COVID Impact on Auto Insurance
- Thread starter KennyG
- Start date
- Views: 1594
Bird
Rest in Peace
Yep, I got a check from AAA for $41.30 in May. I have an annual policy rather than 6 month policy, so I'm waiting to see what it'll be when it's due for renewal the end of next month.
Mendonsy
Veteran Member
I got a $45 rebate from Cincinnati in July then they sent me the renewal bill with a $400 increase.
kenmac
Super Member
- Joined
- Feb 13, 2005
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- 9,897
- Location
- The Heart of Dixie
- Tractor
- McCormick CX105 Kubota MX 5100 HST,
I got two, or three from Travelers . From what I heard, they all gave out some sort of rebates
4570Man
Super Star Member
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- Apr 7, 2015
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- 18,944
- Location
- Crossville, TN
- Tractor
- Kubota M59, Kubota L3800, Grasshopper 428D, Topkick dump truck, 3500 dump truck, 10 ton trailer, more lighter trailers.
I got a small check when this ordeal first started but nothing since then. I really don’t expect one.
Wagtail
Super Star Member
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- Jan 15, 2013
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- 12,872
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- St Helens, Tasmania, Australia
- Tractor
- JD 4105 / JD Z355E (48" deck)
My vehicle insurance went down due to the reduced driving... mind you, I gave them a call and had to ask.
However, it's a permanent monthly reduction.
However, it's a permanent monthly reduction.
Bird
Rest in Peace
I may be paying more that most of you, since I have AAA insurance, but I reckon I'll keep it one more year. Anyway, my auto insurance policy premium was $1243 last year, and as mentioned before I got the $43 back as a refund. Well, yesterday I got the renewal notice in the mail (actual renewal date is 10/31) and the new premium is $1339. So it's $139 more than last year
Now I've had no traffic tickets, no accidents, etc. so I guess they need more money for all the claims they're going to have in California.I have my homeowners insurance to expire/renew on the same date as the auto insurance, and AAA website shows that they have sent the renewal notice, but I haven't gotten it yet. So I don't know how it will compare. There's been a little mass confusion lately because we've had a reverse mortgage for the last 5 years, but a couple of months ago, they offered to redo it at a lower interest rate, and give us more cash up front. I don't recall seeing anything about the insurance in the reams of paper involved, but AAA says the mortgage company paid the homeowners insurance for one quarter.:confused2: