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Message: <blockquote data-quote="jdavis" data-source="post: 587644" data-attributes="member: 8704">I have been told that if you are ever dropped by a company (for pretty much any reason) every other company will view you as high risk. I don't know if that is true but it probably is.Yes insurance rates are outrageous but the insurance companies are not making any money. So it has to be going somewhere, and that is normally to pay for higher claims and repair bills, and to cover fraud cases and car theft. Don't blame the insurance companies, the fault lies with greedy people (the whiplash lawsuit is so prevailent it has become a joke) and the fact that it cost a arm and a leg to repair a car these days. I hit a pole in a parking lot going less than 5 miles a hour, just barely rolled into it, the damage bill was $1500, it was only a $4000 car (my wife's I paid it out of pocket to keep it off the insurance record.) That minor repair would of cost the insurance company much more than she had paid them for a whole year. Car insurance just isn't a very profitable buisness anymore and it's getting worse.</blockquote>