It basically comes down to three things. Rates, Losses, and Discounts. Generally speaking if you file a claim your insurance premium will go up. Insurance premium rates are determined by the company executives based on the need. They can make your premiums go up or down. If the state has experienced a large catastrophic event like a hurricane or storm the company may have lost alot of money by paying out claims and would need to recover some of its losses by increasing premiums. However, the change in premiums must be approved by the state department of insurance to make sure they are reasonable. Discounts can be added to your policy based on many things, "Claims Free", "Profession", "Longevity", etc, they will lower your rates.
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∙ 14y agono, the insurance will not go up but will go down and because i am an insurance agent, i had this kind of problem and i had to pay less
A hot air balloon goes up when the air inside the balloon is heated, causing it to become less dense than the surrounding air. This creates lift. To descend, the air inside the balloon is allowed to cool, increasing its density, which causes the balloon to lower.
Yes, your insurance will go up when you have a teen or new driver. The insurance will go down as they drive with no accidents.
centrifugal force
The Earth rotates on its axis, causing the sun to appear to rise and set in the sky. This daily motion creates day and night as different parts of the Earth are illuminated by the sun.
How can insurance go up if you don't have it? You have to have it first for it to go up.
the elevator is what makes the the aircraft go up or down.
== == Why do you assume you will GET insurance, after a DUI? The insurance industry is cracking down on those who drink and drive, by refusing to insure such drivers.
it makes it go up then down then up then down... like a rollercoaster! :D
By using the scroller on your mouse. Scrolling up makes the selector in your hotbar go up, and scrolling down makes it go left.
In general, your insurance will probably go up or down more depending on factors which have changed since the last time you bought insurance. A good driving record, for example, would mean that the rates would actually go down.
Well, if I didn't just go down to the local Michigan Secretary of State and check for myself I'd say no way. I was wrong. Yes, your insurance can, and probably will go up. Even if you were arrested on the sidewalk walking.