4 Reasons Why Your Car Insurance is Too Damn High!

Why Is My Car Insurance So High

We all know car insurance is expensive, but why? If you’ve ever wondered this, or if you think you might be paying too much for your car insurance, this post will give you 4 reasons why your car insurance is too damn high.

The first reason could be that the coverage on your auto policy is insufficient. Second, it could be that there are hidden fees that are tacked onto your monthly premium. The third reason could be that your driving record is less than perfect. And finally, it could just be that you live in a location with high car insurance rates. Now let’s dive deeper into what these factors mean for you and how to decrease the amount of money you pay for auto insurance each month.

The Four Reasons Why Your Car Insurance Is Too Damn High

Reason 1: Insufficient Coverage

The first reason your car insurance premium might be too high is because you don’t have enough coverage on your policy.

For example, if you live in a state with no fault auto insurance laws, there’s a chance you only have the bare minimum of liability limits. The problem with this is that if another driver causes an accident and totals your car, you’ll be left without compensation to make up for the collision.

The solution? Talk to your carrier about more comprehensive coverages like comprehensive or collision coverage to see what they can offer you. Reason 2: Hidden Fees

Hidden fees are also the reason why your car insurance may be too damn high. These hidden fees are extra costs tacked onto your monthly premium that may not be obvious without some investigating.

One type of hidden fee is called a “personal injury protection” (PIP) charge, which is basically an amount of money per month that covers medical bills for you or passengers in your car if they’re injured during an accident.

Another type of hidden fee is called a “loss of use” fee, which is the cost paid by the customer for using their vehicle while it’s being repaired following an accident. Other examples

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Insufficient Coverage

Insufficient coverage is the first reason your car insurance is too high. If you don’t have enough coverage, your rates will be higher than they would be if you had the right amount of coverage.

For example, if someone has $20,000 worth of coverage on their auto policy and gets into an accident that costs $8,000 to repair, their insurance company would only pay out $20,000. This leaves the customer responsible for paying the remaining balance of $8,000.

With insufficient coverage, it’s always possible for you to make up the shortage with additional payments every month or by taking out a personal loan. But doing so will result in higher monthly premiums and more interest charges on any borrowed funds.

If you want to avoid this option altogether, then getting sufficient coverage is essential.

Hidden Fees

Insurance agents are notorious for adding hidden fees to your car insurance policy. These hidden fees can include items like driver’s education, credit life, and credit disability.

If you’ve noticed the price of your monthly premium steadily increasing but don’t know why, you might want to take a closer look at what you’ve been paying for.

Hidden fees on your auto policy can add up—weighing heavily on your budget and wallet.

But don’t worry! If you shop around and find an agent that doesn’t charge these types of fees or offers discounts for not having them, then you’re in luck.

Here’s how it works: Let’s say you’re quoted $300 per month for car insurance with a $500 deductible and hidden fees of $60 per month. If instead of having the hidden fee covered, the fee is waived; you’ll be paying only $260 per month for the same type of coverage. You’ll be saving $60 each month by not having any hidden fees included in your auto insurance policy.

Driving Record

Your driving record is a huge factor in determining how much you’ll pay for car insurance.

If your driving record is clean, you should see your rates decrease, but if it’s not, there’s no guarantee that your rates will decrease. You may have to go through an additional screening process to determine the rate at which you are charged for auto insurance.


Where you live is a major factor in how much you pay for car insurance. If you live in an area with high rates, it’s important to shop around for the lowest prices.

If you have a perfect driving record and adequate coverage, your premiums will be lower than someone who has a spotty record and low coverage.

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