These are my most recent monthly State Farm vehicle insurance payments, from most recent ($114.35) to sometime back in 2021 ($69.32). I have no control over how much or little they decide to take out of my bank account every month. I noticed it steadily going up over the months until suddenly my December payment DECREASED by $16.75. I really don’t feel like contacting my insurance company with this trifling question but I am curious what affects their fluctuating prices.
$114.35 (December 2025) $131.10 (November 2025) $131.10 $131.10 $131.10 $131.10 $131.10 $122.45 $122.45 $122.45 $122.45 $122.45 $122.45 $121.87 $121.87 $121.87 $121.87 $121.87 $121.87 $100.89 $100.89 $100.89 $100.89 $100.89 $100.89 $95.40 $84.24 $83.56 $83.56 $69.32 (January 2021)
Yeah the zip code reassessment seems like the most likely explanation. Maybe the rate of accidents, car thefts and vandalism went down in OP’s zip code, so the insurance company lowered their premium.
I recently moved one mile away to a different zip code and GEICO increased my premium from $130 to $175 which I understand is very expensive for what I’m getting for coverage. I’ve never filed a claim, never been at fault for an accident, my car isn’t worth much and my only traffic violation was speeding more than a decade ago. Weirdly enough my pet insurance premium decreased by $25 when I moved. 🤷♂️