Best Cost Car Insurance

What can I do about car insurance price gouging?

I backed into someone in a parking lot. Thay had a claim off $1000. this is my first and only accident. My insurance company say's because I was moving it's a collision and my insurance has doubled. this is wrong.

Public Comments

1. Nope - it's not wrong. Insurance rates are approved by the state insurance department. The rates are different in each state. You had an at fault collision loss. This will cause a rate increase. If you don't like the rate you are being charged.....see if you can find another company that will give you a better rate. You do have the right to take your business elsewhere.
2. That is messed up.... you should get a new insurance policy. Try using http://My-InsuranceSearch.com to compare car insurance rates for all the major providers in your area.
3. Hello, We often take for granted what a convenience our cars are. I was paying a low price for my insurance, but at renewal time, my insurer tried to increase my rates. My friend sent me a link to this site: http://www.help-my-rent-mortgage.org They have a free search to compare auto rates from the major insurers. It saved me a lot of money! Best of Luck
4. All insurance companies are different when it comes to their underwriting procedures. These procedures determine if your policy rates change due to additional exposures. Underwriting procedures are on file with the state you have insurance in. Insurance practices are regulated by your state and there is no arbitrary price gouging. Also, a good resource is... http://www.knowledged.info/go.php?link=insurance Best of luck to you.