Are the insurance companies crazy?

I sold my X-Runner and now I have a TRD DCLB 4x4. My insurance went up $100 a month :/ . Two drivers on the policy, both 23, also a 2013 accord, full coverage, can't remember the exact details. Around $443 now for both cars monthly with USAA.

 

Not directed at you @pra4sno, just added to your list.

My wife works in insurance and these questions are always a factor for drivers.
If married and have kids, generally you will take less risks and drive more careful than if you are 18yo and inexperienced with a $40k vehicle.

 

yes, but the $1000 bill that the uninsured doesn't pay just doesn't go away into thin air the Medical service providers are smart enough to charge those who have insurance more for a procedure to off set the costs of uninsured who stiff them and those who are paying their bills, this is called Gaming the System

 

You're 23. Probably not married? I pay $60/month or $720 a year. No tickets in the last 10 years, married, over 30. 100/200/100 coverage too.

When I was 23, I was paying close to 3k/year for my 400+hp mercedes. As I got older, I was only paying 1440 for it.

 

WTF

 

Tell me about it. They said 4X4s are more expensive to insure and thats why the rates went up. Ive had USAA for 6 years now and they have always beat the competition in rates. With this increase though, it does make me want to look around again just to make sure of that.

 

I had a 2013 F150 platinum with the 6.2 before this. It was roughly 75/month. Had 100 deductible, lots of extra riders. Same coverage on the 17 Taco is 90 or so. I seem to remember my 09 being kind of high too. Had a 2015 Wrangler that was only 62 or something like that. Probably should add, 28 not married. One accident (not my fault) and one ticket in 12 years of driving.

 

Here's mine. Mid 40's with a clean driving record and a 2016 TRD OR 4x4. Am I overpaying?

Coverage Details Premium
Coverage Details
Liability - Bodily Injury
$ 242.64
$250,000 each person / $500,000 each accident

Coverage Details
Liability - Property Damage
$ 386.54
$100,000 each accident

Coverage Details
Personal Injury Protection (PIP)
$ 48.86
$5,000

Coverage Details
Uninsured/Underinsured Motorist - Bodily Injury
$ 151.56
$250,000 each person / $500,000 each accident

Coverage Details
Comprehensive Coverage Type
$ 149.02
$500

Coverage Details
Collision Deductible
$ 522.48
$500

Coverage Details
Emergency Road Service
$ 5.20
Yes

Coverage Details
Car Rental and Travel Expenses
$ 52.72
$50/Day Max $1,200

Total Premium
$ 1,559.02
(total premium includes discounts)

 

Same! I'm 22 and have a 16' SR5 and pay $2K a year. No tickets or no accidents and have had my license since before 18..... Sucks.
I'm in California

 

$3600/year seems a bit high.

 

I stupidly pay around $90 a month for my Tacoma. Ridiculous since my 475HP 2016 Dodge Charger Scat Pack was $85 and I literally got quoted $95 for the Hellcat when I was considering that. Makes no sense what so ever. Plus, that is with home owners insurance and 4 cars on the same policy. I feel like that should be lower for the Taco.

I may add, no tickets or wrecks as well as being an LEO. Doesn't make sense!

 

Mine dropped when I bought my Tacoma. Seriously. Got rid of a 16 year old Subaru. Bought new loaded TRD offroad. Premium went down almost $400.

 

this is not my experience. We had to get a MRI for my wife, don't remember the exact numbers, but when they told us the cost, I was like no freaking way, then they said if we didn't use insurance it was crazy low in comparison. That was almost 10 years ago.

And the insurance company has their role in the healthcare mess, but really folks are getting charged 100 bucks for an aspirin, something is wrong.

 

There is something wrong with that... or thats just how much insurance cost in Washington. That is very close to how much I paid for a 2014 GT Mustang at 23 and I've had 3 accidents and 1 speeding ticket (All other vehicles). I would assume that a coupe with a big motor would be alot more than a 4 door Tacoma. That was also living in a not so good location at an apartment with no gate. There are things that can lower it like being older than 25, bundling plans (renters, house, multi vehicles) and living in a low crime area. Pay $129/mo for the TRD OR 4x4 and $25/mo for the 86' Suzuki Samurai.

 

Bringing this back to life, anyone getting cheaper rates with the 2018 since it has the TSS?
What are you guys paying in Cali.

 

Age and credit are big factors. Many insurance underwriters are now using the credit method as one of the determining factors. I have had 3 Tacoma's in the past 5 years. 2006 -2016 -2017 and my insurance went down a tad each time and the coverage hasn't changed. Also I have been with the same insurance company and have a house and motorcycle on the policy as well. So there is a bunch of factors.

For years males under 25 were seen as very high risk, but I think women are starting to take over in that area due to the texting frenzy.

 

Mine is a limited 4x4 and it is like 60/mo for full coverage with progressive.

 

My insurance was $15 more for my '17 Tacoma vs. my '06 Rav4 ... and the new policy includes new car replacement for 3 years...

 

Yeah, mine was like $6 more than for my 2010 ford focus lol

 

Providers can charge whatever they want, but that's not anywhere what they will get. Most successful insurance companies pay based off of a fee schedule. Also balance billing is illegal in most if not all states.