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

Question

851 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 · 2023-07-28T00:28:03+00:00

I would state that it all boils down to greed.Especially when these insurance companies know the financial struggle of the consumers.