+11 Why Do Car Insurance Rates Increase 2022. We often wonder why our car insurance premium continue to increase while the value of the car depreciates. Does car insurance get cheaper every year?

Incidents such as accidents (even if you weren't at fault), speeding violations,. One of the most common reasons for a car insurance rate increase is an accident where you’re at. We often wonder why our car insurance premium continue to increase while the value of the car depreciates.