I started asking around at work to see if anyone else car insurance rates seem to be going up. A few of my coworkers thought that theirs had gone down and a few thought that theirs had stayed exactly the same. I do not understand how the car insurance companies work then. If you have not had any accidents, or tickets then how can they raise their rates?

My boss told me that the car insurance companies can raise their rates if they feel like it and then all of the other insurance companies can follow suit or just stay the same if they want. I am thinking then that my company has started to raise their car insurance rates and everyone else’s has decided to stay or lower. This means that I am going to have to start looking for a new company.

Since there are so many car insurance companies out there these days, you would think that most of them would try and keep your business by lowering, if not keeping your rates the same. I guess that they just do not care enough about their business to maintain their existing customers. That is okay with me; I will just shop around till I find a lower rate and then cancel my old policy.