Best Home/Auto Insurance Companies?

[-LEK-]

I have been with Liberty Mutual for at least 8 years. Each year my rates seem to go up.

I pay on time, have combo insurance for discount. Never filed a claim.

Who do you use for home/auto?

 

[AlbanyWildCat]

State Farm forever and it's the same.

 

[UKserialkiller]

Geico.

Car and and soon to be condo insurance.

Dirt cheap for me. I pay $100 a month on two cars (use to be $79 a month till I wrecked) and the condo insurance will be about $275 for the year.

 

[buckethead1978]

I have Kentucky Farm Bureau for both. Price seems fine to me. Bundling the auto with my house pretty much made my auto insurance I had with progressive go away.

I like them and I like Cincinatti insurance too

 

[ukalumni00]

Allstate is terrible. Claims service is rated among the worst in the industry.

 

[Elbridge]

I've been a member of USAA since 1994. Top-notch.

 

[UKGrad93]

I've been a member of USAA since 1994. Top-notch.

Got USAA in 91 and don't know anything else. Best thing about my pseudo military career.

 

[BlueRaider22]

I've had Farm Bureau for 20+. I hardly ever talk to them but when I do they can recall me and my family's names without ever touching a computer. My rates have dropped through the yrs as I have passed out my 20's, 30's, and improved my social economic status. Have my home/car through them.

Recently bought a car and they had an Allstate rep there trying to get my business. She told me she'd get me a crazy deal. The quote was more expensive for less coverage, so I passed.

 

[krazykats]

I've used them all pretty. Hated State Farm. Farm Bureau was good but cancelled me over that $25 member fee I never could remember to pay, and always told or asked them to charge like they did my insurance automatically and for some reason they couldn't.

Had geico until last month when I switched to Allstate. Never had Allstate and we rarely ever have a claim at all for car insurance. I've maybe had 1 accident in ten years and my wife too.

 

[bluelifer]

I've used them all pretty. Hated State Farm. Farm Bureau was good but cancelled me over that $25 member fee I never could remember to pay, and always told or asked them to charge like they did my insurance automatically and for some reason they couldn't.

Had geico until last month when I switched to Allstate. Never had Allstate and we rarely ever have a claim at all for car insurance. I've maybe had 1 accident in ten years and my wife too.

Never understood that either. If it's mandatory, just make it part of my bill so I don't have to deal with it. I guess I have a good branch though, because they'll call to remind me and just let me pay it over the phone.

 

[BBdK]

^ you can now have your membership set up for auto pay, finally. It was long overdue.

 

[BernieSadori]

KFB. My agent knows my name and I've managed to keep him busy with repetitive car purchases and claims.

That is, when he isn't jet setting all over the northern hemisphere or free basing a cheese dish at El Nopal.

 

[Deeeefense]

I had Encompass which I believe is owned by All State for over 10 years, and switched home and auto to Liberty Mutual recently and my total premium went down by 50%. My take is companies will let the rates creep up over time so it pays to shop your insurance every 3 or 4 years just to keep them honest.

 

[UKserialkiller]

I had Encompass which I believe is owned by All State for over 10 years, and switched home and auto to Liberty Mutual recently and my total premium went down by 50%. My take is companies will let the rates creep up over time so it pays to shop your insurance every 3 or 4 years just to keep them honest.

No ****? Really?

 

[buckethead1978]

Going from Encompass to Liberty Mutual is like going from a Toyota to a Kia.

Encompass is supposed to be Allstate's higher end insurance.

From dealing with insurance companies, I'd prefer one that can give me either a local touch (KFB) or one with customer service as the high priority (USAA, Cincy, etc). In the end it depends on what you are insuring.

 

[krazykats]

I had Encompass which I believe is owned by All State for over 10 years, and switched home and auto to Liberty Mutual recently and my total premium went down by 50%. My take is companies will let the rates creep up over time so it pays to shop your insurance every 3 or 4 years just to keep them honest.

While there is truth to this, there is also stupidity in it too.

Look in reality it's insurance and it sucks but behind the scenes your locked into a block of business and if people in that block are bad your rates go up faster. Certain companies specialize in bad blocks and usually low ball a first time customer to land them because of your mentality.

