Have You Noticed an Increase in Your Auto Insurance Rates?

Auto insurance rates seem to be going up everywhere, and if you’ve noticed an increase in your premium, you’re not alone.

Understanding why this happens can help you feel more in control of your coverage and your budget. At Pacelli Insurance, we specialize in auto insurance and are here to guide you through any questions or concerns.

Why Are Auto Insurance Rates Increasing?

Weather-Related Claims

Severe weather events—like hailstorms, floods, and hurricanes—have been happening more frequently. These events lead to more claims, which causes insurance companies to raise rates for everyone.

Age

As you age, your risk factors may change, and this can impact your rates. Insurers adjust rates based on their calculations of risk for different age groups.

Other Factors That Contribute to Higher Auto Insurance Rates

There are additional reasons why your auto insurance rate might increase:

1. • Accidents and Violations: A history of accidents or traffic violations can make your premium go up.
   • Higher Repair Costs: Cars are getting more expensive to repair, especially with advanced technology like sensors and cameras.
   • Uninsured Drivers: If many drivers in your area don’t have insurance, companies may raise rates to offset the risk.
   • Mileage: If you’re driving more miles than usual, your risk of being in an accident increases, which can raise your premium.
   • Credit Score: In some states, insurance companies consider your credit score when determining your rate.

Let Pacelli Insurance Help You

We know that rising auto insurance rates can be stressful, but you don’t have to face it alone. At Pacelli Insurance, we’re here to help you:

• Review your current policy
• Explore discounts and savings opportunities
• Make sure your coverage fits your needs

If you live in Saint Marys, PA, or the surrounding areas, reach out to us today. We’d love to walk you through your auto insurance options and help you get the best coverage at a fair price.