Quote:
Originally Posted by Wizard1183
Then why does insurance premiums keep going up if we're all pitching in?
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Values of cars keeps going up.
I remember buying a brand new Camaro at Chevy back in 1985... all decked out, every option... and I paid something like 6 or 8 grand out the door (I don't recall exact). Today, the equivalent of that car would be over 40 grand. Rates increase as do the cost of replacements and repairs.