Is car insurance going up?

[B_Marius567]

Is car insurance going up? I was paying 185.00 for 6 month now i pay 200.00 for 6 months

 

[ridgwaystud]

Everything is going up. As an insurance agent though, most companies are seeing rate increases due to the the large amount of losses that are being paid out. With homeowners, nationally, losses are up 30 percent more than the last ten years.

You're not alone though.

 

[hung15us]

Every time you get into an accident and take it to a body shop for repairs and they screw the ins. co. yours and my rates go up. i have delt with ins. co. and body shop for 20 years and the body shops are screwing you and the ins. co.

 

[midlifebear]

In a word, yes.

 

[nudeyorker]

I've had the same insurance carrier for home and auto for decades and never filed a claim... ever. They were going to raise my premium and I threatened to walk. They lowered my premium and my deductible; If you have leverage call your agent. I'm glad I did instead of just writing the check without calling them on it.

 

[borntobeking]

Is car insurance going up? I was paying 185.00 for 6 month now i pay 200.00 for 6 months

Wow, that's pretty low compared to Philly. I pay close to $900 for 6 months. Like ridgwaystud I am an insurance agent as well. I've been in the industry for 15 years. He is right. More losses overall = higher premiums even if you yourself have not had any claims.

 

[SpeedoMike]

mine has held steady for a while. my car is 13 years old but is low mileage (only 79,000 miles) and not used for commuting. this for the San Francisco Bay Area.

 

[Pierced1953]

like said, everything is going up. every company/business is in a race to be the trillionaire, no more billionaires.