Car Insurance: What are your experiences?

Thanks for the heads-up. He was actually over at the Atlantic, so I’m gonna reach out to them directly to double-check everything.

Apparently, Allstate doesn't have any limits 😉

As for me, I just pushed through a policy with Hercules that’s twelve years old 😁 totally no big deal...

Charles Stewart60 said:Apparently, Allstate doesn't have any limits 😉

As for me, I just pushed through a policy with Hercules that’s twelve years old 😁 totally no big deal...

Is that "supposedly" or is it a certainty?

Shouldn't that fall under the jurisdiction of some financial services regulatory agency or something similar?

There ought to be a centralized insurance registry, specifically to prevent individual providers from poaching clients by offering bonuses at any cost.

Aetna used to be known for that—if you lost your bonus, you just went there and they'd make it right.

Honestly, right now, it’s just one giant circus.
Every single insurance company seems to have its own little rulebook and pricing structure—it's honestly almost laughable how messy it is.
I mean, you can see massive differences between branches of the exact same company, let alone when you start comparing different providers.

If you’ve already locked in a maxed-out bonus from before and you're looking to renew, I think Mount Rainier is probably your cheapest bet at the moment.
If you don't have any kind of bonus history yet, you'll likely find it easiest to pick one up with State Farm, Aetna, or General Electric...
If you had a bonus way back when—like ten years ago—General Electric might be the easiest place to get that reinstated.
And if you're trying to pull off some crazy workaround, like transferring a bonus from a business to an individual, or from a truck to a car, you'd probably end up heading back to State Farm.

Basically, nobody is actually following the rules strictly anymore. There's no guarantee that if one office turns you down, another branch of that same company won't just say yes. Like I said at the start—it's a total circus.

Apparently, you can "transfer" a no-claims bonus from father to son—basically, if the older guy has a 50% discount, the son gets it too. Of course, they both have to be under the same insurance policy.
Anyone actually know how this works?

Yeah, I think that works for coastal areas too—so I’m guessing Aetna probably does the same thing.
Also, starting this month, insurance companies here in the States have updated their terms. Basically, if there's one car in the family covered at 50%, everyone else can grab a 25% discount right off the bat. Before this change, it was just limited to spouses, but now... I guess sons and daughters can get in on it too.

urbanharbor95 said:Yeah, I think that works for coastal areas too—so I’m guessing Aetna probably does the same thing.
Also, starting this month, insurance companies here in the States have updated their terms. Basically, if there's one car in the family covered at 50%, everyone else can grab a 25% discount right off the bat. Before this change, it was just limited to spouses, but now... I guess sons and daughters can get in on it too.

Like my buddy said—the circus just keeps getting bigger, especially when you try to fix the bonus situation legally.😵
It's Never been like this... 👎 🤦

With General Electric, there aren't any specific restrictions on when you can activate your bonus; the main thing is simply ensuring your policy hasn't had any claims filed against it...

If a parent holds an active policy with a 50% discount

And if this isn't the child's very first insurance policy, they can actually secure that same 50% rate through GEICO, regardless of where the parents' policy is held. Plus, the original bonus remains intact for the parents, so everyone wins

James Rogers53 said:Apparently, you can "transfer" a no-claims bonus from father to son—basically, if the older guy has a 50% discount, the son gets it too. Of course, they both have to be under the same insurance policy.
Anyone actually know how this works?

I previously held a 50% stake, but I lost my bonus because I didn't have a registered vehicle on file for three years; subsequently, I pushed that figure back up to roughly 80%. Does this imply there is actually a way for me to effectively "resurrect" that initial 50%?

That’s the right way to look at it. You just need to remember which carrier held your 50% discount last, and then try to get your vehicle registration sorted out as soon as you can possible...

Robin Jones2 said:I previously held a 50% stake, but I lost my bonus because I didn't have a registered vehicle on file for three years; subsequently, I pushed that figure back up to roughly 80%. Does this imply there is actually a way for me to effectively "resurrect" that initial 50%?

quietnomad48 said:That’s the right way to look at it. You just need to remember which carrier held your 50% discount last, and then try to get your vehicle registration sorted out as soon as you can possible...

I recall my insurance details clearly enough, and as for the registration, I am certain I have a photo stored somewhere that shows the numbers.

