Insurance Rates Going Up (State Farm Insurance)

The claim experience on your make and model of vehicle has resulted in an increase to your vehicle rated group for… (comprehensive coverage, collision coverage, and bodily injury and/or property damage coverage)

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Heat said:

In February I will have had my '09 Sport for one year and recently received an insurance renewal notice. State Farm Insurance has changed the group in which the Mazda5 is rated.

From my notice:



The result was that my insurance bill went from about $175 to $201 for six months.

Liability: 100,000/300,000
200 Deductible comprehensive
500 Deductible collision
Uninsured Motor Vehicle Bodily Injury 100,000/300,000
Underinsured Motor Vehicle Bodily Injury 100,000/300,000

It's not a lot of money, but still it's more money out of my pocket. The $201 is after four reductions: Multi-line, multi-car, antitheft, and accident free which total up to about $138 in reductions.

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DKaz said:

$201 for six months of insurance?! Man I'd love to pay that little.

$271/mo for insurance?! Dude that sucks!

My insurance's going down a bit to $79/mo basic and $63/mo optional ($3 mil 3rd party, $200 deductible comprehensive, $500 deductible collision) $300,000 is not a lot of liability, I would highly suggest upping it to a minimum of $1 mil.

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wmzda5 said:

Same story w/ me, used to insure with Statefarm until sept last year. They want to increase the premium from $236/mo to $271/mo for the same reason. Luckily that same day I got a flier (Johnson Insurance) in the mail and got a quote. I saved $1100 CAD/yr. Check it out.

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wmzda5 said:

Thats nothing, I remember paying up to CAD333 TPL for a 1994 caravan. I think Ontario has the highest rate insurance in canada.

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Mazda5wannabe said:

I have no choice but to buy basic insurance from ICBC, but buy comprehensive through a private carrier, I'm at $110/mo.

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