Why did Allstate raise my rate by $400 at renewal?
I live in Los Angeles and switched from Progressive to Allstate six months ago. I just received my renewal offer and my rate has gone up $400. Why did it go up?
“A renewal for a car insurance policy is a way for both you and your insurance carrier to review your coverage before agreeing to another term. Carriers will look at any new information and adjust your rate based on that. If you got into an accident or got a ticket during your last policy term, they may be rating your new policy term for that.
Insurance carriers also often adjust rates based on data and other information they gather from policyholders. For example, if there has been an increase in vehicle thefts in your area, insurance carriers are going to rate policies for that risk.
If you’re unhappy with the rate that your current carrier is offering you, shop around! Every carrier is different. By comparison shopping, you’ll be able to find the best rate for you and your budget.
Did this answer help you?
Ask us a question by email and we will respond within a few days.
Have a different question?
You can meet us at our office and discuss the details of your question.
Let Jerry’s experts help you find savings on your car insurance!
No long forms or spam · Get quotes from 40+ carriers
Read advice from car experts at Jerry
Browse by topics
What others are asking
What can I do if another driver totaled my car but only has $5,000 in property damage liability?
My car was parked in my driveway when a motorist left the road and hit it. The car is totaled. However, the driver's insurance company will only provide $5,000 for property damage. That's not nearly enough to cover my damages. What are my options?
Apr 22, 2021
Is insurance from a rental car company enough for a driver with no personal auto policy?
I'm planning to rent a car while vacationing in Florida. I don't own a car and I have no insurance. Is buying insurance from the rental car company sufficient for this trip?
Mar 12, 2021
How do you calculate a down payment?
"How do you calculate a down payment on a $38,000 car? I'm buying a car from a dealer. They're offering a finance special that allows me to get 0% financing if I put 20% down."
Jul 28, 2021