Bet your life insurance is a bit high now days also.

 

Insurance is like going to Vegas.
YOU'RE betting you'll need to file a claim.
THEY'RE betting you won't.
Only problem, YOU'RE the only one having to ante up.

 

Check your policy, see if it has OFPI included.
May be able to convince your agent to reduce this in order to keep from losing you.
Liability and higher deductibles may help, perhaps the lowest coverage the law allows.
(OFPI: Old Fart's Premium Increase)

 

Insurance went up when I turned 65 some years back for both bike and car. I complained to no avail at CS. Was told it is normal for rates to go up at that age. Now that I am 72 bike is about $28 and change a month. Car insurance is less that $300 for 6 months. No big raise when I hit 70 or beyond.

Maybe it is time to shop insurance and find a better rate?
Life insurance rates are locked so no increases there.

 

Wow, I'm not sure this site would allow me to say what I'm thinking after reading you Ignorant post, so I'll leave it there.......

 

I would love to be around when you hit 70 to see how your opinion changes. Or maybe you will be one of those 70 year olds that won't be capable of driving or riding a bike. Time will tell.

 

I routinely switch my insurance companies, they tend to see-saw on rates and change frequently depending on if they want additional business in a particular state/region and category. For example, last year my auto insurance with USAA seemed high, I went to Geico and it was cut by 53 % for the same coverage. More than half. I had Progressive for my motorcycles and found out Geico was 27% less on motorcycles, so switched to them as well. Guess they want the Northern Virginia market moreso than the other companies.

I still keep USAA for my homeowner's insurance, because they always pay claims the other companies balk on. For example, hail damage on my roof a year ago was $ 34,000 to replace that and one large window, they did it without question. Others in my neighborhood who also filed for new roofing were denied.

 

I love the insurance whiners! Self ensure, if the state makes you buy insurance get PL and PD. Save you tons of money. See how that works for ya..

 

Whiners? ... Self insuring ? ... Looking for the best return on yor investment is far from whining. Inferring that self insuring is is a viable option is just as ludacris!

 

Say what you want. It wont bother me in the least.

Youre right, time will tell. If you and Yooperbigdog had read my post I said its not the case with every person. But its a fact that as we age we start to get slower and things just dont work like they used to. I meant no offense to anyone but I stand by what I said. And I will add that anyone 70 or older and still driving or riding should have to be tested yearly.