My boyfriend and I have had geico for 2 years now and we’re wondering why our rates have steadily been increasing.

Is it just the way things are now? I remember growing up everyone said that as you age through your 20s and closer to the 30s you’ll seen insurance go down but so far it’s the opposite.

For context we started 2 years ago at $230 a month (don’t remember the premium) for a 2020 f250 and a 2022 Kia forte. I’m 25 and he is 23 and now our premium is over $3200 and we’re paying $525.

We’ve had no claims since we got geico and I’ve had one collision loss from an old policy from like 3 years ago, credit has only gotten better, and we have had the same jobs.

We’re trying to wrap our heads around it but we can seem to figure out why the rate continues to go up.