president, etc. for this one.

My mom got hit, insurance sent check. Shop still holding check almost a year later because they can't get the door. Not 1 single door for this car in the entire U.S.
Posted by KemoSabe65
70605
Member since Mar 2018
5121 posts
Posted on 10/31/23 at 2:18 pm to
Ain’t nobody need all da doe on a car, ya heard.
Posted by Jmcc64
alabama
Member since Apr 2021
513 posts
Posted on 10/31/23 at 2:18 pm to
sure enough I just looked at my latest Ala State Farm bills and both those vehicles went up about 25% over the Spring premiums
Posted by doublecutter
Hear & Their
Member since Oct 2003
6574 posts
Posted on 10/31/23 at 2:25 pm to
I'm with Geico and renew every 6 months. Back in May, my premium increased by 20% and I expected the November renewal to have another substantial increase. But the November renewal only increased by $17 for the next 6 month contract.
Posted by BlackPawnMartyr
Houston, TX
Member since Dec 2010
15298 posts
Posted on 10/31/23 at 2:30 pm to
quote:

The solution is called "Stop suing the shite out of each other".


Its because of supply chain increases. Probably having to do with China decoupling and potential world war, but the second part is just extrapolation.
Posted by lsuhunt555
Teakwood Village Breh
Member since Nov 2008
38405 posts
Posted on 10/31/23 at 2:30 pm to
quote:

Also Better Judges and Juries.

Better jurors are impossible at this point. We live in a broken society in regards to that. Average people think that the insurance companies have unlimited funds and they can afford it.

Judges are where we should be focusing. They should not be allowed campaign donations from trial attorneys. You’re going to honestly tell me judges that had enormous donations from Morris Bart and Gordon Mckernan are going to be impartial when over seeing an injury trial when they’d involved?
Posted by Poker_hog
Member since Mar 2019
2920 posts
Posted on 10/31/23 at 2:33 pm to
Having 10 commercials every NFL game aint cheap.
Posted by jbraua
Oklahoma City, OK
Member since Oct 2007
6794 posts
Posted on 10/31/23 at 2:40 pm to
I just posted this in another thread on the same topic:

The insurance industry is struggling to make up for unprecedented inflation caused by both COVID shortages and Biden's failed economic policies. Farmers laid off 12% of its work force last week, GEICO 7.5%. The big companies aren't even writing in states like CA and FL right now because they're losing more per policy than they are collecting in premiums. It's only going to get worse before it gets better. Thank sleepy Joe in the meantime.
Posted by HoopyD
Member since Nov 2004
3269 posts
Posted on 10/31/23 at 2:42 pm to
Those record breaking Jello shot purchases ain't gonna pay for themselves.
This post was edited on 10/31/23 at 2:46 pm
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