Tesla Motors Club
TLDR - my premium jumped 30% based on the “risk pool” in MA changing and nothing to do with me as a driver.
Got a new premium for the year ahead from my insurance co. today (Ameriprise). I live in MA and have had annual premiums of 1100 and 1200 respectively for the last two years on my model 3.
Included in the paperwork was a statement that Ameriprise had been purchased by American Family Connect insurance co. They state in plain language that the purchase will have no impact on my premium.
The new premium I received today for the year ahead is 1650. A roughly 30% increase. After calling them they stated this was a result of an adjusted Risk Profile for Massachusetts (weather, other people’s claims, cost of labor, etc). As less people are driving during covid I find all of this really hard to believe but have any of you had a similar experience?
Here are some notes on my car and the current policy.
Got a new premium for the year ahead from my insurance co. today (Ameriprise). I live in MA and have had annual premiums of 1100 and 1200 respectively for the last two years on my model 3.
Included in the paperwork was a statement that Ameriprise had been purchased by American Family Connect insurance co. They state in plain language that the purchase will have no impact on my premium.
The new premium I received today for the year ahead is 1650. A roughly 30% increase. After calling them they stated this was a result of an adjusted Risk Profile for Massachusetts (weather, other people’s claims, cost of labor, etc). As less people are driving during covid I find all of this really hard to believe but have any of you had a similar experience?
Here are some notes on my car and the current policy.
- garaged in Camber-ville
- 2018
- Zero accident/claims/tickets ever
- 16,000mi or less annually (odometer: 25k)