Hi, Guest
10-21-2009, 06:11 AM
They are talking about how the Gov regulates the insurance companies but State Farm isn't regulated.
With out regulation the prices would be way higher not cheaper. They would pretty much say well you need it so you paying this much and thats that. SF is not regulated like most of them and there for competes with the rest of the prices but has the ability to hike them even in between your contract start and end dates. Meaning instead of reassessing you every 6 or 12 months they have the ability to reassess you all the time and raise and lower your rates when they feel like it.
Fun Eh!
With out regulation the prices would be way higher not cheaper. They would pretty much say well you need it so you paying this much and thats that. SF is not regulated like most of them and there for competes with the rest of the prices but has the ability to hike them even in between your contract start and end dates. Meaning instead of reassessing you every 6 or 12 months they have the ability to reassess you all the time and raise and lower your rates when they feel like it.
Fun Eh!
Currently - 2014 GMC Sierra 1500 SLE 4X4 Work Truck. Needs a Super Charger
2012 F150 Eco Boost Work Truck < Died several times and now it's some farmer problem.
No Longer Sleeping/In Surgery Having A Heart Transplant - 2005 Focus ZX5 Sonic Blue Modified
Sold - 1992 Astro Van CS Sky Blue Stock
Sold - 1994 Excel 2DR HB Teal First Car
2012 F150 Eco Boost Work Truck < Died several times and now it's some farmer problem.
No Longer Sleeping/In Surgery Having A Heart Transplant - 2005 Focus ZX5 Sonic Blue Modified
Sold - 1992 Astro Van CS Sky Blue Stock
Sold - 1994 Excel 2DR HB Teal First Car