05/15/2025
We are asked at least three / four times a day, "Why is my car insurance so expensive”? Well, lots of reasons, but here is just one example of many.
A customer had to take her 2023 BMW X5 to the dealership for warranty work as a small running light under the main headlight was not turning on. They had to replace the entire headlight assembly. Are you ready for this? The headlight, just the part alone was $11,000! Yes, $11,000 for a headlight! Yikes!
Repairs costs have gone through the roof, and that does impact premiums. Luckily State Farm is a Mutual Company, meaning we are owned by the policyholders, not by shareholders. We answer to the customers, this difference sets us apart from the rest.