Reply to Driving in MD becoming unaffordable?

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]It's unaffordable because of so many unlicensed and uninsured drivers on the road [/quote]

[b]Also, insurance companies are loosing money with all the natural disasters (fires, hurricanes, flooding, etc) so they pass those costs on in home owners and auto insurance policies. [/b] Ultimately they plan to make money at their business, not loose money.  Also, the cost for repair parts and for the work to be done has skyrocketed during covid and has not come back down.  So Auto damages alone are costing them much more.

What's really sad is they wont' allow a deductible higher than $1K for my policy (different state, but still 30-40$ increases this year).  I'd take $2.5K deductible if I could, because I don't plan to file a claim unless catastrophic (think actual accident at high speeds, multiple cars involved, personal injuries possible, etc---not a I accidentally rear-ended you at a red light and it's $3.5K to fix your car).  I'd prefer to still have insurance that doesn't drop me. [/quote]

Are you suggesting that because of increased homeowners insurance claims, rates for auto insurance are going up?  Because that's just wrong.  [/quote]

No mostly increased auto claims. Floods, fires, hurricanes cause auto claims as well. Car parts cost much more in last 4 years and labor costs have increased as well, for repairs.  
But ultimately, they are in business to make money.  If one part of the business is struggling mightily (think homeowners), they are going to do whatever needed to ensure the entire company stays afloat financially. 
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