Why are my Car Insurance Rates Going Up?
Posted: May 24, 2024
Lots of reasons are leading to the rise in car insurance rates and the increase is a bit of a delayed reaction but it's hitting harder now. In short, it's a combination of the rise in car prices, labor costs, labor shortages, length of time to repair a car, and rising lawsuits. The article below goes into more detail and puts auto insurance in a...
Home Insurance Rate Increase
Posted: May 23, 2024
Many of you are seeing your home insurance rate increase and asking why. There are many reasons why and this article touches on one such reason which is the huge rise on claim payouts as a result of weather related damages. Rising construction and labor costs continue to feed into this problem along with the number of storms and the severity of storms. Click the...
Erie Insurance Your Turn Rewards
Posted: February 19, 2024
By monitoring your driving, Erie Insurance provides rewards every two weeks up to $10 for youthful drivers age 16-23 and $5 for adults. Rewards can be used to obtain gift cards or donations to charity. Unlike other companies, Erie Insurance does not penalize you for bad driving and your rate is not impacted at renewal. They simply want to reward you for good behavior and,...
Stop the Madness of Insurance Rates Going Up
Posted: January 26, 2024
Can you stop it? Well, you can't stop prices from increasing due to many of the reasons out of your control but there are some things you can do to help. Be ethical. Help your friends be ethical. Don't pretend to be injured when you are not...like you probably didn't get a cold from a car accident. It's just not going to work and the...
What is driving up the costs in the Insurance Industry?
Posted: January 26, 2024
Part of what is driving up the cost is the increased cost of claims. The cost of parts and construction materials has increased. The cost of labor has gone up. If companies are paying staff more, that is passed on to us consumers. Parts are also on backorder and the length of time to repair cars or homes is taking longer. Companies are having trouble...
