I recently got my renewal notice in from State Farm where it went from $540/6 months to $788/6 months. This is like an insane rate jump and I feel like a 45% increase is absolutely ridiculous!

    I know that with everything that happened with COVID and majority of insurance companies have been losing money and it's basically the same with every insurance company now where they'll just mark up your insurance to make back their profit which sucks so much. Especially in a state like California too unfortunately where insurance companies are doing everything to pull out from.

    For context, I'm (25F) in SoCal with a 2012 Hyundai Genesis that has $25k/$50k bodily injury, $25k property dmg, $1k medical payment, and $500 deductible comprehensive and collision. My family has been with State Farm for my whole life with house insurance too so we've never shopped around before so this is a brand new situation for me. I was looking at online quotes and Geico was the cheapest with the same coverage but way lower pricing at $468/6 months. Do I take it? Or is this a call and make sure kind of situation? Should I just talk to my State Farm agent to see if they can do anything? Is Geico a good insurance provider? Honestly, seeing that renewal notice made me want to have a mental breakdown so please, any help or guidance is appreciated.

    Should I Shop Around and Switch?
    byu/xxstarryheavenxx inInsurance



    Posted by xxstarryheavenxx

    1 Comment

    1. MimosaQueen1122 on

      Can use a broker but shop around. That’s really your only answer. If you like geico’s price. Go for it!

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