These are my most recent monthly State Farm vehicle insurance payments, from most recent ($114.35) to sometime back in 2021 ($69.32). I have no control over how much or little they decide to take out of my bank account every month. I noticed it steadily going up over the months until suddenly my December payment DECREASED by $16.75. I really don’t feel like contacting my insurance company with this trifling question but I am curious what affects their fluctuating prices.
$114.35 (December 2025) $131.10 (November 2025) $131.10 $131.10 $131.10 $131.10 $131.10 $122.45 $122.45 $122.45 $122.45 $122.45 $122.45 $121.87 $121.87 $121.87 $121.87 $121.87 $121.87 $100.89 $100.89 $100.89 $100.89 $100.89 $100.89 $95.40 $84.24 $83.56 $83.56 $69.32 (January 2021)
Their reason for doing this is “dynamic service cost estimates can change the costs of the service” but it’s really just arbitrary
Insurance companies can charge whatever they want and people have to pay or they can’t afford Healthcare. You pay or you die
Insurance is a racket.
This is vehicle insurance, not health insurance.
This is how every insurance adjusts rates.
But yeah car insurance is maybe even more of a scam because you are legally required to pay it if you want to drive a car which is a requirement to participate in society.