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Reply to Car Insurance Is Too High After Address Change To Another State     
Old 01-31-2017, 11:12 AM   #11
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BlockO on Car Insurance Is Too High After Address Change To Another State
 
Join Date: Sep 2010
Posts:951
State: BlockO is an Insurance Agent from Ohio
Car Insurance Is Too High After Address Change To Another State Re: Car Insurance Is Too High After Address Change To Another State
yep, like hesse said. their medical requirements are crazy!

MI is the only state with required unlimited lifetime benes.... the auto insurance company has to cover up to 530K in medical claims.... then a state mandated fund (which drivers pay an additional $150 per year/per vehicle on top of) kicks in if the 530K is exhausted.

add them together and you get an off the hook premium.

and yes, WV is very high premium also, but for other reasons that have been mentioned. WV ranks #1 for deer collisions. 1 in every 39 vehicles. plus the rural areas and high mountains make for some very serious accidents.

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Dan Lyles
Lyles Insurance

Serving Ohio, Michigan, Pennsylvania, Indiana, Virginia and West Virginia.

Last edited by BlockO; 01-31-2017 at 03:01 PM.
  Reply With Quote to Car Insurance Is Too High After Address Change To Another State
Old 02-05-2017, 10:11 AM   #12
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Join Date: Nov 2014
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State: indienoise is an Insurance Agent from South Carolina
Car Insurance Is Too High After Address Change To Another State Re: Car Insurance Is Too High After Address Change To Another State
South Carolina rates tend to be high, but Georgia is even worse. Both states reeling from a lot of fraud/misrepresentation, and has caused rates to skyrocket for everyone. I know of several carriers taking double digit % rate increases year over year.

Aside from that, zip code plays a factor in your rate and if you moved to Atlanta metro or South GA, those areas were hit hardest by problems.
In addition, time at your address can affect your premium, as well as home ownership (for example owned a home in s.c. but are renting in GA) plus if you still have an out of state license, that can cause you to get hit with a surcharge.
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Old 02-07-2017, 08:24 AM   #13
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lukifer on Car Insurance Is Too High After Address Change To Another State
 
Join Date: Feb 2017
Posts:48
State: lukifer is an Insurance Agent from Alabama
Car Insurance Is Too High After Address Change To Another State Re: Car Insurance Is Too High After Address Change To Another State
Didn't Allstate take a 25% increase last year on rates in GA?

I was considering getting my GA license, but at the rate they are going... it may just be cheaper to get people to move to AL.
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Old Yesterday, 04:11 PM   #14
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Join Date: Sep 2016
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State: Mike Siegal is an Insurance Agent from Undisclosed Location
Car Insurance Is Too High After Address Change To Another State Re: Car Insurance Is Too High After Address Change To Another State
Originally Posted by hesse View Post
no limit on PIP in michigan
Holy Christ...no limit on PIP???

The Lawyers and Chiropractors must "LOVE" Michigan !!!

Dayum...!!!
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Old Yesterday, 05:19 PM   #15
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BlockO on Car Insurance Is Too High After Address Change To Another State
 
Join Date: Sep 2010
Posts:951
State: BlockO is an Insurance Agent from Ohio
Car Insurance Is Too High After Address Change To Another State Re: Car Insurance Is Too High After Address Change To Another State
Originally Posted by Mike Siegal View Post
Holy Christ...no limit on PIP???

The Lawyers and Chiropractors must "LOVE" Michigan !!!

Dayum...!!!

Yes they do, and likewise, auto insurance companies "HATE" Michigan because they are on the hook for the first 530K!

That's another factor in why prices are so high.... lack of competition.
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