There are a variety of reasons rates can increase.
If a rate increase occurs at a state-wide level, it can be due to factors such as:
An overall rise in the frequency and severity of claims;
Increased costs to repair or replace vehicles, homes, and personal property (including labor costs);
Legal expenses from more frequent lawsuits;
Rising medical costs.
Some other common reasons for individual premium increases are:
The addition of a driver;
Changes in the number or type of covered vehicles;
Changes in coverage, deductible or limits;
The garaging location of a covered vehicle changes;
Information about the risk which differs from that on your application for insurance;
Loss of a discount;
At fault accident caused by a permissive operator;
A ticket or accident is charged against your driving record.
For a complete policy review, please select Agent to be connected to the next available Chat agent for assistance.