How do insurance companies raise rates?

Answer Contrary to prevailing thought, insurance companies cannot raise their rates on a whim. For individual policyholders, rates can increase if a claim has been submitted, but across-the-board rate inc... Read More »

Top Q&A For: How do insurance companies raise rates

When can a health insurance company raise their rates?

Will a salvaged title raise insurance rates?

Answer yes, to some degree. Any car with a salvage title, (in my opinion as a Broker) should NOT be on the road! Sorry to be so blunt.

Does it matter how many life insurance companies you get rates from?

On One Hand: Familiar Companies Are GoodIf you have an insurance company you already do business with, or know of one you already trust, then peace of mind may be more important to you than the pri... Read More »

Will a'95 Impala SS raise or lower my auto insurance rates?

On One Hand: Depends on How Much your Current Car is WorthThe 2010 Kelly Blue Book value for a 1995 Chevrolet Impala is approximately $9,000. Insurance costs are based primarily on vehicle value. I... Read More »