Why did auto insurance rates increase? 02:50 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 jumpe...
These are the five most likely reasons your car insurance rate might be high right now, along with some tips on what you can do to lower your bill. (Some states ban the use of one or more of these factors in insurance pricing, so they may not all apply where you live.) ...
There are also factors that are out of your control. According to the National Highway Traffic Safety Administration, these are the factors as to why auto insurance premiums are on the rise. An increase in distracted driving accidents. Nine people die every day as a result of distracted drivin...
Car insurance is a necessary expense for vehicle owners, providing financial protection in the event of accidents, theft, or damage to their vehicles. However, many car owners have noticed a frustrating trend – their car insurance rates seem to increase every six months, even when they haven’...
While you can’t personally do much to curb inflation, youcancontrol where your own premiums fall relative to other drivers. At least, to some extent. Below are the primary factors that can lead to high car insurance premiums. I’ve also included some tips on how to minimize your rates....
The Trump administration’s tariff policies may raise auto insurance premiums for motorists, according to a new Insurify analysis, at a time when costs are already soaring.More NBC CT Responds Videos Slide 1 of 9 2:51 Now Playing Here's why Trump tarif...
Driving fewer miles may also qualify for car insurance discounts. In addition, by increasing the deductible on the auto policy, or the amount you have to pay upfront in the event of a claim, you may lower the cost of your policy. Before you do that, be sure you have ample cash set...
If you need more flexibility, renewable and convertible term life insurance policies can help. A renewable term policy gives you the option to extend your coverage beyond the original term without the hassle of another medical exam. It’s important to note that your premiums do increase, however...
Because even in a simple fender bender, without auto insurance, the whole scenario could’ve gotten awholelot uglier. So why do we need car insurance? Why do states mandate it? (And is it worth paying for it in the two states where it isn’t required?) How does auto insurance protect...
Contributor A journalist and editor with over 20 years of experience, Jennifer Pattison Tuohy covers home and design, the smart home, and consumer technology. Born in New York, she grew up in London, England, and now lives in Charleston, South Carolina. ...