I’m pretty certain my auto insurance rates are going up in the next six months renewal. Isn’t everything? Inflation is an absolute bitch, even for someone like me who have only myself to feed/take care of. Just last week I noticed the prices at Panda Express (the best go-to Chinese food in a pinch) have gone up another 30 cent. It must be the great egg shortage going on right now. Maybe don’t use eggs in the fried rice for the time being…
Rent have gone up this year as well, not because my friend/landlord hates me, but because of energy prices. Anyone in California using their central heating a lot during this winter have had a bit of a sticker shock recently. The prices of natural gas is stupendously high, so much so one friend of mine have stopped heating up her entire apartment. Price of electricity have gone up as well. Since my rent is inclusive of utilities, no surprise that it has rightfully increased this year.
At least my BMW M2 can be insured. This article on Jalopnik says in certain areas (of high crime), insurance companies are refusing to cover Hyundai and Kia vehicles. Because those cars are incredibly easy to steal. Understandable, really: insurance is simply risk management. If certain drivers with bad records can be denied insurance, so can cars that are heavy theft magnets. It’s not worth the risk for the underwriting companies.
Of course, it completely sucks for the owners of a Hyundai or Kia vehicle made before 2021. You either cannot get insured, or have to pay an abnormally high premium. Even if you want to trade the car for another brand, it’s not so easy. The great supply chain shortage is still effecting the car market. Customers are still paying over sticker for new cars, and used cars prices are still heavily inflated compared to pre-pandemic. Talk about rock and a hard place.
I’m low-key glad my parents’ 2018 Hyundai Tucson was a lease.
Rest in peace.