Robin Jones2 said:I recall my insurance details clearly enough, and as for the registration, I am certain I have a photo stored somewhere that shows the numbers.

Once you handle the registration, you can usually track down where the insurance info ended up. If you can't find a digital copy or a photo, just head down to the local police station. If you've already deregistered the car or sold it, they’ll have everything on file... They can give you a confirmation and charge you the fee.$13 😉

You can almost always get that old 50% credit applied at nearly any Geico or similar provider without any issues.😁

Along with my car insurance, I got this extra policy that covers things like hail, floods, fire, and stuff like that.
It only kicks in when the car is parked, though. It’s through Geico, if that matters.
What does that actually mean in practice? Like, if I'm sitting at a red light and a hailstorm starts hitting, am I covered because I'm technically stopped, even if I have a green light coming up next? Or am I only protected if I'm fully parked?😁

Mark Harris31 said:Along with my car insurance, I got this extra policy that covers things like hail, floods, fire, and stuff like that.
It only kicks in when the car is parked, though. It’s through Geico, if that matters.
What does that actually mean in practice? Like, if I'm sitting at a red light and a hailstorm starts hitting, am I covered because I'm technically stopped, even if I have a green light coming up next? Or am I only protected if I'm fully parked?😁

That sounds like some budget mini-comprehensive coverage right there.😁 Ahahahahah, genius idea.🙏 These policyholders are getting way too smart for their own good.🙏😁

quietnomad48 said:If a parent holds an active policy with a 50% discount

And if this isn't the child's very first insurance policy, they can actually secure that same 50% rate through GEICO, regardless of where the parents' policy is held. Plus, the original bonus remains intact for the parents, so everyone wins

I suppose the catch there is whether everyone involved is required to be registered at the exact same residential address?

It’s been a massive disappointment dealing with State Farm—even after winning my court case, they still haven't coughed up the money. It was a similar headache when I dealt with GEICO, too.
The trick is to pay as little as possible, because these big insurance giants are nothing more than glorified scammers. They’ll promise you the moon just to pad their numbers and get you signed up... but once they have your cash in hand and something actually goes wrong? Good luck—you'll be left chasing them in circles.

Scott Barrett43 said:It’s been a massive disappointment dealing with State Farm—even after winning my court case, they still haven't coughed up the money. It was a similar headache when I dealt with GEICO, too.
The trick is to pay as little as possible, because these big insurance giants are nothing more than glorified scammers. They’ll promise you the moon just to pad their numbers and get you signed up... but once they have your cash in hand and something actually goes wrong? Good luck—you'll be left chasing them in circles.

I mean, we all saw this coming... premiums dropped but the overhead stayed right where it was.🤔
It's gonna be way harder to collect on a claim now, and if you actually manage to win one, you can bet the payout will be smaller than before.☕

Mark Harris31 said:Along with my car insurance, I got this extra policy that covers things like hail, floods, fire, and stuff like that.
It only kicks in when the car is parked, though. It’s through Geico, if that matters.
What does that actually mean in practice? Like, if I'm sitting at a red light and a hailstorm starts hitting, am I covered because I'm technically stopped, even if I have a green light coming up next? Or am I only protected if I'm fully parked?😁

I don't think that's how it works. I mean, even without having specific coverage myself, I've heard from plenty of people that the policy kicks in as long as the vehicle is in a Covered area. 😁

Then there's the other thing—the idea that once you turn the engine on, the vehicle is considered "in motion." But if you're just idling at a stoplight, I guess it wouldn't make any sense to say you aren't stationary (you're either stopped or parked).

Paul Doyle6 said:I suppose the catch there is whether everyone involved is required to be registered at the exact same residential address?

Family connections are usually proven with birth certificates, marriage licenses, or maybe a domestic partnership affidavit. At least, that’s how it generally works here in the States.

Scott Barrett43 said:It’s been a massive disappointment dealing with State Farm—even after winning my court case, they still haven't coughed up the money. It was a similar headache when I dealt with GEICO, too.
The trick is to pay as little as possible, because these big insurance giants are nothing more than glorified scammers. They’ll promise you the moon just to pad their numbers and get you signed up... but once they have your cash in hand and something actually goes wrong? Good luck—you'll be left chasing them in circles.

http://www.seebiz.eu/america-osigura...kuna/ar-98333/