
03-27-2009, 03:58 PM
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Senior Club Cobra Member
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Join Date: Oct 2004
Location: Granite Bay,
Ca
Cobra Make, Engine: SPF GT40P-2265/393W, KMP318 (PROJECT!!!!!)/CSX478
Posts: 1,158
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Not Ranked
HELP!! State Farm with Automatic 5% Premium Increase
Well,
Today I've found out that State Farm Insurance has been hitting me was an automatic yearly 5% premium increase on my cobra (and another older car) because "they're getting older, and parts are getting more difficult/expensive to find." Never mind that my Kirkham is built entirely of new parts (excepting) the block. This is not trivial, as it amounts to in excess of an additional $100 every year (compounded every year).
My car is insured as a driver, with me as the only insured, and with a milage limitation that I've never come close to.
I would really like to keep it as a driver, so I can take it to work as weather permits. Does anyone have any suggestions? I can't use Haggerty etc, because they won't let me take it to work.
It kind of sticks in my craw, as I've had State Farm almost continuously since I got my driver's license.
Thanks for any suggestions. And, if you don't mind, call your State Farm Agent and ask them about this. My long-time agent died about a year and a half ago, and all this started as soon as the new agent took over. Seems kind of fishy. But in any case, I'd like to know if anyone else is have to put up with this? 
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Ron R
"Dishwasher? I thought that was for cleaning parts!?"
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