easports82
Posts: 48
Joined: Sat Feb 07, 2015 9:05 am
Location: Orange, CA

SoCal Insurance Rate Increase

Wed Jan 20, 2016 10:54 am

Have people been seeing increases in their insurance rates? My premium just jumped over $200 and the reason esurance gave is a recalculation for the replacement cost. Wondering if others have seen a similar change when renewing.
2014 BMW i3 REX
2015 BMW 428i
2012 BMW 528i
2012 BMW X3

Kieodadie
Posts: 13
Joined: Fri Feb 26, 2016 9:17 am
Location: Dinuba, California

Re: SoCal Insurance Rate Increase

Sun Feb 28, 2016 4:58 pm

I added my new i3 to my policy last Friday and I had to pay over $200 more.

stumbledotcom
Posts: 403
Joined: Sat Jan 18, 2014 3:35 pm
Location: San Francisco
Contact: Website

Re: SoCal Insurance Rate Increase

Mon Feb 29, 2016 8:07 am

Time to shop around. Insurance pricing is very dependent on your individual circumstances but my recent experiences might give you a point of reference. Our previous carrier Liberty Mutual tried to raise our rate by several hundred dollars in 2015, claiming CA regulators increased costs across all carriers. But Geico offered the same coverage for less than what we paid pre-rate increase. And at renewal in December, Geico dropped our rate again. For what it's worth, the Esurance online comparison tool didn't recognize the i3 when I was shopping. Had to call an agent who plugged in a generic compact vehicle type and MSRP to yield a quote that was among the highest. They followed up with a spam deluge for several months. Not impressed.

easports82
Posts: 48
Joined: Sat Feb 07, 2015 9:05 am
Location: Orange, CA

Re: SoCal Insurance Rate Increase

Mon Feb 29, 2016 11:43 am

I wound up switching to Mercury. I tried GEICO when I first got the i3 and their rates were much higher that esurance.
2014 BMW i3 REX
2015 BMW 428i
2012 BMW 528i
2012 BMW X3

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