anyone else get dropped from state farm yet?

[Shawn1112]

strange State Farm is just dumping customers

I check every now and then and nobody can touch american family pricing when you combo house + cars.

Had Amfam for the better part of 10 years. Every year auto and home owners went up. No tickets, no accidents and no claims on the house until the last year of being with them. Had a water pipe break under basement floor, but was only $6k in damage. Called Angela at KRW and she beat their prices.

 

[Bruce Jibboo]

I will give her a shout sometime soon, I'll report back if there is any savings or how much more they want

 

[Sprayin]

I've had Geico for quite a while now and I've never had any issues. Had claims in both my brothers car and my car last year and it was no problem at all.

 

[Yaj Yak]

Looks like it's happening more with them according to this:

https://www.consumeraffairs.com/insurance/statefarm_home.html

Whoa. Thanks [MENTION=750]RICH17[/MENTION] for the heads up on this. Getting tired of my Allstate rates continuously going up every 6 months with no claims, and was considering SF, but not after this.

fwiw this link is for homeowners claims & policies.

here is allstate homewners reviews:

https://www.consumeraffairs.com/insurance/allstate.htm

here is allstate auto reviews on that same site:

https://www.consumeraffairs.com/insurance/allstate_auto.html

and state farm auto reviews on the same site.

https://www.consumeraffairs.com/insurance/statefarm_auto.html

 

[CuzzinOlaf]

My friend used to be a broker and set me up with West Bend mutual years ago. I've shopped around and no one has beat their price to date. I have a friend in the insurance restoration business (fires, floods, etc.) and another in auto body and neither had anything bad to say in dealing with them on claims. Most insurance companies max bike accessory coverage at $30k, West Bend has me at $40k in just extra coverage. I pay $700 a year on the bike, my friends with other companies pay that for regular coverage. I will shop around once my ticket falls off my MVR, but so far no one has come close.

 

[b4black]

If they drop all the high risk people (tickets/claims), then the rates ought to be super cheap.

I bet it won't work out that way.

 

[zenriddles]

Been with SF over 35 years now.
House, Cars, Life, etc.

Had a bad year about a decade ago, lost 4 cars to other driver impact. One was actually sitting at a stoplight with 2 police cars with lights going cleaning up an accident.
Truck was doing about 30 when the rubber-necking driver rear ended me.
Cops just shook their heads. Very Simpsons moment.
SF sent me a warning letter saying "we're not accusing you of anything, we're just saying" and threatening to drop me if I didn't 'clean up my act'.

A couple phone calls later I have never heard from them again. Must have triggered an algorithm.

 

[10thSVT_03]

Our entire family uses the same agent. I shopped my policy around and no one came within 300 a year of them. They were all a lot more. I have a dozen policies myself and now add my parents and their policies, in laws and theirs, siblings and all theirs so we will be with them until we decide to leave. They take really good care of us also.

 

[Angela@KRWINS]

[MENTION=340]Eagle[/MENTION] & [MENTION=2761]Shawn1112[/MENTION] thanks for the shoutout.

Let's face it, insurance sucks. It's the only commodity that you purchase that you hope you never use. That being said, I have heard over the years that State Farm "cleans house". I did read 6 weeks ago that their loss reserves are higher than expected in both Home & Auto. So this type of thing is going to happen.

With that said, please find coverage to replace prior to being terminated. You will actually pay less than having a gap in coverage. Also, shop around & try to find an independent broker that can do the shopping for you. PM me with any questions, if you would like. Thanks

 

[Gone_2022]

Sometimes I'm shocked to see state farm still in business. Both times when looking for auto and home insurance they were not even in the same universe when it came to pricing compared to every other company. I laughed so hard when I got a quote from them

 

[RICH17]

Just contacted progressive tp try and drop my rates. told me they cant do any better. It's a fucking joke. I pay 30 more a month than my 25 year old buddy who has the same car, has double the commute, and has a speeding ticket in the last year.

 

[CMNTMXR57]

So I just called my state farm agent to reinstate coverage on the Caddy as I plan to pull it out this weekend.

I asked them specifically about what is going on with this thread, and he said State Farm will ONLY do this is their is a pattern of high risk with the insured. Not just because you made a claim. But it is a history of claims, perhaps teen drivers on the policy contributing to the risk, etc, etc...

I asked him if I was at risk as I have had claims over the years and then two years ago, a new roof on our house and he said "NO, you don't have a pattern developing..."

