Why do insurance premiums increase even when you have not made a claim?

Question

847 viewsJuly 30, 2023

1

LuckScout Member July 26, 2023 0 Comments

A pertinent question. I know it has something to do with inflation but, really? Is it a rip off?

score 1 · Answer 1 · 2023-07-26T14:36:22+00:00

I would say that’s its mostly inflation and maybe a little for profit growth. That’s all i got my Friend!!