7 Reasons Why Insurance Rates Go Up

MEGAN KOSSOW | February 3, 2020

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Contrary to popular belief your insurance rate isn’t ONLY affected by what YOU do during your last policy term. Insurance carriers may need to make rate changes when you renew. These means they change the rate they are charging everyone in a specific area. Sometimes it’s a small adjustment for inflation, sometimes it’s larger and could be based on multiple factors. The entire auto industry is experiencing high loss trends which means carriers are paying out a lot more claims than they previously have. Due to this fact, the rates of your insurance tend to go up.

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All Web Leads, Inc.

All Web Leads (AWL) was founded in 2005 and is the nation's premier Customer Acquisition Marketing business focused on the insurance industry. Our team delivers tens of thousands of high-intent, qualified consumers to our customers every day. At the heart of AWL’s business is a proprietary Customer Acquisition Marketing (CAM) technology and services platform that allows us to attract, engage and qualify prospective consumers. This platform is based on a “closed-loop” architecture that incorporates data, analytics and real-time automated decision-making to optimize performance across the entire consumer lifecycle. We help our customers -- insurance agents, brokers and carriers -- acquire more consumers to create increased profitably.

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