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This, coupled with insurance companies trying to keep investors happy instead of customers, is the biggest issue with why rates keep going up. They need to turn a profit, or investors will dump them, and with those higher costs involved they raise rates.
Strange that Geico wouldn't do it. We have been with Progressive for some time now, and the rates aren't...bad...we just have a lot of things to insure (currently at 4 vehicles, our TT, and my in-laws fifth wheel because it's a LOT cheaper having it under ours). We have looked around and evidently we are already getting ridiculously low rates for everything, because we haven't found anyone cheaper yet. Then again, no tickets/claims in over 10 years and having a rather in-depth understanding of what everything on a policy means and what choices get your rates as low as possible helps.
We have State Farm in AZ, also. Not sure why you're paying so much, unless you've had multiple accidents. We have two vehicles with max coverage and $500 deductible comp/collision. For my 2023 RAM 2500 it runs $825 per year. For my wife's 2024 Dodge Durango, it's $1040 per year. So a total of ~$1870 for the two.
Try travellers.
Well, CSAA last year had a record year in profits, best year ever for them was 2022. Companies and especially ins companies love inflation, because those increases stay even when inflation leaves. Inflation gives them every legitimate reason to raise because all their costs go up (salaries, construction, body work, etc).
