Are they hell. Has anyone, ever, known their insurance premium to go down? It’s a racket. If they 20 limits are cutting costs, that cost is being turned into further profit, not savings for the customer
this post was submitted on 18 Jan 2025
39 points (93.3% liked)
World News
34527 readers
1075 users here now
News from around the world!
Rules:
-
Please only post links to actual news sources, no tabloid sites, etc
-
No NSFW content
-
No hate speech, bigotry, propaganda, etc
founded 5 years ago
MODERATORS
Of course not, at least not here in the states. My premium went up $60/year and their reasoning was that due to an increased number of accidents and claims across the board, everyone's goes up, despite the fact the I haven't had an accident or even a claim in almost 20 years.
Mine has actually gone down a couple of times with two different car insurance companies. Though my insurance has never been on the hook for a claim from me either.
Yeah, ours went down this year too. Which was nice.
I’m in my 40s, work a low-risk job, live in a low-risk area, have 12+ years no claims, a clean license. Ignoring the points at which everyone’s insurance gets cheaper as they age, my premiums has gone up constantly. Coincidentally, so have insurance underwriter’s profits. I definitely could have got cheaper insurance if I’d have compromised on cover, or gone with a worse-rated provider, but that’s not my point. The base cost of insurance is set by the underwriters, and that has increased year on year for just about everyone
But what if I only have one hour to live and my family is 25 miles away? -s
But a helicopter and hire a pilot.
If you not Musk. A circus cannon.
But you really should not be driving on that health state.
Cool but why are country roads still 60?!