So when are my insurance rates going to go down? It’s disgusting that insurance companies can raise their rates based on this myth.
They can raise rates based on: 1) Scientific data, or 2) Popular misconceptions, as long as the latter are widespread enough (politics, y’know?).
This suggests we may be in store for a hike in rates based on the dangers we face from UFOs. They’ve been in the news lately. Gotta be a reason. :-)
So when are my insurance rates going to go down?
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Don’t get your hopes too high. Insurance rates rise with the
cost of replacement. And that has been going up ever since
Columbus sailed the ocean blue in 1492.