There are many reasons your premium might increase. The most common are:
- Recent claim filed
- Traffic Violation
- Insurance/credit score may have dropped
- Carrier rate increase throughout the state due to the rising cost of repairing cars and homes
There are many ways to combat rate increases, including altering deductibles and signing up for the plug-in driving programs. If your rate went up less than $200 then you likely still have the best policy, but if you continue to see small increases over 3 years or so then it might be time to check if you’re still getting the best rate.
If you are facing increases, it may be time to reevaluate your policy. Give us a call so we can find the best policy that fits your needs, even if it’s with a different carrier!