My car insurance premium went. He has never ridden in the past 15 years I have with the company because I’m at an age where he should drop significantly from year to year has been. I am 35 years old. So I called the company and ask them why my premium be increased if: 1) I’ve never had an accident and I have never filed an application 2) I have no changes to my policy. Your answer was: “You’re right. Your price will be reduced. But there was a lot of scams in the state of Florida. Thus, your price will be increased accordingly.” And then I said to myself: “WTF?” It felt like a prisoner in a world of logic behind Bizarro.
For life has its price. If you buy something at the store, built into it is the price the cost of all internal and external theft is going into the store. If you used to get a loan, you are not at a rate of% for the additional losses caused by others in their loans. If you have any food to buy, you pay a price for all the tainted food have not been purchased.
These costs can not simply “eaten” by the company, it would be too large and not withdraw the company out of business. The costs will be passed on to all consumers / users.