What is my insurance companies problem?

[Anonymous]

3 years ago my insurance was $250, then they bumped it up to $320, said to do defensive driving to lower it, they lower it, for like 3 weeks, find a way to raise it again. Now they raised it again, to $430. For f****** what? I mostly drive to work, my car is from 2007, my record is clean.

[Anonymous]

Well your insurance is up because insurance claims are up. Everytime someone claims for a scratch on their paint work insurance companies add it to the cost of next years insurance.

[Anonymous]

Ask them why your insurance went up. Under the law in most states they have to tell you and provide an explanation for the increase.

[Asker]

They just say it's a renewal and shot up across the board.

[Opinion Owner]

That could be true. If you suspect they’re discriminating against you personally, you can contact your state insurance department. Or you can just try and find another insurance company.

[DryGermanGuy]

That makes no sense to me. In Europe, every year without claim lowers your premium percentage. After 20 years or so you are down to 25% of the original premium.

[AI Opinion]

Insurance rates can be influenced by various factors beyond your control. Industry-wide cost increases, area-specific claims, or changes in insurance regulations may contribute. Regularly review your policy and compare rates with other providers. Consider discussing your concerns with your current insurer for potential discounts or bundling options. Persistence can sometimes yield better results or insight into market conditions affecting your policy.