Quote:
Originally Posted by JMcLellan
My insurance broker walked me through what influences he is seeing in the industry that are leading to higher rates overall. The main thing he pointed was the high cost of repair on BMW's as #1 (assume all things equal in terms of the people insured in terms of driving record, age, etc). Windshield replacement alone can be $3500+. On top of that nearly everything we consume now costs more so why wouldn't insurance go up?
Our auto and home policy renews in April so he is going to take another look at rates then. I'm scared of things going up again....
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That's completely fair. It's like a fast food meal costing over $10/person now...didn't used to be like that.
Quote:
Originally Posted by MineralGreyMetallic
What's the process for finding a good broker? Do they take a fee?
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There are people around that are parts of companies that do this as a business model. The ones I've seen around me don't have fees they charge or anything directly to the consumer.
If you throw it out there to like a local social media group, I'm sure people can name some people who are insurance brokers.
Not sure if that's helpful, but that's what I've got.