Increasing insurance premiums likely Dangerous trend to 3rdparty only cover Dubai, United Arab Emirates, 1 August 2021, (AETOSWire): COVID-19 and its subsequent implications had led to less people and drivers on the road. As such, it’s been observed that during the pandemic,...
UPDATE: COVID-19 Discounts and Rebates The COVID-19 pandemic has resulted in almost every insurance company offering some kind of rebate or discount on their services. Mostly, these rebates were automatic. You either got a check in the mail, or had a discount applied to upcoming months, but...
Overall, car insurance premiums have been steadily rising in the past several years (since the end of the COVID-19 pandemic). According to the FSRA, GTA’s annual premium rose 8% in the span of two years – from $2,208 in October of 2021 to $2,391 in October of 2023. ...
When much of the country went on lockdown due to COVID-19, a number of auto insurers provided rebates to customers. Insurers gave back money on premiums because people were driving less and the chances of an accident had declined with reduced cars on the road. Now, however, while restricti...
Car insurance costs spiked by 15% in 2024, driven by inflation, complex vehicle repairs, and growing climate risks.
Start saving money today on the premiums you pay. Compare Quotes What’s going on with auto insurance rates in Ontario? For at least two years before the COVID-19 pandemic, Ontario auto insurance rates were trending upwards. FSRA (and its predecessor, the Financial Services Commission of ...
If hiked car insurance premiums have you wondering, gee, is it just me? Nope, it's on everyone, as the latest federal government data shows.
The cost of car insurance keeps going up The below chart shows the change in car insurance prices over time, based on consumer price index data from the Bureau of Labor Statistics [2]. While prices nosedived in the midst of the COVID-19 pandemic, they quickly rebounded and have been ...
Used Vehicle Retail volume was up 4% over 2023 but inflation, high interest rates and surging insurance premiums have driven the cost of ownership skyward. The average price of a used car jumped to $25,565 in 2024. Affordability is “the wall” that prevents people from purchasing a new ...
Pros: This is the way to go if you prefer the personal touch (socially distanced for COVID-19, of course). You'll have a professional who'll get to know you and will become someone you can turn to when you have questions or need to make a claim....