💡 Friday Insurance Tip from Evertrust Insurance Agency!
You haven’t had an accident. You haven’t filed a claim. So why did your car insurance go up again? Here are five common culprits — and what you can actually do about them.
1️⃣ Inflation & Rising Repair Costs
When parts and labor cost more, insurers pay more per claim across the board — and they pass that cost on through higher premiums industry-wide.
2️⃣ Your Zip Code Changed (Or Got Riskier)
More accidents, thefts, or weather events in your area? Your insurer adjusts rates to reflect local risk trends — even if you personally had nothing to do with them.
3️⃣ Your Credit Score Dipped
In most states, including Tennessee, insurers use a credit-based insurance score as a rating factor. A lower score can mean a higher premium.
4️⃣ Your Car Got Older (But Not Cheaper to Fix)
Older vehicles can sometimes be more expensive to repair due to limited parts availability, which can affect your comprehensive and collision rates.
5️⃣ Your Insurance Company Had a Bad Year
If your carrier paid out more in claims than expected, they may raise rates across their entire book of business — including yours.
✅ What Can You Do?
The smartest move is to shop your policy at every renewal. An independent agent like Evertrust compares multiple carriers to find you the best rate for your specific situation.
📞 Call Evertrust Insurance Agency at (615) 719-3049
🌐 Visit us at https://evertrusttn.com
📍 Proudly serving Nashville, Tennessee and surrounding areas.
Disclaimer: Insurance pricing factors vary by carrier and individual circumstances. This content is intended for general educational purposes only. Consult a licensed insurance professional for advice tailored to your specific needs.
Photo by Sarah Brown on Unsplash