agent quoted me one price, gave her a check and now she is saying i have to pay a diff price for auto ins.?

Question

i requested auto insurance from state farm. they quoted me at 142 now she calls back and tells me i would have to pay 189 monthly because of some underwriting and that i am a new driver. nut she knew that i was a new driver when i she gave me the quote and when she interviewed me. what should i do now?

im fresh out of driving lessons and i got my license 8-10-06. ive never received a ticket, never driven alone until after i got the car. i gave her all the information she needed including the date i got my L's

Answer 1

Your only choice is to look at another company if that's too much. A quote is based upon the information you give an insurance company. Once you agree to go ahead, they run a check of your past. They'll run a report to see if you have accidents/violations, they'll see if you've had lapses in your coverage . . . things like that. They will then adjust your rate according to what they find. If you're unhappy, give Progressive a call . . . they can give you a quote for them and many competitors. They can do that because every insurance company by law has to file their current rating figures with each state, and it's public knowledge. So Progressive can run your data against their own figures and others, and the data is accurate. Good luck!

Answer 2

A quote is just that. It's not written in stone when you agree to buy the policy. The price you're given could change once your record is reviewed and if any additional information is obtained. She's not the underwriter, so she goes with the info she has and the price could change after. Many people either can't remember that they had a ticket or an accident, and others just flat out conceal the info. So what you tell the agent and what the agent finds later can indicate a different rate. Not that you concealed anything, but that price is not always accurate. It can be off, and if she can support the difference there's nothing else that can be done to her. Rates and ins. practices are filed with the Ins. Commissioner and approved. You can check with them if you want, but it's not unusual for a quote to be off. You'll have to decide if you want to stay with them or shop elsewhere.

And by the way, Progressive may get their own rate right, but the competitor's rates are not usually up to date.

Answer 3

Nothing cranks me off worse than when someone telle me something and then goes back on their word. Tell the State Farm agent that if she doesn't agree to stand behind her quoted price you will look elsewhere. And then go ahead and look elsewhere anyway for comparison.

By the way, the "underwriting" excuse means that the underwriter told her to jack the rate because a) she lowballed it and/or b) as a new driver they figure they had better cover themselves in case you start racking up claims.

I had a bad experience with State Farm...I had them since I was 16 (as did my folks), and I insured multiple cars, had renter's insurance when I was living in an apartment, and later homeowner's coverage on my house... and then got hosed around on a measly $200 auto claim...the first I ever made after 20 years I might add...so I started looking around, and the so-called great "longtime customer, multi policy, non smoker, good grades, blah blah blah" BS friggin rates I was paying were beaten by 20% by the first place I called, and by 35% by the second.

Tell her that she knew all your info when she quoted it to you, and if she is willing to keep her word, then you'll do the deal, otherwise you want your money back, pronto. There are other companies willing to insure you just as cheaply, if not cheaper. Good Luck.

Answer 4

Tell her that you are no longer interested and that you will be cancelling the check and going elsewhere. Normally they will try and stop you from doing that by saying they'll give you that price for a special amount of time.

If that is the case and it's worth it go for it - - if not tell her you want it for the entire 06/07 year and if she agrees tell her your going to cancel the check anyway and re-send a new one.

On the new check write in the memo $142 insur pymnt. quoted by "hername". That way they can't give you that price once and screw you over.

Cover all of your bases.

Answer 5

Each state has an Insurance Commissioner, who is probably the best person to contact. I'm not sure if legally they have to stick to the quote they give you or if it's subject to change. That's a difference of $564, worth checking into. Keep in mind though, even if they give in and charge you by the quote they gave you, when your policy comes up for renewal they can still jack it back up because it can be review by the underwriter. It might be worth it to go get other quotes.

Answer 6

You can save on your insurance by compare quotes at DEALSQUOTE.INFO-

RE Agent quoted me one price, gave her a check and now she is saying i have to pay a diff price for auto ins.?

i requested auto insurance from state farm. they quoted me at 142 now she calls back and tells me i would have to pay 189 monthly because of some underwriting and that i am a new driver. nut she knew that i was a new driver when i she gave me the quote and when she interviewed me. what should i do now?

Answer 7

The quote was an estimate, based on the information you gave. If it changed, your choices are to pay the difference, or try another company and get your check back.

Answer 8

Go to another company insurance and cancel with State Farm, ask for a refund. They may charge for this couple of days of using them (we know it is not fair either), but show big corporations that the customer still is the one who is always right. Go with progressiv they give you all kinds of discounts.

Answer 9

Go to another agent and tell the lady at State Farm to return your check immediately.

Answer 10

Put a stop payment on your check. And find another agent.
Try Progressive they are pretty good, so is nationwide.