Suing Car Insurance Company

by Guest » Wed Apr 14, 2010 12:11 pm
Guest

I received my new premium from my insurance company and it has gone up. I called my agent to find out why and she said because I have a Lexus.

I asked her was it due to the recalls and she said it's a possibility. How can they raise my rate due to something I have no control over? I have not had a wreck or got a ticket. My insurance usually goes down every year and this is the first year of me having my Lexus (got it April 09) and they have raised my rate.

Do I have a case?

Total Comments: 1

Posted: Wed Apr 14, 2010 02:18 pm Post Subject:

Is this the Lexus that Consumer Reports rated "Don't Buy"? If not, I doubt that is the case.

Insurance companies have had a tough time. Many are going out of business as they rely on investments to make money. I think your agent should be able to give you a better answer then the one given (across the board increase, your age, etc).

If the rates went up because of an increase in known risk based on the vehicle, is this the insurance companies fault? Fault has nothing to do with it. You choose to drive the vehicle you drive... the insurance company bases the rate on the known risk involved with that vehicle. Its _your_ choice if you want to continue to drive/insure that vehicle.

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