My insurance premiums go up each year. Can I do something about this? › Category: Smart Insure › My insurance premiums go up each year. Can I do something about this? 0 Vote Up Vote Down Marcus Staff asked 5 years ago Apart from Health Insurance you can set your premiums to not go up each year, like a fixed mortgage. However you pay more for this upfront compared to the standard premium which is like a floating mortgage and goes up as you get older.