Motorists are targeted again as insurance prices rise
Automobile owners are again the target of price rises in the USA. If gas prices aren’t enough to cripple you then the fact that auto insurance is on the rise will. Over the recent years there has been a steady rise in insurance premiums for all road vehicles. There are many reasons for this, but it does not hide the fact that motorists are being penalised as they are an easy target for quick tax and revenue increases.
Firstly we have seen the rises at gas station pumps with prices doubling over the last five years, also there has been an increase in road tax as well. Now it seems that the insurance companies are cashing in on the trend as well. With prices more than doubling over the last few years it has lead to motorists tightening their pockets even more.