Truth be told you should know the market but if your not getting ripped off(a 50% decrease says you were or you are now and do not know it yet) and you trust your rep to do his job then loyalty will go along way.

When the time comes how would you like it if your rep treated you the way you are admitting to treating him?

 

[BlueRaider22]

My rates have gone down throughout the yrs. My parents had Farm Bureau on all of us....with me starting at 14. As you can imagine rates were high on a old beater farm truck with a 14 yr old at the wheel. The rates dropped slowly as I went through college. As I added my wife, grew older, and gained in socioeconomic status, my rates have steadily declined over the 30+ yrs. I'm sure as I age it will start to rise back up though.

 

[-LEK-]

I tried calling Liberty Mutual and asking for rate drop, said nothing they could do. Clean driving records, used cards that are paid for, no claims on either home (investment property), good credit score, bundled for discount. Our life insurance through Ameriprise.

Any other tips to lower? Sounds like KFB is a winner.

 

[Anon1640710541]

krazykats is an idiot and I place zero value in his opinion.

 

[BlueRaider22]

Lots of insurances will lower rates if:
-are currently enrolled in school or get a degree
-take a defensive driving course or drivers training.
-improve credit score

Then, of course, there's what you drive. For example, a 200hp cheap Mustang will have higher rates than a 300hp sports sedan that's twice as fast. The Mustang is classified as a sports coupe while the other is a family sedan. A loaded out Tahoe will be cheaper than a Yukon Denali which is cheaper than an Escalade.....even though all 3 are the exact same vehicle.

There are all kinds of rules that make little sense.

 

[-LEK-]

Drive Hondas. Used, paid for. Good credit scores, wife and I both have advanced degrees, etc.

Don't care about cars, never saw a need to invest in them other than reliability to get to 2 points.

I was told the insurance company had to pay more in medical, or something. We have full coverage on vehicles.

Just not sure why the rate creep, unless it's standard? But auto went up and home.

If standard, then I can accept the increase. But people are posting their rates go down.

 

[Kaizer Sosay]

For a great low rate you can get online…go to the General and save some time.

Wanna shoot the general right in his mustache every time i hear that jingle on the tube.

Been with State Farm for 15+years across the board. Probably be with them for the next 15+. I shop the rates every year or so and my rates are always in line. Only had to call my agent once to get them lowered back down to where they should have been. Agent apologized for some paperwork glitch and immediately fixed the problem. Then he gave me 4 tickets to a UK game at Rupp.

And I trust my agent 100%. Known the guy for 20+ years. That is essential. Find an agent you trust. But you can pretty much make the same statement about anyone you choose to do business with in any industry. Easier said than done some times though.

 

[Get Buckets]

While there is truth to this, there is also stupidity in it too.

Look in reality it's insurance and it sucks but behind the scenes your locked into a block of business and if people in that block are bad your rates go up faster. Certain companies specialize in bad blocks and usually low ball a first time customer to land them because of your mentality.

Truth be told you should know the market but if your not getting ripped off(a 50% decrease says you were or you are now and do not know it yet) and you trust your rep to do his job then loyalty will go along way.

When the time comes how would you like it if your rep treated you the way you are admitting to treating him?

No.

 

[Tannerdad]

Just went to KFB after years with Nationwide. Saved a bunch.

 

[krazykats]

Cool, I'm wrong. Insurance companies just charge more every year regardless if you make claims against insurance or not. That sounds a lot better.

 

[Supreme Lord Z]

USAA and it isn't even close. Period.

 

[Anon1640710541]

What kind of an ******* constantly has issues with their insurance company??? Between auto and home, you should be making a claim every five years AT MOST.

Find someone you trust, pay your bill, check in with him every 2-3 years to make sure you've still got the best deal, and stfu.

 

[Supreme Lord Z]

Anyone that has Liberty Mutual is going to get the shaft. Seriously. Worst company of all time. I made the unfortunate mistake of switching to them a few years ago and it was a nightmare as I had two claims within the first 3 years and they were both handled miserably and I got screwed. Thank god somebody told me about USAA. Saved me a fortune as they are a great company if you are ex military and qualify.

 

[oldsports_]

I have KFB also, great people, they know my wife, my son, and my daughters name. They are so dang good, even the claims adjuster knows them by 1st name. Life is grand!

