Costco car insurance, Connect rate increase (lemmy.world)

submitted 1 year ago by allthelolcats@lemmy.world to c/costco@lemmy.world

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Just got my renewal rate for my car insurance and it’s a massive increase from $450/6month to $750/6month. Anyone else get this kind of increase? I’ve got a clean driving record and can’t see what this would be coming from. They list vague market factors but seriously?

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[-] Gingerlegs@lemmy.world 7 points 1 year ago

No, but if I do I’m leaving! Fuck that

[-] tekeous@usenet.lol 4 points 1 year ago

Must be either recent, because mine renewed about 2 months ago at the same old $450ish rate, or location-based - you don’t happen to live in an area forecasted to get smacked by a hurricane, do you?

[-] allthelolcats@lemmy.world 2 points 1 year ago* (last edited 1 year ago)

I’m in WA so unless they’re certain Rainier’s about to blow I don’t think it’s for location specific reasons. I’m seeing some rumblings about it on Reddit too.

[-] minorninth@lemmy.world 4 points 1 year ago

It’s always a good idea to shop around when it comes to car insurance. Every company has their own formula.

Probably someone else’s insurance went down from $750 to $450.

this post was submitted on 24 Oct 2023

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