Why did my insurance premiums increase?

Insurance FAQ

Insurance premium increases happen for a number of reasons - from an across-the-board increase to accidents or claims.

Increases to your insurance premiums are going to happen. But, it's important to understand why and how to address it.

If you have insurance of any type - whether it be to cover your home, or your car, or your health - you will likely see prices increase at renewal. The reasons - and the amount, can vary greatly from one individual to another.


Sometimes, your insurance premiums will increase because the insurer along with the state insurance board decide to change a rate plan. Or, it could be because of your driving record, claims made or even your credit score.

Insurance premium increases happen for a number of reasons - from an across-the-board increase to accidents or claims.

Increases to your insurance premiums are going to happen. But, it's important to understand why and how to address it.

If you have insurance of any type - whether it be to cover your home, or your car, or your health - you will likely see prices increase at renewal. The reasons - and the amount, can vary greatly from one individual to another.


Sometimes, your insurance premiums will increase because the insurer along with the state insurance board decide to change a rate plan. Or, it could be because of your driving record, claims made or even your credit score.
The bottom line is that insurance premiums just tend to go up. But, that doesn't mean you are stuck. One of the many benefits of being an Altasurance client is that we are an independent insurance agency. And, that means we give you unbiased guidance as to whether your current insurance coverage is the best bang for your buck.


Related FAQ’s

What is Altasurance?

What is an independent insurance agency?

Why did the name change from Red Rock Insurance Group to Altasurance?

How do I file an insurance claim?

What is Altasurance?

What is an independent insurance agency?

Why did the name change from Red Rock Insurance Group to Altasurance?

How do I file an insurance claim?