auto insurance premiums News
Top 10 List of Most Affordable New Trucks and SUVs to Insure
A new list highlights the most affordable SUVs and trucks to insure, according to Mercury Insurance, a personal and commercial auto insurer in California. The insurer, provider of auto insurance in ...
No More Auto Insurance Rate Hikes on the Widowed in Rhode Island
A new Rhode Island law prohibits auto insurers from charging policyholders more solely because they have been widowed. The new law bans insurers from treating widows or widowers any differently than ...
Auto Insurance Price Inflation Overstated, Swiss Re Economists Say
The sticker shock that U.S. drivers feel when they see their auto insurance premiums jump is real—but it's not quite as bad as a major economic indicator suggests, according to Swiss Re economists. ...
Surge in Auto Insurance Rates Factor into Recent U.S. Inflation Climb
Even as U.S. inflation has eased in the last year, an unusual culprit has emerged in recent months as a surprise force in preventing consumer prices from falling even further: auto insurance. ...
Survey: Nearly 25% of Drivers Reduced Coverage Due to Rising Costs
A new survey reveals that nearly a quarter of drivers opted for less car insurance coverage than they wanted in 2023. The national poll of more than 1,200 American drivers by Jerry, a car insurance ...
Auto Insurance Premiums Rise 17 Percent in H1 of 2023: Report
Car insurance premiums are skyrocketing primarily due to rising auto parts costs and extreme weather, according to virtual insurance agent platform Insurify's Q3 2023 Mid-Year Auto Insurance Trends ...
Increased Auto Insurance Premiums Likely as Lines Face Pricing Pressures Head On
Insurance claims inflation has risen faster than the underlying consumer price index (CPI), outpacing auto insurance premium increases, according to a new study, Auto Insurance: The Uncertain Road ...
J.D. Power: Biggest Auto Customer Satisfaction Drop in 20 Years
One-third (31 percent) of auto insurance customers in the U.S. reported a rate increase in the past year, leading to a growing number participating in usage-based insurance (UBI). This has led to the ...