Why car insurance rates are so high: ou’re paying a lot more for car insurance than you were in 2020. Here’s why.

Vox ^ | 03/22/2024 | Marin Cogan

[Alberta's Child]

I work professionally in a field where traffic safety is a big focus of our work.

The biggest shortcoming of this article is that it doesn’t even mention the factor that might be the biggest contributor to rising auto insurance rates other than escalating auto repair/replacement costs: the widespread legalization of marijuana and other narcotics.

[grey_whiskers]

Throw up a cloud of squid ink to cover illegal aliens.

Then ignore that more people are driving $100,000 trucks.

Then ignore cars are far more complex. Computer chips and sensors everywhere, so even a minor collision can cost nearly $10k.

Then add in the high cost of both new and used cars, so if a car is totaled, it costs the insurance company more to replace it.

[frnewsjunkie]

I have Nationwide and have for years. One reason I am staying with them.. we had a hurricane came through here a few years ago.. rare to get one that causes damages..
we bought this house new and the roof was builders grade. the hurricane did a little damage to the roof. Insurance replaced the roof with a good brand and also put in a new gate ..the one I held and propped to keep the whole fence from coming down.
My cost for an $8000 new roof and gate ...$1000. I’m balancing it all in my brain as a good deal.. so far..

[P.O.E.]

Decades ago, one of our fellow workers always took fancy vacations, had lots of expensive jewelry, etc. And was otherwise as poor as the rest of us.

We found out she was an expert at causing other cars to rear-end her (when she pulled the trick on someone we knew). She’d settle for a few grand and off she’d go on a two-week cruise to the islands.

[God luvs America]

Nope...

1- the insured are paying for those who are uninsured which is rampant in blue cities

2- illegals have driven up the cost of auto insurance. many of them are unable to purchase or register cars so they do so with a friend, usually in another state that is able to insure and register cars. Here in NY there are huge numbers of cars with Connecticut plates that are parked on the streets, in driveways, etc.

3- theft of cars and the cutting out of catalytic converters is another huge problem- in blue states. Nothing happens to the thugs that do it and the insurance companies pay

4- and the obvious- insurance companies are leaving certain states, mostly blue states, because they are sick and tired of paying out millions while nothing is done to curb crime which causes claims. Like people in Florida have a tough time getting home insurance, blues states are seeing the same with auto insurance

[Old Yeller]

According to the Allstate commercial, crackas are the only ones driving crazy. The black dude is driving real careful so he can get the safe driver discount. He’s so smart and responsible.

[Old Yeller]

That might explain why there are so many cars on the road in Kansas with expired tags. Other than it costs more to register a vehicle in Kansas than any other state, you need to show proof of insurance. These people can’t afford the insurance, therefore no registering.

[grame]

Ours has gone up three months in a row. 11-20 bucks each time. I should say Had gone up. Hubs did some checking and found a new policy at half the price. Now we’re waiting to see what they do to our homeowners. We’ve been with the same company more than 30 years. But does having the same company for car and home make that much difference?

[KC Burke]

You forgot to account for chronic gum disease.

[Recompennation]

It’s ...... tha,
“You’re covered Kevin” as the co mercial ad said.
Another desert gift fallout
providsionering accomodationeerig by the ensurence companies, socialism.

[bert]

With the lowest cost pickup truck listed for $53,000 insurance has to go up. Reports are that even strip down no frills fleet pickup list for $43,000

The reasons put forward may be the cause of insurance rate escalation but the desire for vehicles to come with tons of bells and whistles is the reality.

[grobdriver]

So in an article about rising insurance costs, they just have to work this irrelevancy in:

one that leaves Black drivers susceptible to racial biases

[yldstrk]

I am a veteran and have always been able to beat USAA’s rates with State Farm.

[tomkat]

Wetback Invaders

[nicollo]

“Since Covid, we saw this incredible increase in distracted driving,” says Ryan McMahon, senior vice president of strategy for Cambridge Mobile Telematics. “You could almost track it by the day schools started to shut down.”

Key word "almost."

Auto accidents and fatalities have been rising since 2014 as a result of coordinated leftist and governmental attacks against law and order, amplified after St. George's martyrdom in 2020, which Mr. McMahon from the quotation above, deliberately avoids.

Under Biden, NHTSA has quit general reporting of traffic fatalities by race, although the granular data is still there. See for example, Early Estimate of Motor Vehicle Traffic Fatalities For the First Half (January–June) of 2023, which has nothing on race, although black auto deaths were up significantly from the prior year. From what I have reviewed, from 2020 black traffic fatalities were up 50% over 2015 totals compared with an increase of 11% for whites and 11% overall. 2020 fatalities were up from 2019 by 23% for blacks and 3.7% for whites. It wasn't the shutdown.

Anecdotally, I distinctly recall a conversation with an insurance rep in March of 2020, when I called in to report that my wife's car was no longer being used for commuting. I asked the agent if she was enjoying a slow-down in business, and she laughed at me, saying, "It's never been busier: people are driving crazy."

The shutdown certainly impacted driver behavior, but the underlying cause of your higher insurance premiums is anti-police hysteria and victim privilege mentality.

[butlerweave]

Why do you think Elon Musk blasted his used EV into space because it was worthless and it was the only way to get rid of it ,LOL

[dfwgator]

All part of the plan to make personal transportation unaffordable.

[dfwgator]

All that was missing was blaming it on Climate Change.

[SMARTY]

THAT’S the deal breaker!

[mewzilla]

Not all of us are driving dangerously.

But we’re being made to pay for those who do...