It had to happen. The insurance industry often known for its incredibly high profit margin and ability to make above average returns on their investments (i.e. your policy premium) have within the last year gone through a massive down cycle created by the sub-prime mortgage meltdown. Read more »
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Just when you were getting used to automobile insurance premiums going lower for the last few years, they’ve started rising again.
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Q: Will my car insurance go up if I don’t report a minor accident?
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Why is it that auto insurance companies are happy to sell you a policy that you can’t afford and aren’t willing to pay you when you have an accident? This is so stupid. You sit through 3 rounds of interviews about your accident and in the end you get a completely informal “We’re sorry but we’re denying your claim based on insufficient evidence”…
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In over 15 years car insurance rates in the state of Nebraska have jumped well over 110%. Although this may seem gradual, the reality is rates aren’t slowing down any time soon.
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