The increase in insurance premiums is a baffling phenomenon, with little to no drop in prices despite the vehicle's depreciating value. In 2020, the premium payment was 5300 yuan, with a reduction of 1800 yuan. In 2021, the premium payment was 4700 yuan, with a discount of 1000 yuan. The 2022 premium payment was 4700 yuan, returning 900 yuan, with a 4S store purchase of a car and a shop outside of the store estimates a price of around 4200 yuan. In 2023, the premium payment was 4400 yuan, with a return of 700 yuan, and the 4S store purchase price is estimated at around 3800 yuan. The resumption of premium payment has led to a quotation from the 4S store of 4400 yuan, with a 500 yuan return, whereas the insurance company quotation is 3700 yuan.
The car's annual depreciation exceeds 10%, and the insured sum is decreasing. I feel like I've been deceived.
How do you all purchase your insurance?
If you have any reliable low-price channels, please contact me.