State Farm Drive Safe and Save - Not so much
4/3/15, 09:15 AM
#22
GT Member
Thread Starter
Actually I was very happy with the way it was handled with State Farm. I just hurt my left shoulder when it hit the window, which needed a couple months too heal. And I was very lucky in she hit my driver side front tire area. A few feet further back and it would have been a lot worse. About $8000 in damage to my car and her car was totaled. Also the collision shop could not believe how quickly Progressive got the check to them to cover my deductible. They hand delivered it. They were probably just hoping I did not sue.
Last edited by 15BluStang; 4/3/15 at 09:20 AM.
4/3/15, 10:49 AM
#23
V6 Member
They suck. I now have Geico,at least you get to deal with the actual co,not some uniformed, parasitic agent.
Last edited by rider; 4/4/15 at 05:29 PM.
4/3/15, 11:25 AM
#24
Legacy TMS Member
I learned it is not just about what you pay for insurance in 2007. I was t-boned in my six month old 2007 Mustang. Both the tow truck driver and the collision shop told me the same thing. Go through my State Farm policy rather than the at fault driver's Progressive policy. State Farm would require repair with Ford parts and Progressive would require repair with OEM parts when available.
That said, my SF Claims agents have been complete waste. They determined I was 100% at fault for the cause of the accident, though the other driver committed an unsafe lane change and failed to stop or avoid me as I was going back into the other lane. His insurance, All State, was very pleasant to deal with. They even said it might be a shared liability, if only 70-30, still mostly my fault. I would've been okay with that, as it wouldn't have raised my premium as much, but SF (my carrier) completely put me at fault so why would his insurance argue with that? I can't wait to see what my premium goes up to now that I'll be losing my "good/safe driver" discount
4/3/15, 12:16 PM
#25
Legacy TMS Member
I called my State Farm agent and complained. Rate hikes with no accidents on record. I said at 50 and a clean record they should find a way to discount the cost. Plus lower miles each year and NO tickets. I got discounted a couple weeks later. I still think about looking around though.
Last edited by GrnT; 4/3/15 at 12:17 PM.
4/3/15, 12:23 PM
#26
Mach 1 Member
State Farm has managed to go from the best and cheapest(if you had good record) to the sleaziest,bait and switch,crooks.They always quote a decent price and will continuously jack up your rate for no reason but corporate greed.
They suck. I now have Gecio,at least you get to deal with the actual co,not some uniformed, parasitic agent.
They suck. I now have Gecio,at least you get to deal with the actual co,not some uniformed, parasitic agent.
4/3/15, 01:48 PM
#27
Mach 1 Member
It's a bill you have to pay on time, and they need to know you're going to a) have at least your deductible and b) that you're trustworthy enough to not run from the scene of an accident. Their liability has everything to do with your credit (literally and figuratively).
4/3/15, 02:45 PM
#28
Legacy TMS Member
True, but I dont see how they could not provide him insurance for "bad credit" as he said its at 730. Shouldn't they just provide him with a little higher quote then a person with good credit, I have never heard of anyone say that they got turned down by insurance company without even a quote.
My credit is around there too, but j still have dings on my report from having "too much debt" (i.e. my car lol) and "delinquent accounts" which is bs stemming from a pos credit card company that "lost" my payments for 3 months and never told me, even though the money was drafted out of my checking account and my bank verified this with them over the phone. The company told me it would be removed from my report, but somehow it still shows up. That said, I was able to get my loan at 4.25%, first time buyer with no cosigner, so I think I still did pretty well...
4/3/15, 03:27 PM
#29
FR500 Member
That is true...and I agree. Probably more to the story. My credit is around there too, but j still have dings on my report from having "too much debt" (i.e. my car lol) and "delinquent accounts" which is bs stemming from a pos credit card company that "lost" my payments for 3 months and never told me, even though the money was drafted out of my checking account and my bank verified this with them over the phone. The company told me it would be removed from my report, but somehow it still shows up. That said, I was able to get my loan at 4.25%, first time buyer with no cosigner, so I think I still did pretty well...
My credit is around there too, but j still have dings on my report from having "too much debt" (i.e. my car lol) and "delinquent accounts" which is bs stemming from a pos credit card company that "lost" my payments for 3 months and never told me, even though the money was drafted out of my checking account and my bank verified this with them over the phone. The company told me it would be removed from my report, but somehow it still shows up. That said, I was able to get my loan at 4.25%, first time buyer with no cosigner, so I think I still did pretty well...I can't figure out how they calculate credit ratings. When I got the Mustang, I took a 72 mo. note @ a prefered 2.34% because my rating was over 740. At the time I had a crapload of credit cards, a mortage, and a lease on my DD Fusion...still do.
