Why are insurance rates going up?
A number of pandemic-related trends are driving up auto insurance rates throughout the industry. Inflation has possibly had the biggest impact — as the cost of goods and services goes up, so too does the cost of protecting our customers on the road. Several factors affect your car insurance rate, including your age, location, driving record, vehicle usage, accidents, vehicle type, and more. Plus, the average rate varies from state to state, and each state has its own minimum car insurance requirements.
Accidents are increasing, leading to more claims
Changes in driving behavior are also impacting insurance rates. The number of car accidents has gone up, leading to more insurance claims. These higher claims volume, coupled with higher vehicle repair and replacement costs, is ultimately what’s driving insurance rates up throughout the industry.
Age
Age is a significant factor in determining your car insurance rate. On average, car insurance rates are higher when you’re younger and decrease (or stabilize) as you age. Rates decrease because younger drivers are generally more likely to have accidents or take risks on the road.
In fact, teens are almost three times more likely to be in a fatal crash than drivers 20 and older. This kind of risk results in much higher rates compared to experienced drivers.
Location
Your location is also one of the most important factors in determining how likely you are to have a claim or get into an accident. If you live in a highly populated area and you’re at a higher risk for car theft, vandalism, and harm to your car, you’re likely to pay more for comprehensive car insurance and auto collision coverage. Additionally, different states have different coverage requirements, including how much liability coverage you’re required to carry, which could affect your cost.
Vehicle usage
If you use your vehicle mostly for pleasure or commuting, you’ll usually pay less than a driver using their vehicle for other purposes. If you use your vehicle for business or for ridesharing services like Uber and Lyft, some companies may charge you more, or may even require rideshare insurance coverage. How much you drive can also affect your rate.
Your driving records
A better driving record, especially a clean driving record, can get you a better rate. Accidents and tickets can increase your insurance premium. New drivers with no record may also pay more.
· Speeding and traffic tickets
· At-fault accidents
· Not-at-fault and one-car accidents
· Coverage selections
· Vehicle type
· Marital status
· How you pay
· Mileage
· Continuous insurance
Call our office we have two locations you are welcome to call and we can help you save money. If your current policy is too high, we can help you save.
We have multiple company we can quote and save you money.
Call us!
We are open Monday to Friday 9 am to 5pm. We are here to help.
August 30 – September 4, 2023
6 Days / 20+ Rib Cookers / Free Entertainment
The 2023 Best in the West Nugget Rib Cook Off returns August 30 – September 4 to Downtown Sparks, Nevada. Join us for the country’s best rib cook off contest as more than twenty of the world’s top BBQ competitors serve up more than 250,000 pounds of ribs for hundreds of thousands of hungry event-goers.
SEPTEMBER 8-10, 2023
The Great Reno Balloon Race is the world’s largest free hot-air ballooning event. During three days in early September, you can look up into the Reno skies and see a rainbow of hot air balloons soaring about. From its humble beginnings in 1982 with just 20 balloons, The Great Reno Balloon Race has taken flight with up to 100 balloons each year.
Saturday, September 2
September Wine Walk 2023
THE CARSON CITY WINE WALK
Tickets are available ONLINE ONLY.
CHECK IN LOCATION
Check in will be at the Brewery Arts Center from 1PM to 3PM only. If you arrive after 3PM, you will not be able to redeem your ticket and collect your bracelet and glass.
THEME
Peace Love & Wine is our theme this month! Wear your best 70’s look for a chance to win $100. There must be at least five unique entries on the date of the Wine Walk, between 1pm and 5pm, before a winner will be selected.
PRICES
Prices are $20 if you need an official Carson City Wine Walk Glass.
Prices are $15 if you already have an official Carson City Wine Walk glass to use. Glasses that are not OFFICIAL Carson City Wine Walk glasses will not be allowed.
Participants must be 21 years or older. ID’s will be required at check in.
Reno Water Lantern Festival
Reno, NV Water Lantern Festival is coming up on September 30, 2023!
Voted #1 Best Cultural Festival by USA Water Lantern Festival TODAY two years in a row!
Water Lantern Festival is a floating lantern event that is all about connections. Magical nights in cities across the U.S. include food, games, activities, vendors, music and the beauty of thousands of lanterns adorned with letters of love, hope and dreams reflected upon the water.
As the sun begins to set on the evening sky, the Water Lantern Festival begins to shine with the launch of the lanterns onto the water as we Light The Water together. Watch your unique lantern drift out into the water as it joins other lanterns carrying hope, love, happiness, healing, peace, and connection. It’s a night that you’ll never forget.
Tickets are selling fast!
Visit www.WaterLanternFestival.com for more details.