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GhostRising_ t1_jearyr7 wrote

NJM pays out better medical than ANY other insurance company (god forbid you need it). I’ve never had an issue other than the fact of the ASININE way they use your credit history in your premium. Both of us have well over 800 scores but get hit by number of accounts etc. it’s a joke

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Upper-Discount5060 t1_jeaue4r wrote

ALL of the insurance companies factor your credit score into your premium.

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GhostRising_ t1_jeaurac wrote

I understand that….but my credit is literally perfect I’m every aspect. (I take pride in that). But apparently it’s hurting me with something that doesn’t even correspond. Driving and credit. Kills me

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Interesting_Tower485 t1_jeas5aq wrote

What's the result of using your credit history? Higher premium amount, or..?

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GhostRising_ t1_jeasi8d wrote

Apparently so. When you renew they send you a report from some 3rd party company who rates the customers. They list the “issues” which in turn have an affect on your premium. Like “too many accounts open” etc. We haven’t missed a payment on ANYTHING (in fact we over pay if it’s a balance) in 2 decades.

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Interesting_Tower485 t1_jeat5v5 wrote

have you had any claims with them, how did they go? I am trying to decide between NJM (where I currently have 1 car) and State Farm, both rates similar in total. NJM generally gets high scores for client satisfaction which includes claims. SF gets dinged a little on claims satisfaction and timeliness. That said, SF reduces their auto rate over 3 years without accidents. Current is selective which has done fine but seems to be much more expensive (though an agent, vs. SF and NJM which are direct). These days, I don't feel the agency / agent does much anymore or really helps, even when I've had claims.

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