Does Car Insurance Go Up Every Year?
- 7647 POINTSview profileMark Bartlett CLCSBranch Owner, TWFG Insurance Services, Fremont California and the Greater Bay Area Representing Dozens of Insurance CarriersWell sometimes it seems that way but no, auto insurance does not go up every year. If an insurance provider has a rate change this change would effect everyone in that state. These adjustments occur occasionally to keep the insurance company profitable so they can pay out claims. Other then that things that effect your rates are driving record, location, types of vehicles, age, marital status, sometimes occupation and education and even credit. Always discuss with your agent when you can do to keep your rates affordable while maintaining the proper coverage's.Answered on December 27, 2013flag this answer
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