For three years in a row now, my motorcycle insurance premiums have gone up come policy renewal time. The reason given is always the same; rates have increased in your area due to inflation, and the resulting higher cost of replacement parts, labor, and everything else associated with vehicle repairs. This time they're going up 24%. Every year I shop insurance, and I usually change companies, because another company will offer me lower rates, only to raise them as soon as policy renewal time...
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