 The cost of fixing your car has gone up significantly. Parts are more expensive, and a labor shortage means mechanics command higher wages. This translates directly to higher repair bills for insurance companies after accidents. However, the biggest culprit seems to be a recent and alarming increase in the number and severity of accidents. Speeding, texting, driving under the influence are leading to more frequent and expensive claims for insurers. Insurance companies have no choice but to raise rates for everyone to ensure they have enough money to pay future claims.