Why Auto Insurance is Rising.
Why Auto Insurance is Rising:
With the economy growing and gas prices staying low, there are more cars on the road then ever before. The increase in vehicles on the road and the use of smart phones in the car has lead to more Auto Accidents. Another factor is the rising costs to repair vehicles. Bumper aren’t just bumpers anymore, they have sensors and electronics installed in them as safety equipment. Cars are becoming more and more sophisticated and the repair costs are rising causing Insurance Claims to Rise. We are seeing anywhere from 2%-20% Rate Increases depending on your Age, Credit, How you use your vehicle, Where you Live and Driving Record.
What can you do:
- Raise your Deductibles
- Check with your Insurance Agent to Make Sure you are getting all the discounts you qualify for
- Try combining your Auto & Home Insurance with the same Insurance Company
- Ask your Agent to Shop your Insurance
Please let us know if you have any questions or would like us to shop your insurance.
Or you can go to this link at our website and rate your own Auto Insurance https://nwclassic.ibqagents.com/auto/