If you have been a careful and safe driver your auto insurance may go up again. It is not your fault that you have been involved in an accident. The insurance companies just want to make a profit. The high cost of repairing damage done to vehicles is driving the increase in auto insurance rates. Now more than ever, people are deciding that it is better to keep their cars for longer periods of time on the road instead of paying the premiums every three months.
The new high-tech cars that are coming out each year mean more expensive materials for cars and more expensive repairs. The cost of health care is constantly on the rise, so insurance companies have been maxing out on coverage limits to pay for the rising costs of health care. Many people find that when they get sick with an illness or injury that their monthly premiums are not big enough to pay for the medical bills.
If your auto insurance goes up again you may be wondering why. There are some reasons but there are other more important reasons to ask the question, “why did my auto insurance go up?” The answers to your question may help you figure out what is causing your insurance to go up.
Sometimes an insurance company will raise their rates because you have a large history of speeding tickets or even some other traffic violation. The insurer is trying to recoup the cost of the increased cost of your auto insurance by adding these tickets into their monthly rate.
Another cause that can be blamed for the reason that your insurance is going up could be a hit and run accident that occurred while you were behind the wheel of your car. Often times, a driver is injured in an accident at a red light and then when they go to make a left hand turn at the next red light and come to a stop, they realize that the other vehicle did not stop either.
In these cases, the driver who caused the car accident gets a ticket for driving while under the influence and they are found to be driving under the influence. When this happens, they may not be able to get insurance anymore. If you have multiple tickets in a short period of time, your insurance rates may go up. You may be able to get insurance at a lower price when your insurance company finds out that you are driving under the influence of another driver.
Maybe your insurance company raised their rates due to you taking a DUI test. If you are convicted of a DUI, you may have to pass a battery test or take a defensive driving course in order to renew your insurance. If you had to take one of these courses, your auto insurance might raise because they know you will not drive again.
If you have several speeding tickets, have too many accidents on your driving record, or have been involved in a car accident or collision, you may have to pay higher auto insurance rates. Many times this is because you were not properly insured at the time of the accident. If you did not have enough coverage, you will need to make sure you get all of your insurance policies in order and have them in force when you are driving again.
Sometimes there can be a combination of reasons as to why your auto insurance is increasing. If you have several different vehicles and they all have different drivers on them, they may be more likely to have accidents than vehicles with one person driving them. Insurance companies may raise their auto insurance rates if they feel the risk of your accident goes up as a result of using different drivers to drive your vehicle.
Sometimes when you buy a new car, you get a brand new security system installed on the vehicle. If you drive with the car without it locked up, you may be a higher risk to the insurance company as a result. If you lock your car in your garage when you leave the home and forget to return it to the garage when you return it home, you are a higher risk to the insurance company.
Why did my auto insurance go up? It could be anything, but there are several things that may be a contributing factor. If you have questions about why your insurance has gone up, talk to your current insurer about your situation. They can help you find the answers to any questions you have so that you can be protected against any increases.