If you’re a Salt Lake City driver who recently saw their car insurance rates go up (even if you haven’t been in an accident), this post likely caught your eye. The truth is, there are several reasons insurance premiums can go up, and we’ll tell you more about them in this post.

Reasons Your Car Insurance Rates Go Up

We’ll cover some of the common reasons for car insurance price increases, but if you would like to learn more about your specific policy or learning more about the best coverage options for you, call us for help.

Car Insurance Fraud

Unfortunately, car insurance fraud is on the rise across the country and it totals more than an estimated 40 billion dollars each year, according to the FBI. Because of these significant costs, many insurance companies have to increase their premiums alongside them.


Depending on where you live, there are several trends and events that could result in car insurance premiums going up for drivers in that area. For example, if crime rates have jumped, insurance premiums tend to go up along with them. This is because a large component of your premium is based on risk. When the risk is higher (in the case of higher crime rates), your policy premium will typically go up.

Other Costs Are Also Rising

Another reason your car insurance could go up without being in an accident is simply to keep up with the ever-raising prices of other services. For example, medical costs are consistently on the rise, and because your insurance goes toward these costs, you might find yourself paying more for your coverage. Technology is also advancing quickly, which tends to come with higher vehicle price tags. When your vehicle is worth more, you’ll typically find you pay more to insure it.

The best thing you can do to keep your insurance rates down is to maintain a safe driving record for as long as possible. Additionally, make sure you work with a trusted and experienced car insurance company, and be sure to inquire about any discounts that might apply to you.