BMW Garage BMW Meets Register Search Today's Posts Mark Forums Read
BIMMERPOST Universal Forums General Automotive (non-BMW) Talk + Photos/Videos Liberty Mutual Insurance

Post Reply
 
Thread Tools Search this Thread
      12-12-2016, 11:19 AM   #1
lenny_zwik
Registered
5
Rep
4
Posts

Drives: 2015 M4 Silverstone / Sakhir
Join Date: Jan 2015
Location: United States

iTrader: (0)

Liberty Mutual Insurance

To all my fellow BMW owners and Club members:

I'm pretty sure that at some point in time you've been pitched, or made aware of insurance coverage through Liberty Mutual. They advertise heavily in Roundel and are promoted at the dealership during the car purchasing process.

I've just received my renewal and to make a long story short, my premium went up 30% from last year which I find unconscionable and while maybe not a bait and switch between the 1st and 2nd years of coverage (this being my 3rd), it sure comes close. There have been absolutely no claims, accidents, or tickets. The only justification anyone was able to provide me was that my wife and I both turned 65, which while might justify some rate increase, doesn't justify 30%.
Appreciate 1
      12-12-2016, 12:29 PM   #2
WingZeroX5
Colonel
WingZeroX5's Avatar
United_States
764
Rep
2,358
Posts

Drives: F80 / F30
Join Date: Mar 2010
Location: New Hampshire

iTrader: (14)

Well, I guess the both of you reached into the year group who are more likely to be in a crash and fatal ones
Appreciate 0
      12-12-2016, 12:37 PM   #3
AIRPOWER
Lieutenant Colonel
AIRPOWER's Avatar
United_States
1683
Rep
1,812
Posts

Drives: 2015 6MT YMB M3, 1974 Corvette
Join Date: Apr 2015
Location: NW Florida

iTrader: (0)

Garage List
2015 BMW M3  [9.67]
Time to move on, try USAA if you are eligible.
__________________
AIRPOWER

Appreciate 0
      12-12-2016, 12:58 PM   #4
oolas3
Captain
387
Rep
876
Posts

Drives: BMW
Join Date: May 2015
Location: United States

iTrader: (0)

Try Amica. My rate has been stable for years.
Appreciate 0
      12-18-2016, 10:48 AM   #5
floydarogers
Curmudgeon and Pedant
floydarogers's Avatar
United_States
690
Rep
3,489
Posts

Drives: 2010 335d, 2014 328d
Join Date: Nov 2012
Location: Bellevue, WA

iTrader: (0)

They need to pay for all the ads they're running.
Appreciate 0
      12-18-2016, 02:46 PM   #6
betak
New Member
United_States
7
Rep
15
Posts

Drives: '09 335i, '11 M3
Join Date: Jul 2015
Location: San Francisco, CA

iTrader: (0)

Garage List
2011 E92 M3  [0.00]
2009 E90 335i  [0.00]
I've had them for about 5 years and I see a rate increase every year despite a clean driving record and zero claims/accidents. Minimal increases in year 1, 2 but I saw mine jump at the 3rd year also.

I'm still with them because in year 3, I bought a second car and added it to my policy. It somehow seem to "reset" my rates and they were once again competitive with State Farm and AAA. Fast forward 6 months and I sold car 1, premium decreased only about 20%. I called my agent to ask why the decrease was so small and apparently the multi-car discount is worth a ton in my case. Age didn't play a factor for me, single male in my 30s.

I shop around every year when I get my renewal, just to make sure I'm not being taken to the cleaners.
Appreciate 0
      12-18-2016, 05:37 PM   #7
Crimson92
Smiling Politely
Crimson92's Avatar
United_States
1380
Rep
29,118
Posts

Drives: Like a boss
Join Date: Jun 2007
Location: Whales Vagina

iTrader: (3)

I would call them and ask.

Sometimes it is normal.

For example. Accidents in my area went up and as a result my insurance had to do a lot of payouts to their customers. So they raised everyone's rates the following year.

Still sucks but nothing I can do.

They're still cheaper than anyone else so I'm staying where I'm at.
__________________
Quote:
Some people are like slinkies...not really good for much but you can't help but smile when you see one tumble down the stairs"
Appreciate 0
      12-19-2016, 05:01 AM   #8
chillindrdude
Lieutenant Colonel
chillindrdude's Avatar
1156
Rep
1,726
Posts

Drives: anything with 4 wheels
Join Date: Feb 2015
Location: Virginia

iTrader: (1)

Been with USAA, rock solid.
Appreciate 0
      12-19-2016, 06:00 AM   #9
bvanlieu
Second Lieutenant
57
Rep
268
Posts

Drives: Alpine 335d
Join Date: Nov 2013
Location: PA

iTrader: (0)

Been with Liberty for years but yes have also seen big jumps. I combine home, 4 autos, moto with them, no issues with me or my wife with respect to driving incidents for 5+ years.

Their service is pretty good (for insurance companies, which are one rung above used car dealers when it comes to business models) but they have jacked rates.

My favorite was the year after Sandy, my home premium went up over 25%. I called to complain as this is not how things are supposed to work.

They said they had lots of claims that year because of the storm. My retort "yes, but my house was not one of them: raise their rates."

<silence>

Its time to shop it around...

- b
Appreciate 0
      12-24-2016, 04:07 AM   #10
DmitriKozlowsky
New Member
5
Rep
8
Posts

Drives: 2016 Z4 35i Sdrive
Join Date: Dec 2016
Location: Playa Vista, CA

iTrader: (0)

uSAA if you qual/

If you ever served in Armed Forces (of U.S.), Coast Guard, Reserves, employed by Pentagon/Dept. Of Defense, or ABC agencies, or your spouse have. You probably qualify for USAA, which IMHO is the best insurer in U.S.A.
My lease on '13 135I Mpkg Conv. matured, and I leased 2016 Z4 35i Sdrive (with 19" perf rim and tires of course), and my 6 month tab droped by $130.
Not that much, but I expected it to rise, as I was returning a 52,500 car for $72,500 one.


Quote:
Originally Posted by lenny_zwik View Post
To all my fellow BMW owners and Club members:

I'm pretty sure that at some point in time you've been pitched, or made aware of insurance coverage through Liberty Mutual. They advertise heavily in Roundel and are promoted at the dealership during the car purchasing process.

I've just received my renewal and to make a long story short, my premium went up 30% from last year which I find unconscionable and while maybe not a bait and switch between the 1st and 2nd years of coverage (this being my 3rd), it sure comes close. There have been absolutely no claims, accidents, or tickets. The only justification anyone was able to provide me was that my wife and I both turned 65, which while might justify some rate increase, doesn't justify 30%.
Appreciate 0
Post Reply

Bookmarks

Tags
insurance, liberty mutual, rate increase

Thread Tools Search this Thread
Search this Thread:

Advanced Search

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off



All times are GMT -5. The time now is 12:45 AM.




bmw
Powered by vBulletin® Version 3.8.11
Copyright ©2000 - 2024, vBulletin Solutions Inc.
1Addicts.com, BIMMERPOST.com, E90Post.com, F30Post.com, M3Post.com, ZPost.com, 5Post.com, 6Post.com, 7Post.com, XBimmers.com logo and trademark are properties of BIMMERPOST