Independent insurance broker Karl Susman says that rates are going up nationwide.
With rising gasoline prices topping the $6 a gallon mark and now most major auto insurers attempting to raise their rates, California drivers can't catch a break.
Susman is an independent insurance broker. He said rates nationwide are going up 20, 30, even 40%, and one of the reasons is the soaring cost of new and used vehicles. On top of that, supply chain issues have made repairs more costly and time consuming. the labor shortage is also keeping cars sitting at the repair shop for longer periods. Finally, Californians are once again driving as much as they were before the pandemic, and more miles means more accidents and more claims.
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