Jeff Guffey Agency

8483 E Brainerd Rd

423-521-1363

Auto Rates are Stabilizing (sorta)

Auto insurance rates have been all over the place lately, and many drivers are overpaying without even knowing it. Here’s why this is the perfect time to shop your coverage:

Why Rates Have Been So Unstable

  • Higher repair costs from expensive parts & labor
  • More accidents & claims nationwide
  • Inflation hitting cars, repairs, and medical bills
  • Companies adjusting prices to catch up after years of losses

Why Rates Are Starting to Come Down

  • Car part supply chains are improving
  • Claim costs are leveling out
  • Insurance carriers are competing again
  • Many states are approving rate decreases

💡 What This Means for You

You could be paying more than you should. Many of my clients are now seeing lower premiums simply by letting me shop multiple carriers for them.