Car insurance premium is supposed to depreciate as the value of the car is deprecating every year instead they increased my premium

Good day Zama. We’re really sorry to hear about your experience and understand how frustrating it is to see your premium increase when you expect it to decrease as your car’s value depreciates. While premiums can be influenced by other factors such as repair costs and market conditions, we understand how disappointing this can be and value your feedback—if you’d like, we’d be happy to review your policy with you and explain the increase in more detail.