Anamarie Waite, Car Insurance Writer
@anamarie.waite
Your progressive insurance premiums went up for one of several reasons, such as filing a claim or getting a moving violation. However, it’s possible that your premium went up for reasons outside of your control, such as crime and accident trends where you live.
Reasons Your Progressive Insurance Went Up
- Filed a claim
- Got a moving violation
- Increased coverage
- Added a new driver
- Switched cars
- Moved to a new part of town
- No longer qualify for certain discounts
- Lost points on your credit score
Your Progressive car insurance premium can even be affected by factors completely outside your control, like severe weather, economics, and crime and accident trends where you live. That’s because Progressive sets premiums based on how much they predict claims will cost, and increases rates when expenses are higher than expected. Many of the factors affecting your insurance premium are related to who you are and how you drive, but not all of them.
As medical costs rise, the cost of bodily injury claims goes up as well. When major storms hit, a sudden surge of claims are filed. These kinds of situations help to explain why Progressive may have to raise prices across the board, even for customers without recent changes. When the cost of providing coverage goes up, Progressive raises rates for everyone.
If your car insurance has gone up, you should definitely compare quotes from at least two or three other insurance companies to see if you could get a lower rate elsewhere.
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