Quote:
Originally posted by calf@Aug 26 2004, 12:33 AM
I'll be calling my guy tomorrow, but my question is this: can they seriously do this, and do it on short notice (the new premium goes into effect in about 2 weeks)? Any other advice?
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Check your "contract" (i.e. the thick set of documents you received) and see what it says. Generally, insurance companies must wait until the end of the term specified in their contract, which is often six months, before adjusting your rates (which seems about right, based on what you said).
If you're unhappy with this, it might be a good time to shop around and perhaps visit a broker. However, as a male, under 25, with a new car, you're just not going to get a great rate. Just do whatever you can to keep a clean driving record (including any "comprehensive" claims) and things will eventually become better. I think my insurance dropped by 40% when I turned 25....