danrjones wrote: ↑
Tue Mar 03, 2020 10:52 am
Isn't there a law in CA that limits when your rates are allowed to go up?
I thought claiming an accident that wasn't your fault, such as the hit and run, wouldn't ding your rates.
I don't know the law but someone else on another forum pointed that out to me. Despite that assurance or whatever, I don't trust it.
To me, an insurance company can find any excuse to raise my rates, possibly stating it was for some "other" reason(s). I receive some papers every year where they decided to raise or lower my rates and I have no say in it.
My insurance is already very high and I can't lower my limits due to my net worth/what I could possibly lose. I also have umbrella insurance now.