Insurance rates have been rising steadily over the past few years, and many consumers are feeling the impact on their budgets. Whether it’s auto insurance, home insurance, or health insurance, the cost of premiums is climbing, leaving people wondering why their rates keep increasing despite their efforts to minimize risk. In this article, we’ll dive into the reasons why insurance rates are going up, explore the factors affecting different types of insurance, and provide actionable tips to help you manage rising costs. Insurance, by nature, is a shared pool of risk. When more claims are made, or when costs associated […]