Why Does Car Insurance Go Up

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Why does car insurance go up – The reason that auto premiums keep going up regardless of the age of the car requires an understanding of how insurance works. A general underwriting rate increase this is the most obvious reason for your insurance to go up.

Some violations are worse than others.

Why does car insurance go up – Traffic violations are a common reason for auto insurance rates to go up. For the most part these have to do with your history either as a driver or with the carrier according to the insurance. How does car insurance work. Why does car insurance go up

A number of factors can cause your car insurance premium to go up. Violations are usually classified into two categories minor violations which are basically a failure to follow simple driving regulations and major violations which are more serious offenses. Insurance by its very nature spreads risk around a large group of people. Why does car insurance go up

If an insurance company experiences overall losses that exceeded their expectations or if they have not reviewed their rates in a few years sometimes they will increase their rates across the board to remain profitable. Minor traffic violations failure to yield. Why does car insurance go up

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