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My Car Insurance Went Up For No Reason

My Car Insurance Went Up For No Reason. Why has car insurance gone up? Why are rates going up now?

from venturebeat.com

For no apparent reason, my geico insurance just went up $20 (from about $64 to $84). This is an “across the board” increase that impacts all policies. It's car insurance for individuals like you.

You Rates Can Also Go Up If Your Insurance Company Finds Out You Got A Speeding Ticket Or Other Traffic Citation.


The insurer may also apply a price increase for a history of late payments. It's car insurance for individuals like you. Our research also shows a quarterly increase in the cost of car insurance.

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Addition of drivers is also considered. For no apparent reason, my geico insurance just went up $20 (from about $64 to $84). Car insurance companies cannot increase your rates for no reason, but you may see your car insurance rates go up for no reason that applies specifically to you.

But That’s Usually Not The Case, According To Money Expert Clark Howard.


Auto insurance is a requirement of vehicle ownership in most of the u.s., so it's something drivers need to account for in their household budgets. If you get notice of a premium increase from your insurer, it may seem like your insurance is going up for no reason. Ad by listening, youi could help you save.

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What factors affect car insurance? The history and record of your car insurance claims. Any history of criminal offences and traffic violations under your name.

Your Insurance Doesn’t Go Up For No Reason, The Most Common Reason For An Increase If None Of Your Personal Details Has Changed Is A Company Rate Increase.


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