Insurance companies
 

I know some look back 3 years and some look back 5. Which ones only look back 3?

AFAIK, allstate looks back only three

Progressive

Trying to keep the FailFidget in the past? :lol:

- Justin

How does one find this info?

Plymouth Rock (formerly Prudential / High Point) only looks back 3 years, and I get better rates through them than I ever got at Progressive or was quoted at Geico.

- Justin

:metoo:

NJM looks back 3 yrs - if there is anything listed within the 3 yrs then they look back 5 yrs. They all have to file with DOBI (department of banking and insurance). It might be a pita though to search through all insurance carriers regulations to see who looks back how far though.

Finally getting around to this... Allstate goes back 5, Progressive gave me a quote that beats the hell out of what I'm paying now, and plymouth rock is 5 years too

Look into IFA. I want to say they only go back 3, but I can say for sure its cheapest I have found in the Jerz.

If he's looking for new insurance, NJM is super selective. I think you can only be covered by them if you're related to someone in the same house or you're a government employee... correct me if i'm wrong

NJM is rough. They can drop you whenever they want i.e. run a stop sign and you're cut. You can get NJM if you work for a manufacturing company with facilities in-state or you are added/related to someone that has a policy.

I had it offered to me by my work and it was a little bit more per year than my current 21st Century policy.

ADP doesn't manufacture anything but since I'm employed by them I can get NJM.

Google says any company in the NJBIA can use NJM. I'm assuming kickbacks and such.

Yep, that it, but it has nothing to do with kickbacks really. NJM is not for profit. Usually you get a dividend at the end of the year with them. I think my friend said he gets ~$300 every year with two vehicles fully insured and his homowners policy.

They arent that bad about dropping people though. His wife has had like 2 or 3 at fault accidents and they are OK still

Yes, and they (NJM) typically will send a handful of warning letters telling you to shape up before they toss you out.

- Justin

When I was 18 (20 years ago) I was on my parents NJM policy, and got 3 tickets within a span of 6 months. They sent a letter saying I needed to straighten up quick or the whole family was going to get dropped. I stopped driving like a dumbass after that, went three years with no tickets, and got my own policy with them at 22. Been with them ever since, and have had no complaints. They have been great to deal with over the years - maybe a little pricier than some other companies, but we have low deductibles and high limits, plus we have our home-owners insurance with them as well.