You Should Always Review All Your Options CAN CAR INSURANCE COMPANIES INCREASE THEIR RENEWAL RATES? Have you noticed anything different when renewing your car insurance policy? We recently heard from various people about significant increases in their car insurance policy when it was time for renewal. Are these auto insurance companies allowed to do this? Well, when reaching out to your insurance company, you may be told the rate increase is either due to inflation or the increased number of claims in Georgia. While excuses like these are unfortunately valid, you should remember that under O.C.G.A. Sec. 33-9-40, these companies cannot raise your rates if you make a not-at-fault claim , including for your uninsured motorist coverage. If they say this is the reason for the increase or you suspect it is the case, contact our team. However, whatever other explanation they come up with will often be altogether legal but just entirely frustrating. Auto insurance companies assume you’re there to stay once you’ve signed despite the rate increases. Yet, if you have a clean driving record, you may likely find that you can save a hefty sum of money by switching car insurance companies every few years! So, take your time and shop around. It’s astonishing to see vast price differences between companies for the same coverage. When you spend time doing your research on who has the best deal, you’ll save a fortune in the long run.
While “inflation” may be a just explanation for increasing insurance rates during renewals, these companies have ways to take advantage of you illegally. If you feel your insurance company unfairly increased your rate, call (404) 566‑5880 , and we’ll help you tackle the issue. We’ll be your voice to stand up and seek the justice you deserve.
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