• PennyRoyal@sh.itjust.works
    link
    fedilink
    arrow-up
    17
    arrow-down
    4
    ·
    1 day ago

    Are they hell. Has anyone, ever, known their insurance premium to go down? It’s a racket. If they 20 limits are cutting costs, that cost is being turned into further profit, not savings for the customer

    • bobs_monkey@lemm.ee
      link
      fedilink
      arrow-up
      10
      arrow-down
      2
      ·
      1 day ago

      Of course not, at least not here in the states. My premium went up $60/year and their reasoning was that due to an increased number of accidents and claims across the board, everyone’s goes up, despite the fact the I haven’t had an accident or even a claim in almost 20 years.

    • reallykindasorta@slrpnk.net
      link
      fedilink
      arrow-up
      5
      ·
      1 day ago

      Mine has actually gone down a couple of times with two different car insurance companies. Though my insurance has never been on the hook for a claim from me either.

      • PennyRoyal@sh.itjust.works
        link
        fedilink
        arrow-up
        3
        ·
        1 day ago

        I’m in my 40s, work a low-risk job, live in a low-risk area, have 12+ years no claims, a clean license. Ignoring the points at which everyone’s insurance gets cheaper as they age, my premiums has gone up constantly. Coincidentally, so have insurance underwriter’s profits. I definitely could have got cheaper insurance if I’d have compromised on cover, or gone with a worse-rated provider, but that’s not my point. The base cost of insurance is set by the underwriters, and that has increased year on year for just about everyone

    • HumanPenguin@feddit.uk
      link
      fedilink
      English
      arrow-up
      2
      ·
      12 hours ago

      But a helicopter and hire a pilot.

      If you not Musk. A circus cannon.

      But you really should not be driving on that health state.