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Huge Rate increase.

Posted by Michael Gibson 
Huge Rate increase.
June 29, 2011 01:39AM
I have been carrying Farmer's Auto Ins. and in May 2011 had a fender-bender. Total damage was $1860 to the other parties vehicle. (a busted headlight w/ minor body work around it). Damage to mine was $0.
I received my renewal notice today and my rate increased exactly 90.02%. I thought this HAD to be an error and phoned my agent. He called my back and Farmer's had indeed raised my rate by over 90% based on the one claim. It was the first claim I had submitted since 1988.Even my agent was apologizing for Farmer's action.
Needless to say I am now searching for a new insurance company. Thankfully, I have over a month b4 the current policy expires.

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