Tuesday, February 19, 2019

Car Insurance Rates to Decrease

Insurance Commissioner Mike Chaney issued the following statement. 

Mississippi Insurance Commissioner Mike Chaney announced Tuesday, February 19th that he has approved an 11.2 percent decrease in rates for State Farm automobile insurance consumers.

“This rate decrease is good news for consumers in our state,” said Commissioner Chaney. “Competition and market share have turned around proposed rate increases by many companies, including State Farm.  Additionally, new technology used in automobiles and in driver education by insurance companies has driven down prices for consumers.”

Some consumers have already seen a rate decrease of 7.6 percent. The remaining decrease will take effect in the coming months, for a total 11.2 percent decrease.  The Mississippi Insurance Department expects other companies to follow State Farm’s lead. 


Anonymous said...

ill believe that when i see it

Anonymous said...

Homeowner rates will go up or auto and home deductibles will go up, take a guess.

Anonymous said...

I guess Chaney is in the advertising business for some companies. Last week it was the poultry insurer he was promoting. Now its snake farm. Every auto insurance company in the nation is losing their ass on auto. Snake Farm has been dropping long time customers over trivial accidents at their discretion, only having one on their record. Now all of a sudden they are having a rate decrease? Bovine Scatology! They are making a market/money grab to try and generate some income. For the most part just about every auto insurer is posting greater than 100% loss ratios. Snake Farm is no different.

Snake Farm customers, how do you all like the percentage home deductibles they snuck in there? They are snakes in the grass.

Anonymous said...

Is AG Hood still suing State Farm for the body shops, I mean for skimping on repairs of their customers' vehicles? So one State office is suing them while another lauds their rate setting prowess in the same line of business the suit aims correct.

Anonymous said...

Hood is Moseley's puppet. That's a sham that should be investigated by the FBI, and actually might be, but that's another story.

In other news, in 2017 State Farm reported $6.5 billion in underwriting losses in 2017. $2.8 billion was auto. $5.5 billion in 2016.

Anonymous said...

State Farm Insurance rates are so damn high to begin with that even with the decrease I expect them to be non competitive.

If you don't shop for insurance on an annual rates you are probably getting screwed.

You may think you are a SF customer if you purchase insurance from them but the fact of the matter is that their customer is their shareholders. Plain and simple.

Anonymous said...

If you could stop the commercials these attorneys run where they show a smiling healthy person state "I injured my feelings in an auto wreck on Monday and XYZ attorney had a check for $625,000 by Friday" that would go a long way to reducing insurance rates.

Anonymous said...

State Farm is lowering auto insurance rates nationwide. My guess would be they are losing a lot of customers to other companies so they are trying to be competitive.

The Gecko said...

Say mate, I can save you 15% in 15 minutes. All you have to do mate is tell me how much you are currently paying for insurance; now don't lie to me mate because I'm privy to the CLUE database and know exactly how much you pay in insurance already! Ok, so 15% is a stretch, but I can probably save you 10%. For the first year. Then I'll jack you up 20% quicker than a black mamba in year 2! Oh you'll go shopping alright at that point but guess what mate, you've only got a 2 year history with us and it's going to cost you even more to change up. You'll be coming back to us like a homesick Joey, mate!

Anonymous said...

@4:19 State Farm doesn’t have shareholders because they are a mutual company. so yeah, their policyholders are the closest thing they have to shareholders. Your other point about shopping every year is just as misinformed, but you do you Scotty P....no ragrets.

Anonymous said...

to 4:21pm........so lets ban all commercials and we will have a perfect world huh? what insurance company do you work for? dont like free speech? i got you a free one way ticket to a country that does not allow free speech. when can you come pick it up? just what until some little punk ass mellineal ,who is busy text messaging, freight trains you from behind at 50 mph and then we will see what tune you sing.

Anonymous said...

@7:21- I guess there really is no excuse then for the outrageous premiums State Farm charges. Shop around.

Anonymous said...

To the mate at 6:50, a clue report does not tell you what premium someone pays. It only reports accidents, tickets, and policy limits. G'day, mate.

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Trollfest '09

Trollfest '07 was such a success that Jackson Jambalaya will once again host Trollfest '09. Catch this great event which will leave NE Jackson & Fondren in flames. Othor Cain and his band, The Black Power Structure headline the night while Sonjay Poontang returns for an encore performance. Former Frank Melton bodyguard Marcus Wright makes his premier appearance at Trollfest singing "I'm a Sweet Transvestite" from "The Rocky Horror Picture Show." Kamikaze will sing his new hit, “How I sold out to da Man.” Robbie Bell again performs: “Mamas, don't let your babies grow up to be Bells” and “Any friend of Ed Peters is a friend of mine”. After the show, Ms. Bell will autograph copies of her mug shot photos. In a salute to “Dancing with the Stars”, Ms. Bell and Hinds County District Attorney Robert Smith will dance the Wango Tango.

