Insurance - Increase Every Year About $100
Is it reasonable to expect a $100 increase in insurance every year? That is normal for us. Last year it went down about $100 because we researched and devalued our 2009 coach so we saved $100. But pr...
Forum Discussion
DFord wrote:
The "insurance" is that the CEO will always receive an ever increasing bonus every year. The subscriber pays and pays.
Possibly, but the cost of repairs isn't static either. Mechanics also increase costs annually. Geography, natural disasters, age, age of the vehicle, etc etc. Hundreds of factors go into premiums. I've also noticed that if a particular company may have more claims in natural disasters, that company raises premiums across the board to offset losses in net income. Everyone pays, whether you filed a claim or not.
But as others said, shop around.
The good news is that for home and vehicle insurance, a competitive market will usually yield several companies with affordable rates.
Another thread perhaps but, I wish the health care insurance market would follow suit. As it stands we are left with the same handful of health insurance companies that have a monopoly and charge disgusting premiums. Politicians are lining their wallets with your money catering to big pharma and the health care industry.
