Car insurances premium soars high because of fraudulent act in which some people involve in the insurance claims abuse the system, and in order for the car insurance company to make up for the losses they continuously increase car insurance premiums.
Corruption on the system can be found among those people involves in processing insurance claims, starting from claiming of the existing damage that is not resulted from a car accident by the customer up to the injuries of the person involve in the car accident with the help of some unscrupulous doctors that falsify bodily injuries to deceived insurance companies, since car insurance company is having a hard time proving exactly what damage is already existed before the accident and the damage that is cause by the accident, this type of abuse on the system continuously happened..
Another reason why car insurances soar high is because of those people that are behind their wheel without any insurance, and to protect you from the
"Price is what you pay. Value is what you get"