Wrestling returns, except this time it will be a Battle Royal with Othor Cain, Ben Allen, Kim Wade, Haley Fisackerly, Alan Lange, and “Big Cat” Donna Ladd all in the ring at the same time. The Battle Royal will be in a steel cage, no time limit, no referee, and the losers must leave town. Marshand Crisler will be the honorary referee (as it gives him a title without actually having to do anything).

Meet KIM Waaaaaade at the Entergy Tent. For five pesos, Kim will sell you a chance to win a deed to a crack house on Ridgeway Street stuffed in the Howard Industries pinata. Don't worry if the pinata is beaten to shreds, as Mr. Wade has Jose, Emmanuel, and Carlos, all illegal immigrants, available as replacements for the it. Upon leaving the Entergy tent, fig leaves will be available in case Entergy literally takes everything you have as part of its Trollfest ticket price adjustment charge.

Donna Ladd of The Jackson Free Press will give several classes on learning how to write. Smearing, writing without factchecking, and reporting only one side of a story will be covered. A donation to pay their taxes will be accepted and she will be signing copies of their former federal tax liens. Ms. Ladd will give a dramatic reading of her two award-winning essays (They received The Jackson Free Press "Best Of" awards.) "Why everything is always about me" and "Why I cover murders better than anyone else in Jackson".

In the spirit of helping those who are less fortunate, Trollfest '09 adopts a cause for which a portion of the proceeds and donations will be donated: Keeping Frank Melton in his home. The “Keep Frank Melton From Being Homeless” booth will sell chances for five dollars to pin the tail on the jackass. John Reeves has graciously volunteered to be the jackass for this honorable excursion into saving Frank's ass. What's an ass between two friends after all? If Mr. Reeves is unable to um, perform, Speaker Billy McCoy has also volunteered as when the word “jackass” was mentioned he immediately ran as fast as he could to sign up.

In order to help clean up the legal profession, Adam Kilgore of the Mississippi Bar will be giving away free, round-trip plane tickets to the North Pole where they keep their bar complaint forms (which are NOT available online). If you don't want to go to the North Pole, you can enjoy Brant Brantley's (of the Mississippi Commission on Judicial Performance) free guided tours of the quicksand field over by High Street where all complaints against judges disappear. If for some reason you are unable to control yourself, never fear; Judge Houston Patton will operate his jail where no lawyers are needed or allowed as you just sit there for minutes... hours.... months...years until he decides he is tired of you sitting in his jail. Do not think Judge Patton is a bad judge however as he plans to serve free Mad Dog 20/20 to all inmates.

Trollfest '09 is a pet-friendly event as well. Feel free to bring your dog with you and do not worry if your pet gets hungry, as employees of the Jackson Zoo will be on hand to provide some of their animals as food when it gets to be feeding time for your little loved one.

Relax at the Fox News Tent. Since there are only three blonde reporters in Jackson (being blonde is a requirement for working at Fox News), Megan and Kathryn from WAPT and Wendy from WLBT will be on loan to Fox. To gain admittance to the VIP section, bring either your Republican Party ID card or a Rebel Flag. Bringing both and a torn-up Obama yard sign will entitle you to free drinks served by Megan, Wendy, and Kathryn. Get your tickets now. Since this is an event for trolls, no ID is required. Just bring the hate. Bring the family, Trollfest '09 is for EVERYONE!!!

This is definitely a Beaver production.

Note: Security provided by INS.

Trollfest '07

Jackson Jambalaya is the home of Trollfest '07. Catch this great event which promises to leave NE Jackson & Fondren in flames. Sonjay Poontang and his band headline the night with a special steel cage, no time limit "loser must leave town" bout between Alan Lange and "Big Cat"Donna Ladd following afterwards. Kamikaze will perform his new song F*** Bush, he's still a _____. Did I mention there was no referee? Dr. Heddy Matthias and Lori Gregory will face off in the undercard dueling with dangling participles and other um, devices. Robbie Bell will perform Her two latest songs: My Best Friends are in the Media and Mama's, Don't Let Your Babies Grow up to be George Bell. Sid Salter of The Clarion-Ledger will host "Pin the Tail on the Trial Lawyer", sponsored by State Farm.

There will be a hugging booth where in exchange for your young son, Frank Melton will give you a loooong hug. Trollfest will have a dunking booth where Muhammed the terrorist will curse you to Allah as you try to hit a target that will drop him into a vat of pig grease. However, in the true spirit of Separate But Equal, Don Imus and someone from NE Jackson will also sit in the dunking booth for an equal amount of time. Tom Head will give a reading for two hours on why he can't figure out who the hell he is. Cliff Cargill will give lessons with his .80 caliber desert eagle, using Frank Melton photos as targets. Tackleberry will be on hand for an autograph session. KIM Waaaaaade will be passing out free titles and deeds to crackhouses formerly owned by The Wood Street Players.

If you get tired come relax at the Fox News Tent. To gain admittance to the VIP section, bring either your Republican Party ID card or a Rebel Flag. Bringing both will entitle you to free drinks.Get your tickets now. Since this is an event for trolls, no ID is required, just bring the hate. Bring the family, Trollfest '07 is for EVERYONE!!!

This is definitely a Beaver production.

Note: Security provided by INS