So I'm not accusing anyone of anything, but OP, is there part of the story you're not telling?

 

[Shawn1112]

Just contacted progressive tp try and drop my rates. told me they cant do any better. It's a fucking joke. I pay 30 more a month than my 25 year old buddy who has the same car, has double the commute, and has a speeding ticket in the last year.

Do you guys live in same area? I always thought that part of your cost was based on your zip code

 

[CMNTMXR57]

Sometimes I'm shocked to see state farm still in business. Both times when looking for auto and home insurance they were not even in the same universe when it came to pricing compared to every other company. I laughed so hard when I got a quote from them

State Farm is actually one of the most popular insurer's out there. Just look at all the people in here (Myself included) that have them.

Yes, they may be a little more expensive than GEICO (I know this because we've been converting our vehicles over to that for that specific reason), but in the past, when I have needed them, they have had top notch, no questions asked, customer service.

 

[importcrew]

[MENTION=340]Eagle[/MENTION] & [MENTION=2761]Shawn1112[/MENTION] thanks for the shoutout.

Let's face it, insurance sucks. It's the only commodity that you purchase that you hope you never use. That being said, I have heard over the years that State Farm "cleans house". I did read 6 weeks ago that their loss reserves are higher than expected in both Home & Auto. So this type of thing is going to happen.

With that said, please find coverage to replace prior to being terminated. You will actually pay less than having a gap in coverage. Also, shop around & try to find an independent broker that can do the shopping for you. PM me with any questions, if you would like. Thanks

You do commercial insurance as well for concrete flat work? State Farm doesn't touch flat work and my wife is trying to look for cheaper coverage for her s-corp.

 

[RICH17]

Do you guys live in same area? I always thought that part of your cost was based on your zip code

He commutes from Batavia to right around Peoria every day. I go from Streamwood to Huntley every day.

 

[CMNTMXR57]

Elgin, West Chicago, Batavia, St. Charles, Geneva, Hoffman Estates, etc...

 

[Grabber]

We had state farm for years and years. For years, we never received tickets or had accidents. On the first accident we had, our premiums went up over $50 a month. 2nd time around, another $40 or so more per month. Eventually, we were paying over $400 and they wouldn't lower the rates.

Went to farmers, got a quote for more coverage, better deductibles and we pay about $250 a month.

One thing I will never understand is the generalization with insurance companies. Rates go up and they say it is due to a car like ours that has had many claims, etc. So, because other people are getting into accidents and have the same car, we are penalized for it? This is not just state farm, but, in general.

So far, really happy with Farmer's, the customer service when we have basic questions and the response time of our agent.

 

[RICH17]

I still don't get how my credit score affects my rate.

 

[CMNTMXR57]

Sometimes employers look at it too. Why?

It's generally a good litmus test of character. If you can't manage your finances well (and I don't mean by maintaining a perfect score), what makes them think that you would make good decisions as an employee of their organization. Or while operating a your vehicle that they insure against loss, etc, etc... All insurance is, is a company underwriting your risk potential. If you have a 400 credit score, you show that you can't manage your money, are in default possibly, which if the vehicle is secured by a loan, that then becomes another risk to them... See where I am going?

Not that I agree with this mind you, just saying...

 

[Knowklew]

I still don't get how my credit score affects my rate.

Statistically I think lower credit scores correlate to more accident potential. I am sure there is some formula they use and it probably shows what I just stated.

 

[RICH17]

ridiculous

 

[daturbosix]

so far american family has come in about $600/yr than what i have currently through state farm. just waiting on the homeowners to come back with a decent number.

farmers is about $550 more per year total, home & auto.

 

[Angela@KRWINS]

You do commercial insurance as well for concrete flat work? State Farm doesn't touch flat work and my wife is trying to look for cheaper coverage for her s-corp.

Yes, we do. We are a full line agency that can provide employee benefits, personal lines, commercial, and even retirement funding. We also have specialty insurance coverage opportunities. We can be a one stop shop & since we became a part of AJ Gallagher, we are now a part of the third largest insurance agency in the world.

 

[importcrew]

Yes, we do. We are a full line agency that can provide employee benefits, personal lines, commercial, and even retirement funding. We also have specialty insurance coverage opportunities. We can be a one stop shop & since we became a part of AJ Gallagher, we are now a part of the third largest insurance agency in the world.

Nice to heat that. I'll have to gather all the necessary info when I have an opportunity and send it to you. We just paid off the remainder of the current policy up till September. So no rush but would be nice to get a quote.