Why car insurance rates are rising

Arizona car insurance rates are expected to increase by 22% by the end of 2024, according to a report by Insurify.

[iii]

When vehicle insurance is MANDATED in all 50 states, the insurance companies can mandate PRICING how they see fit. Insurance companies need to be investigated under the RICO Act.

[Simplekindofman]

Insurance companies are the modern day mafia.

[myopinionwhileIcanstillhaveone]

It's called "record profits".

[louishaddon]

Just going to have more uninsured motorists affecting those that are insured what's new!

[humbertomacias]

Bundling can back fire too, i have my elderly father bundled in my insurance. My insurance went up almost 400 bucks a month because my dad was at fault in a small fender bender. Now I understand why he would get so upset when I would get a ticket. Had to give him a talking to 😅 reminded him he is on a fixed income so it doesn't affect him but definitely affects me big time.

[NubRusty]

Insurance companies are trying to recoup their losses from all of the hurricane damage in Texas and Florida

[Danthehandler.]

Awe fuck NO! Another one? This is some bullshit.

[felixtekat]

Another reason to advocate for better public transit. We should not be forced to own a car in order to live in Phoenix. Bus rapid transit, high speed rail, and dense, walkable communities is the remedy.