Rate Increase

Insurance Rates Going Up

In case you haven’t noticed, just about everyone’s auto insurance rates have gone up in the last year.  This is due to inflation, higher prices, and other factors.  (See Why Is My Car Insurance So High in 2025? – Forbes Advisor, Arizona homeowners see 50%-100% increase in insurance rates, Arizona car insurance costs to rise this much before end of 2024, The Price of Your Homeowner’s Insurance Is Only Going Up – WSJ)  Many have seen substantial rate increases in the past year.

What can you do about it?  Shop around … maybe.  Sometimes you will pay more by switching.  Do not cancel your existing car insurance before binding the new policy.  That may cause you to pay more due to the cancellation.  Factors such as driving and claims record, where you live, credit score, age, type of car, and many others are all factors the insurance carrier may consider.  Consider carefully your types of coverages and we always recommend that you have UM/UIM coverage.

Also, an insurance carrier in AZ can not increase your rates for a UM/UIM or other no fault claim.  In Arizona, an insurance carrier can not raise your rates for a collision that is not your fault.

A.R.S. § 20-263 Provides that:

“No insurer shall increase the motor vehicle premium of an insured as a result of an accident not caused or significantly contributed to by the actions of the insured.”  (See A.R.S. § 20-263 https://www.azleg.gov/ars/20/00263.htm )

If you have insurance questions, I am happy to help.  If you have been injured in a car crash, call an injury lawyer right away.  Calling soon after the collision could make a big difference.  I have recovered millions for people injured in car accidents and I work entirely on contingency fee to get you the most money when you are injured in a car crash.  Don’t wait!  Call today.