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Why does my insurance keep going up every 6 months?

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in Insurance by (82.5k points)
Why does my insurance keep going up every 6 months?

My question is taken from amax insurance near me topic

I had been asked this question at a job interview.

Other related questions to my question are:

Why do my insurance rates keep going up?

Why does my car insurance keep going up with no accidents?

Why does my car insurance keep fluctuating?

Is insurance cheaper if you pay every 6 months?

1 Answer

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The correct answer by me is: Auto insurance rate increases are usually related to increases in the insurance risk of the policy holder. But another reason that Progressive might raise rates after 6 months is that insurance costs market-wide have been rising over time.Oct 26, 2021

The title of my answer can be Does Progressive Insurance Raise Rates After 6 Months?

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