State Farm - Question about 5 yr experience req'd



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Thread: State Farm - Question about 5 yr experience req'd

  1. #1

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    State Farm - Question about 5 yr experience req'd

    Hi,

    I've had a G-class license for more than 5 years now. I've had my full G for just over 4, G2 for 4 years before that I think. I've never had my own insurance.

    My dad and I got into an argument over what State Farm's requirements are. Do they want me to have had a G-class license for 5 years, or do they want 5 years of driving experience? Do they evaluate it based on past insurance history? So the fact that I've never had insurance, would that be an issue?

    Thanks.

  2. #2
    kellen's Avatar
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    Re: State Farm - Question about 5 yr experience req'd

    Quote Originally Posted by HorizonXP View Post
    Hi,

    I've had a G-class license for more than 5 years now. I've had my full G for just over 4, G2 for 4 years before that I think. I've never had my own insurance.

    My dad and I got into an argument over what State Farm's requirements are. Do they want me to have had a G-class license for 5 years, or do they want 5 years of driving experience? Do they evaluate it based on past insurance history? So the fact that I've never had insurance, would that be an issue?

    Thanks.
    it's not 5 years with a G. It's five years in total, since G1

  3. #3
    VifferFun's Avatar
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    Re: State Farm - Question about 5 yr experience req'd

    I'm an Actuarial Analyst for a Major Canadian Insurance Company. I analyse claims patterns to determine overall rate changes, as well as relative premium differences by various risk characteristics (eg. age, experience, claims, convictions, usage, etc.)

    Unless it's private, please post insurance-related questions in the forum rather than sending me a PM.

    Current: 2001 Suzuki GSXR1000 (4th Season)
    Previous: 1996 Honda VFR750F (4 Seasons)
    Previous: 1998 Kawasaki Ninja EX250 (3 Seasons)

  4. #4

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    Re: State Farm - Question about 5 yr experience req'd

    This post explains it.

    http://www.gtamotorcycle.com/vbforum/showthread.php?t=109685


    What it doesnt explain is what Viffer has explained before, Its not since your G1 technically. It depends how long you have held onto your G1 and G2.

    You can also msg a Statefarm agent in the Insurance Specilist link:

    http://www.gtamotorcycle.com/vbforum...splay.php?f=48

    Any one of them can help you with your questions.

    Hope this helps.
    Hytham Bayoumi
    Client Executive
    Cornerstone Insurance Brokers Ltd.

    Direct: 416-908-1865
    hbayoumi@pottruffsmith.com

  5. #5

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    Re: State Farm - Question about 5 yr experience req'd

    Thanks guys. I read those links a month ago. I knew I was right.

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