If you want your premium to go up every 6 months despite absence of wrecks or traffic violations, then youβve picked the right insurance. I recently switched coverage due to the extremely high rates and miraculously my final payment was the same as the price I was billed on my May 9th statement? Payments are taking in advance and I cancelled prior to that next billing cycle, so the entire billed amount should not have been deducted. State Farm has definitely gone down over the years with affordability and being competitive.