A month later I paid off my mortgage and my biggest credit card. I just recently requested a limit increase and was denied since my rating dropped to 700 because I had too much debt!!!! I had more debt when I got the Mustang and I still got a loan at under 2.4%!!!!!
I blame it all on Democrats.
4/3/15, 03:43 PM
#30
Legacy TMS Member
I can't figure out how they calculate credit ratings. When I got the Mustang, I took a 72 mo. note @ a prefered 2.34% because my rating was over 740. At the time I had a crapload of credit cards, a mortage, and a lease on my DD Fusion...still do. A month later I paid off my mortgage and my biggest credit card. I just recently requested a limit increase and was denied since my rating dropped to 700 because I had too much debt!!!! I had more debt when I got the Mustang and I still got a loan at under 2.4%!!!!! I blame it all on Democrats.
4/3/15, 08:04 PM
#31
USAA cheaper and better than most. No desire
Nope not drunk. I have no clue why they would reject me on the basis of credit.... Just not interested enough to care if they can't get it right the first time. I have heard bad USAA stories but they have never done me wrong.
4/3/15, 08:30 PM
#32
Cobra R Member
Michigan also allows insurance companies to adjust rates based on credit (we have some of the highest insurance rates, it's absurd). It's complete crap, and I'm fairly sure everyone involved knows it...but I guess they'll do whatever they can to make another buck.
As far as credit scores are concerned, ponder this: a few years ago I ran into a bunch of money issues and ended up with a foreclosure and a couple defaulted credit cards. Before all this, when I bought the house (at age 21), my credit score was 620. No negative issues, only reason for the score was that I was so young and had almost no history (despite having accounts open since 18).
Right now, with the foreclosure and a handful of defaults on my record (and with NO currently open accounts) my score is a 630. How the hell does that work?
As far as credit scores are concerned, ponder this: a few years ago I ran into a bunch of money issues and ended up with a foreclosure and a couple defaulted credit cards. Before all this, when I bought the house (at age 21), my credit score was 620. No negative issues, only reason for the score was that I was so young and had almost no history (despite having accounts open since 18).
Right now, with the foreclosure and a handful of defaults on my record (and with NO currently open accounts) my score is a 630. How the hell does that work?
4/3/15, 09:02 PM
#33
Legacy TMS Member
Michigan also allows insurance companies to adjust rates based on credit (we have some of the highest insurance rates, it's absurd). It's complete crap, and I'm fairly sure everyone involved knows it...but I guess they'll do whatever they can to make another buck. As far as credit scores are concerned, ponder this: a few years ago I ran into a bunch of money issues and ended up with a foreclosure and a couple defaulted credit cards. Before all this, when I bought the house (at age 21), my credit score was 620. No negative issues, only reason for the score was that I was so young and had almost no history (despite having accounts open since 18). Right now, with the foreclosure and a handful of defaults on my record (and with NO currently open accounts) my score is a 630. How the hell does that work?
4/3/15, 09:33 PM
#34
Cobra R Member
It's gotta be. The formula to figure this stuff out is in no way based in reality. It just seems like a ruse at this point.
Gotta make sure we're all good little consumers I guess...
Gotta make sure we're all good little consumers I guess...
4/3/15, 11:14 PM
#35
Is there even a true formula? Most places that need credit checks go through 2 or 3 different places, that all have (sometimes significantly) different numbers.
4/4/15, 06:17 AM
#36
legacy Tms Member MEMORIAL Rest In Peace 10/06/2021
Join Date: September 16, 2009
Location: Clinton Tennessee
Posts: 3,377
Received 124 Likes
on
100 Posts
I have State Farm. I have the, 'less than 6,000 miles per year' discount. I hit 130mph on the interstate the other day, i'm glad i don't have the tracker crap 
4/5/15, 01:33 PM
#38
2014 SGM Roush Stage 2 --------- Moderator------
I am not willing to share my data either (at least where I have a say). Big Brother & Big Corp has enough power over us lowly souls as it is. It will only be used against you.
Or am I just paranoid...
4/5/15, 07:34 PM
#39
Banned
Join Date: August 2, 2013
Location: Little north of Stuttgart, Germany
Posts: 3,090
Received 254 Likes
on
230 Posts
I had State Farm and got a really big safe driver discount. Kids with good grades even bigger. In the local news they did a segment that if you use a device in the car the insurance company even if driving really safe could really raise your rates based on the accelerometer in the car.It's nuts I would never use one.
4/6/15, 12:35 AM
#40
That was my thought. Sure, if you only use your vehicle for A-B travel and not for recreation, then go ahead. But as soon as you do any spirited driving, road course, autocross, or offroading then these devices could be more of a headache than they are worth.