Amica Auto Insurance Amica Car Insurance MASSIVE rate increases for FL Tampa Florida
Despite not having submitted a single claim (other than very infrequent windshield replacement), nor any moving violations or other negative marks, Amica has consistently raised our Auto Insurance rates by $400 annually. There are only 2 drivers - my spouse and I, on our 2 vehicles - both purchased during 2014.
In 2018-Dec, we were notified that Amica is switching us from a 12-month policy to a 6-month policy. This decision offers the policyholder NOTHING but does provide Amica the ability to revisit rates 2x per year versus once per year.
After being a loyal customer for 10+ years, I can no longer afford to insure with Amica and am seeking new coverage elsewhere.
For example, Rate History for the last 6 years of no-claims history:
2019-01 thru 2019-07: 3,068 +400 (14.99%) (1,534 for 6 mths .. x2)
2018-01 thru 2018-12: 2,668 +312 (13.24%)
2017-01 thru 2017-12: 2,356 +372 (18.75%)
2016-01 thru 2016-12: 1,984 +23 (1.17%)
2015-01 thru 2015-12: 1,961 +126 (6.87%)
2014-01 thru 2014-12: 1,835
1 Updates & Rebuttals
Robert
Irvine,California,
United States
The only RipOff
#2Consumer Comment
Wed, January 02, 2019
An Insurance Company can charge what ever rates it wants to based on what is approved by the appropriate State Agencies, so if your rates are going up the State approved it.
However, the only RipOff here may be the one you are doing to yourself. Regardless of how comfortable you are with a company, or how long you have been with a company, just like they reevaluate you every 6 to 12 months you should be doing the same thing to make sure that they are still competative. Failing do to that may have you end up just giving away money.
You didn't give any details as to the level of coverage, but even back in 2014 with what you have described you were paying a lot more than you may have needed to. You mentioned your driving record, but the one factor you didn't mention is your credit..yes your credit In almost all States an insurance company can(and does) use your credit score as a determining factor in your rate, where a person with poor credit may pay almost double what a person with excellent credit does. So this could be a primary reason for your rates, and if that is the case you should definatly look for companies the rely less on credit history. But even if that isn't the case, again you should be looking around every renewal period to make sure that the rates and services you are getting are competative.