Inflation has leveled off for most goods and services, but car insurance costs continue rising aggressively.
–Choose Your Car Wisely: Consider insurance costs when purchasing a new vehicle, opting for models with lower premiums if possible. Everyone’s cost is expected to increase. However, drive safe and you’ll be affected the least. It’s never a bad idea to always shop around, b...
"The general consensus is that it will be eight to 12 months [from fall 2022] before rate increases begin to slow down, and some think it could be several years before prices fully stabilize," Betsy Stella, vice president of insurance partnerships at Insurify, said. If you are looking to...
Car prices are finally on the down swing, but drivers are facing a new financial hurdle: surging auto insurance premiums. A newreportpublished by Insurify, an insurance comparison shopping site, shows the average U.S. rate for full auto insurance surged to $2,329 in the first half of 202...
Raise your deductible: If you have full coverage on your vehicle, increasing yourdeductibles— the amount you pay out of pocket to make a claim — can lower your monthly premium. Look for discounts: Layering multiplecar insurance discountscan significantly reduce your premium. Most insurers offer ...
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...
Things have since improved for car owners — except when it comes to insurance bills. Car insurers are still raising prices steeply: The price of motor vehicle insurance rose more than 22 percent in the year through April, the fastest pace since the 1970s, according to a report the Bureau ...
Cheap auto insurance in Alaska for 60-year-old drivers Although 60-year-olds have cheaper car insurance rates than many other age groups on average, prices will start increasing as they get older. To find cheap car insurance for seniors, drivers in their 60s should make sure to shop around...
There are numerous causes of rising car insurance prices of which increasing injury claims is the most ciritical. We look at what is being done to address rising prices and the likely impact of these interventions in 2012 and beyond.Donald M MacKenzie...
[ Get a free insurance quote and compare prices ] Who has the Best Cheap Car Insurance in New Jersey? Best Large Insurance Carrier - In New Jersey, our data shows that it is GEICO. Cutting out agents has an impact on your premium. Cheapest Insurance with Bad Credit - NJM has the lead...