I was with AAA auto insurance and got several calls from a local State Farm office guaranteeing me a lower rate by $40-$50 per month. So I moved my cars one of them a classic car.
For one month I got the low rate and then the rate shot up almost triple. The reason was they were still waiting for the classic rate. I then sought to go back to AAA only to find that that rate would be more due to something called longevity. In other words, you have to have a policy for a year to be in good standing.
Me moving back to AAA and only one month at State Farm damaged my record. Its close to a fraudulent practice when you are solicited, promised in a quote lower rates and then blame the underwriters for hiking it up. I am damaged in the process and have to split my cars up and get rated by two companies as I slowly go back to AAA.
Of course the explanation was for me to pay it all now and get a credit later. I think the Agent should pay the difference, after all he started the whole chain of events.
Once you establish a quote for insurance and especially when you entice a customer away from another company which has its own consequences, its not ethical to raise the rates especially for a classification change in this case "Classic car", we hardly drive the car , it is not an everyday driver. This is theft, not ethical and fraudulent.I am told one service center serves several states and that is why the time delay.
Poor business practices, Don't go to State Farm for auto insurance. I hope they are investigated by the State of Missouri.
Product or Service Mentioned: State Farm Insurance Auto Insurance.