 

[mhroe1984]

I've had USAA ever since I bought my first car and will NEVER switch. They take care of their customers!

 

[ndk_rivals308474]

When I was getting a quote for homeowner's insurance several years ago (6-7 years), I couldn't get over the fact that KFB would not insure the home for replacement value. They would only write the policy for appraised value. So, we got another company that did replacement value and went with them.

 

[BBdK]

^ lol, false.

KFB insures homes for replacement value, and always have (at least as long as I've been around)...appraised value has nothing to do with anything. I've been here over 7 years.

We have to run & submit an industry standard replacement value program worksheet with every policy.

Much of the stuff written in the monthly insurance thread is so false it's hilarious, and all from non-industry people who have NO CLUE wtf they are talking about. Of course, that's always the case with these threads.

 

[Big_Blue79]

Eagle Man - "I've got something... for you!"

 

[ndk_rivals308474]

^ lol, false.

KFB insures homes for replacement value, and always have (at least as long as I've been around)...appraised value has nothing to do with anything. I've been here over 7 years.

We have to run & submit an industry standard replacement value program worksheet with every policy.

Much of the stuff written in the monthly insurance thread is so false it's hilarious, and all from non-industry people who have NO CLUE wtf they are talking about. Of course, that's always the case with these threads.

I think the agent I was talking to said it was "replacement cost up to the current value of the home" or something along those lines. It was a small house that I think we paid 91000 for, and that's the most coverage they would offer. Replacement value was like 115, and the agent said they didn't offer that. I've got nothing against KFB. Maybe that's all they offer now. But, in 2009, that's why I didn't get their policy.

 

[weused2luvhim2]

KFB for home and auto. Never had an issue with the auto. But my house was broken into 4 years ago and I had a $3500 claim from that. Needless to say they are getting that back a year at a time now. Never had a claim the 12 previous years on this house and 7 years on the house before this one.

 

[buckethead1978]

KFB for home and auto. Never had an issue with the auto. But my house was broken into 4 years ago and I had a $3500 claim from that. Needless to say they are getting that back a year at a time now. Never had a claim the 12 previous years on this house and 7 years on the house before this one.

What do you mean "getting that back a year at a time now"?

 

[BlueKel_rivals210266]

I have been with Liberty Mutual for at least 8 years. Each year my rates seem to go up.

I pay on time, have combo insurance for discount. Never filed a claim.

Who do you use for home/auto?

That sucks. You mean insurance rates are going up, yet the prices of homes, cars, groceries, eating out, movies, music, cable TV, cell phones, etc continue to plummet? It's so strange.

Individual factors are only a PART of the equation. Rates are based on the pool of total losses of all, relative to premiums collected. You've never filed a claim? That's great - it probably has kept your insurance from going up more than it would have otherwise.

People fail to realize - someone has a wreck and it ends up being $500,000 in property damage, medical bills, pain and suffering. That person may have only paid in $20,000 in premium in their life. Insurance pools that money to protect individuals from catastrophes like that. The insurance company literally will NEVER get their money back from that individual. And that's fine. It's not a zero sum game at the individual level.

And look at real catastrophes. In 2008, Hurricane Ike came all the way up into Kentucky and damaged countless roofs. I got a new roof - about $6,000. In 2012, that huge hailstorm of April 28th absolutely crushed parts of Louisville. Our neighborhood was ground zero. All 66 homes here ended up getting new roofs. In addition, I had siding damage, fence damage, my son's car was totallled, etc. My homeowner claim was around $18,000. My annual premium I think is about $850 on homeowner. The industry paid out hundreds of millions of dollars in Louisville on homeowner claims. My loss, just on the homeowner side, was more than 20 years worth of premium.

Don't ***** about premiums going up - the companies are paying out claims to help people. Be happy and feel blessed if you are fortunate enough to not have a claim. A hailstorm missing you isn't a commentary on you being a great insured, it's pure luck.

 

[Anon1640710541]

I've had this gd life insurance policy for 37 years and it hasn't paid for jack ****. What a ripoff.

 

[weused2luvhim2]

What do you mean "getting that back a year at a time now"?

They jacked up my homewowners insurance.

 

[BernieSadori]

I've had this gd life insurance policy for 37 years and it hasn't paid for jack ****. What a ripoff.

It better be term or Dave Ramsey will kick your *******.