If there have been a large number of claims,
insurance premiums increase accordingly.
Not exact matches
Since more points indicate an
increased risk of future violations,
insurance companies periodically review drivers» records, and may raise
premiums accordingly.
Put simply, people are more likely to die as they get older and the mortality tables enable the
insurance companies to calculate the risk and
increase premiums with age
accordingly.
Since medical costs and repair costs are
increasing each year,
insurance providers also raise their
premiums accordingly.