, insurers consider motorists in both age groups as more likely to make a claim, which could lead them to see higher premiums. For those concerned about the cost of their motor premium, shopping around ahead of renewal is one of the best ways to try and save money on car ins...
Mervyn Skeet, director of general insurance policy at the ABI, said: "We appreciate that another quarter of increased motor insurance premiums will be concerning for households who are already grappling with rising costs in other areas. "Insurers continue to do all they can to keep motor insuranc...
College tuition and rent increases were nowhere close to that of car insurance. Bureau of Labor Statistics While actual premiums are notoriously difficult to track due to differing regulations in all 50 states (and a government-protected insurance industry that keeps its most useful data shrouded),...
an insurance agent at GreatFlorida, said one of the major driving forces for rising car premiums are claims tied up in court."Most claims that are going through to the carriers are coming in with an attorney," Callejas said. "So, maybe a claim that could have been ...
"Auto insurance rates have been rising at a breakneck pace," said Greg McBride, chief financial analyst for Bankrate, said in a statement. "And though the pace of increases will eventually slow, that doesn't mean premiums are coming down." ...
American motorists are spending less on fuel than a year ago, but any savings are likely being gobbled up by soaring car insurance premiums. Although prices at the pump in December were nearly 2% lower than a year ago, auto insurance rates jumped 20% over the same period, Labor Department...
CAR insurance costs are going down but home insurance premiums are rising, Taking an average of the cheapest five premiums, the average fully-comprehensive car insurance policy fell 2.9% to PS844 in July-September 2012 compared with the previous three months, according to AA Insurance....
Car insurance prices are rising, and could continue to rise in the year ahead. In Texas, in fact, some providers are planning hikes of about 20%.
Extreme weather events, higher replacement and repair costs, and increased medical expenses after accidents have boosted car insurance rates, experts say. Still, there are ways to mitigate rising premiums. Here are six strategies to consider: ...
3 among the best car insurance companies for seniors. It is the eighth-rated company for customer loyalty, most likely to be recommended, and most likely to be renewed.Where Erie really stands out is cost. It has some of the lowest sample premiums in our analysis across most driver ...