Renewal increase - Printable Version
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+- Newell Gurus (https://newellgurus.com)
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+--- Thread: Renewal increase (/showthread.php?tid=2032)
Renewal increase - Yachts - 01-05-2015
Rate just went from 2200 to 3500 no tickets no accidents no claims..
RE: Renewal increase - Richard - 01-06-2015
Yep mine went from 800 to 1500. About the same percentage increase you saw. Crazy thing is we pay almost as much for the Class B as the Newell. Go figure.
RE: Renewal increase - encantotom - 01-06-2015
mine just went from 1100 to 1800 last november. i use blue sky.
i got quotes from others and they were all substantially higher.
i was flabergasted to say the least. no accidents or tickets.
i spent a lot of time talking to the agent and he said it was because they were so much lower than anyone else they had to raise it to make money.
he also said he believes it is because rv repair has gotten out of control expensive. in particular there are alot of rv manufacturers that are no longer in business and no longer offer replacement parts (i am just saying what he did)
btw, moving to the country in wittmann raised it like 15 bucks i guess because scoundrals like you all come visit and cant be trusted? ha
tom
RE: Renewal increase - Yachts - 01-06-2015
I am with blue sky as well
RE: Renewal increase - Chester Stone - 01-06-2015
Mine is $2,043 with National Interstate. Recently renewed.
RE: Renewal increase - Junior Guru - 01-06-2015
Marc,
This is an obvious one. Your insurance company has already factored in you purchasing another Newell in the very near future! ?
RE: Renewal increase - HoosierDaddy - 01-06-2015
One explanation given to me years ago is that Insurance companies will hold the line on prices in order to entice business away from other companies then raise rates once they have made inroads into new markets. Once I decided that there was no benefit to me being loyal to a company I started "shopping" different companies every 3-5 years. Now needing insurance on my Bed and Breakfast/restaurant has limited the choices but Auto-Owners has been very competitive and with very good service so they are getting all of my P and C business.
RE: Renewal increase - lbrachfe - 01-06-2015
We have Gieco and insure our 2 cars and Newell in a package deal. Our annual premium for all three is $3400 and is the exact same as last year. Just paid the bill in Nov...... Go figure. No Tickets but 2 claims. One was both windshields replaced and the other when I was side swiped making a turn and that was a $7000 claim...
RE: Renewal increase - nuevomex - 01-21-2015
We had Blue Sky through Thum and just got a notice that ours is going from $3554 to $5542 and that's a quote from National Interstate. Calling Geico tomorrow. Something isn't right with the deductible. If anyone has other quotes let me know. The model year may have something to do with it but Yikes!
RE: Renewal increase - Yachts - 01-21-2015
Same company one year older coach. If I go to 5k deductible its 3000 per year