While car prices dip lower and gradually come back down to pre-pandemic levels, more Americans are still feeling the financial pinch from car ownership — because of insurance.
Last few years we were paying ~ 2k a year for home and auto with two cars. We’re both in the 40-50 age range with perfectly clean driving records.
Last year it jumped to 3600 (we use a broker) and we shopped around and it was still the cheapest plan. Our agent said it’s because all the COVID relief/incentives expired. Funny how that never came up in conversation or was ever reflected in a bill.
My rates jumped quite a bit too and I’m 36 years old. Two vehicles and a house. Zero tickets and accidents on top of that.
Last few years we were paying ~ 2k a year for home and auto with two cars. We’re both in the 40-50 age range with perfectly clean driving records.
Last year it jumped to 3600 (we use a broker) and we shopped around and it was still the cheapest plan. Our agent said it’s because all the COVID relief/incentives expired. Funny how that never came up in conversation or was ever reflected in a bill.