Costco car insurance, Connect rate increase

Just got my renewal rate for my car insurance and it’s a massive increase from $450/6month to $750/6month. Anyone else get this kind of increase? I’ve got a clean driving record and can’t see what this would be coming from. They list vague market factors but seriously?

11 points · 3 comments · view on lemmy.world

3 Comments

Gingerlegs@lemmy.world · 7 pts · 2y
[ removed ]
tekeous@usenet.lol · 4 pts · 2y (1 reply)

Must be either recent, because mine renewed about 2 months ago at the same old $450ish rate, or location-based - you don’t happen to live in an area forecasted to get smacked by a hurricane, do you?

allthelolcats@lemmy.world · 2 pts · 2y

I’m in WA so unless they’re certain Rainier’s about to blow I don’t think it’s for location specific reasons. I’m seeing some rumblings about it on Reddit too.

minorninth@lemmy.world · 4 pts · 2y

It’s always a good idea to shop around when it comes to car insurance. Every company has their own formula.

Probably someone else’s insurance went down from $750 to $450.