How much are you paying for insurance?

I’m curious what insurance provider you use and how much you’re paying—monthly, every six months, or yearly.

I usually pay for the full year, but my rate just jumped from $1,800 to $2,350 with Progressive. That works out to about $200 per month. No accidents or tickets in the past five years, so I’m baffled by the increase.

Car: 2022 Forester Touring
Location: Texas
Coverage:

  • 30k/60k/25k bodily injury/property damage
  • 30k/60k uninsured/underinsured bodily injury
  • 25k uninsured motorist damage ($250 deductible)
  • $2,525 personal injury protection
  • $500 deductible for collision/comprehensive

Anyone else seeing big increases? What are you paying?

Insurance rates are so specific to the person, car, and location that it’s tough to compare. The best way to find a better deal is to get quotes from multiple companies.

Cortland said:
Insurance rates are so specific to the person, car, and location that it’s tough to compare. The best way to find a better deal is to get quotes from multiple companies.

True, but I’d still like to see what others with a similar car are paying.

@Slurry
I was shopping around too, and an agent explained that during the supply chain issues, replacing parts became so expensive that insurers were totaling cars more often instead of repairing them. That drove up costs, and they haven’t come back down.

I’m paying about the same as you.

@Ripley
Yeah, I got an email recently saying insurance rates were going up 20%. Crazy how much they’ve increased.

One thing I’ve learned—your current insurance company will never reward your loyalty. They start raising your rates over time because they assume you won’t leave. The only way to keep costs down is to shop around every couple of years.

@Smart
I’ve been with Progressive for five years. They throw in little perks for being a longtime customer, but at the same time, they keep raising my rates. Time to start looking elsewhere.

2023 Forester Limited
Coverage: 300/100/300
$500 for six months with GEICO.

2018 Forester XT Touring, bought used last year. My insurance actually went down when I switched cars. I pay $63/month for full coverage.

I use an insurance broker—they shop around and find the best deal for me. If my rate jumps, I just ask them to check again.

2017 Forester Premium with full coverage: $600/year with Auto-Owners.

No tickets or accidents in 6+ years, but I just got my renewal notice and it’s jumping to $850/year.

2022 Forester Wilderness
Location: New York

Coverage:

  • 100/300/100 liability
  • $250 deductible for collision/comprehensive
  • Roadside assistance, paycheck protection, rental, hotel, etc.

$400/year with GEICO.

I should note: I have an 800+ credit score, no accidents, and I’m bundling other policies. Sadly, credit scores are now a big factor in insurance pricing.

2025 Forester Sport (lease)
Location: Los Angeles County

Insurance: $179/month with GEICO. I’m an international student and just got my California driver’s license two months ago, so I expected higher rates. Not sure if this is good or if I should keep shopping around.

2023 Forester Premium
USAA: $141/month

When I asked about the price jump from my 2015 Forester ($97/month), they said it’s because newer cars have more expensive tech to repair.

2021 Forester Sport
State Farm: $87/month

Coverage:

  • 300k per accident / 100k per person medical
  • $0 comprehensive deductible / $250 collision
  • Uninsured motorist coverage included

Two cars, full coverage, $350/year with GEICO.

White middle-class Midwest zip code, though.

Darwin said:
Two cars, full coverage, $350/year with GEICO.

White middle-class Midwest zip code, though.

$350/year for two cars? Full coverage? I’m calling BS.

:joy:

Slurry said:

Darwin said:
Two cars, full coverage, $350/year with GEICO.

White middle-class Midwest zip code, though.

$350/year for two cars? Full coverage? I’m calling BS.

:joy:

Collision only, $1k deductible. Free country. :person_shrugging:

Insurance rates depend heavily on your ZIP code. If you live in a city but your parents live in the suburbs, see if you can insure it at their address.

I’m in North Texas and paying about $50/month.

My rate went up 40% at renewal. My agent said it’s happening across the board because of the rising cost of parts, repairs, and used car values.

100/300/100 coverage with a $100 deductible. Full glass coverage, towing, OEM parts.

$1,500/year in New Jersey with AAA Insurance.

Had Progressive for years, but AAA sent me an offer that was significantly cheaper.