How your insurance company shafts you

A place to discuss anything... except credit cards!
17 posts
MemberSince99
Centurion Member
Centurion Member
 
Posts: 4913
Joined: Sun May 20, 2012 4:35 pm
Location: WI

Postby MemberSince99 » Fri Aug 29, 2014 5:32 pm

I had been loathing Amica due to the fact they constantly are soft pulling my credit and sending me junk mail. Then just on a lark I decided to find out what they were all about. What I learned is they are not really a price competitive insurance per se, but rather they try to stand out based on service, is that what you've seen/experienced with them?


I had read about the dividend too. Wasn't really sure what to make of them. I would be curious if anyone has claims experience or anything that would really make them stand out.


User avatar
djrez4
Centurion Member
Centurion Member
 
Posts: 1468
Joined: Tue Jul 31, 2012 12:20 pm
Location: United States

Postby djrez4 » Sat Aug 30, 2014 7:05 am

No claims, yet, but they do just fine on price. Auto insurance rates are better than Progressive, if you factor in the dividend. Home rates are cheaper. We pay around $3700 for home, three cars, and umbrella for the year. I don't skimp on coverage: 250/500 across the board, plus $1 mill umbrella. And, we live in what may be generously considered a high risk forest fire zone.

Plus (you'll dig this) all American customer service....

Who gives a crap if they soft pull you?
[RIGHT][size=100]- Sapphire Preferred - Freedom - Ink - Platinum - Everyday Preferred -[/size]
[/RIGHT]

MemberSince99
Centurion Member
Centurion Member
 
Posts: 4913
Joined: Sun May 20, 2012 4:35 pm
Location: WI

Postby MemberSince99 » Sat Aug 30, 2014 12:35 pm

I just don't care for the fact that this company (or ANY company) that I've never had anything to do with can essentially pull my credit (granted without me getting an inquiry) any time they feel like it without my permission. If a potential employer has to get my permission to soft me, why shouldn't Amica also have to? I don't really see the difference in terms of having the right to do that.


I'll see if they have an online quoting tool if so I'll get a quote and compare to Progressive and Geico. I'm not sure rates will hold true across the entire country - I've read that in some areas Geico may have the best rate while in others Progressive or another company. So what's cheapest for you in CO may or may not hold true for me in WI. But there is little to lose by getting a quote, they clearly have my credit info and address anyway....

MemberSince99
Centurion Member
Centurion Member
 
Posts: 4913
Joined: Sun May 20, 2012 4:35 pm
Location: WI

Postby MemberSince99 » Sat Aug 30, 2014 4:38 pm

I went and got a quote and about freaked out at the price they quoted me, until I read that it was for 12 months. Is that all they bill for, a year at a time? Usually I do 6 months.


Anyway you are right the quote for me was competitive with though not cheaper than Progressive (Progressive was the cheapest, followed by Geico then Amica) but they were all in roughly the same ballpark.


Assuming I got a "dividend" they could end up being the cheapest of the three.


It's going to be tough to choose, because Progressive allows me to use being accident free to build up towards the deductible and offers payoff insurance which I don't need on the Challenger since I already have it but could use it for a couple of years on the Durango (after that, it would probably not be useful as I should be ahead of the curve by then). But even with the Durango I'd have to eat about 3k now if some idiot totals it, which I wouldn't like but it wouldn't devastate me financially either.


Anyway thanks for mentioning that I will do further research of the three and come to a decision. I'm leaning towards either Amica or Progressive it's hard to imagine I could go too far wrong with either one, but thanks for bringing that up!

MemberSince99
Centurion Member
Centurion Member
 
Posts: 4913
Joined: Sun May 20, 2012 4:35 pm
Location: WI

Postby MemberSince99 » Sat Aug 30, 2014 4:45 pm

On the subject of research, saw this blurb on people rating the various companies (this is Amica though you'll quickly figure that out reading it):
Amica Mutual is the best insurance company in the United States. Period. Winner of the JD Powers award for outstanding customer service 15 years in a row. Amica offers a variety of products that includes auto, homeowners, life and other products such as marine, umbrella, renters, etc. Amica is noted for excellent communication with its policy holders while providing ... Read more timely claims handling. Amica is comparably priced when compared to other premier insurance carriers. Service is stellar and they offer 24 hour coverage either with a local office or three calls centers throughout the US. Customers are not placed on indefinite hold nor are customers dealing with some offshore call center with barely knowledgeable employees. It is not uncommon to have 30, 40 and 50 year customers of Amica because of the excellent product and service they offer. Highly recommend.




I wanted to reply "So, how long have you been working for Amica?" but I don't have a login on that site and don't care to create one. But you gotta take this stuff with a grain of salt. Rather than give a specific instance of that terrific service he personally received, it just sounds like something their marketing department would put out. I don't buy that kind of garbage EVERY company says they are the best and wonderful even if they suck.


Maybe they ARE that good, but I need some real life stories to convince me of it not something that sounds like the CEO would say if you threw in a blurb about "leveraging our synergies proactively" or something like that.

User avatar
djrez4
Centurion Member
Centurion Member
 
Posts: 1468
Joined: Tue Jul 31, 2012 12:20 pm
Location: United States

Postby djrez4 » Sat Aug 30, 2014 7:19 pm

Well, the only reason to have a personal review is if you've filed a claim. I try not to run into other drivers. Or burn my house down.
[RIGHT][size=100]- Sapphire Preferred - Freedom - Ink - Platinum - Everyday Preferred -[/size]

[/RIGHT]

MemberSince99
Centurion Member
Centurion Member
 
Posts: 4913
Joined: Sun May 20, 2012 4:35 pm
Location: WI

Postby MemberSince99 » Sat Aug 30, 2014 10:14 pm

djrez4 wrote:Well, the only reason to have a personal review is if you've filed a claim. I try not to run into other drivers. Or burn my house down.




Fair enough - I think we probably all do those things. Still at any time we can get hit with a nasty hail storm, or have another driver hit us.



Return to “The Lounge”

Who is online

Users browsing this forum: No registered users and 0 guests