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Home > Blog > Top Reasons Why Your Car Insurance Rates are Going Up
WEDNESDAY, AUGUST 1, 2018

Top Reasons Why Your Car Insurance Rates are Going Up

Why are My Car Insurance Rates Going Up?

Solo Insurance® breaks down the top reasons why your car insurance goes up even though you haven't had an accident and are a good driver. Here's a hint. It might not have anything to do with you.

 

Top Reasons Your Car Insurance Rates Go Up

  • Higher loss trends and accidents involving undisclosed drivers are the main contributors.
  • People are driving more miles. This leads to more accidents and is reflected in increased claims severity and frequency.
  • Distracted driving is on the rise causing an increase in auto accidents, including fatalities. (The National Safety Council estimates that one in four crashes involved cell phone use.)
  • Cars are more expensive to buy, repair and replace.
  • If losses/claims/tickets have gone on your record (remember some carriers count roadside claims).
  • Medical costs are growing exponentially, affecting the amount paid on claims.
  • More people driving uninsured means less people being responsible and legal.  Companies must pay out more than their share to cover their insureds involved in accidents with the uninsured.  

Solo Insurance® where great rates and service meet.  We shop the rates for you upfront and at renewals, always making sure you are with our best rate for your insurance needs.  If you'd like us to help you find your best rates, request a free quote online or call us at 1-800-207-7656.

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Solo Insurance®  800-207-7656  Get a Quote: https://www.soloinsurance.net/

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Posted 5:00 PM

Tags: car insurance rates, car insurance, car insurance quote, auto insurance, sr22, sr-22, roadside assistance
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