Among the many laws and changes that those in Florida have faced, one of the biggest ones is the auto insurance reform. For the unaware, it allowed certain people to pay less for insurance, which, in theory, would be better. However, some locals are now reporting that their insurance costs have become strictly high, with some even seeing a 20% increase in a short period of time. Sadly, this has made many believe that the reform isn’t working as intended.
Reddit user Kimi2018 shared their complaint on the Florida subreddit, saying the auto insurance reform was a joke. In their post, they mention how they have been part of Progressive and received around $330 from the reform. However, OP mentions their next renewal went up $400. An alarming part is that they mention how they haven’t been in an accident or have been issued any tickets. On top of that, after calling the company, it just mentioned it was a “price increase,” without further explanation.
Normally, one would think this would be a one-time thing, only affecting this particular customer. However, it seems that isn’t the case. Several people have also shared their experiences, saying that they have noticed some of their rates going up, especially after sticking with only one company.
Furthermore, many pointed out that the majority of these cases have allegedly happened to “loyal” customers, who have been with a brand for many years. Some users even said that after a decade, their prices just continue going up, instead of the other way around.
Florida Drivers Frustrated Over Insurance Price Increases
Since this seems to be a statewide situation, several other Redditors posted their experiences, with many mentioning the alleged price hikes.
“I had GEICO for 25 years, and one day 3 years ago they almost doubled my rate. No accidents, no claims, no tickets. I called them up and they had no explaination and just said “there was a rate increase”, however none of my family or friends got that same increase. Ended up calling Progressive, and they nearly cut my bill in half from what I was paying at GEICO.“
Some Redditors focused on the fact that this seems to be another case of a new law working against locals, blaming the government as a whole.
“Welcome to Florida.”
“In Florida you don’t really retire! You become a professional insurance shopper! Between home and auto, it’s a full-time job trying to keep your rates down.“
Many are still trying to see what is truly happening with the new rates, but many just think that swapping companies would be the easiest solution.
