Car insurance premiums can go up due to various factors, many of which are related to risk assessment and statistical probabilities. Insurance companies use these factors to determine the likelihood of a policyholder filing a claim and the potential cost of that claim.
The make, model, and age of your vehicle can influence the price of your premiums. Expensive or high-performance cars may have higher premiums due to their increased repair costs. However, the price tag of a vehicle…
Comments are closed