Drivers with college degrees generally pay less for car insurance. Insurers say highly educated people tend to file fewer claims. However, using education levels in setting prices has come under fire in recent
Car insurance-Why do we need oneD. Shiladitya
But less attention has been paid to the jump in price for a stiff expense that comes along with the vehicle: insurance. Car insurance rates have climbed 36% since January 2020, according to an ABC News analysis of consumer price data released by theBureau of Labor Statistics. Within the pas...
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...
As the cost of living rises, insurance companies need to adjust their premiums to keep up with the increased expenses they face. This can include higher costs for labor, materials, office space, and other operational expenses. Insurers also need to account for inflation in car repair costs, me...
The deadline for most Americans to file their federal tax return has passed. And while the IRS is still processing paperwork, refunds for tax year 2023 are tracking considerably higher than they were in 2022. As of April 19, 2024,the IRSprocessed about 136 million returns and refunded roughly...
Cancelled car insurance means an insurer has cancelled your cover before the end of your policy. This can happen if you break the terms of your policy, like by submitting a fraudulent claim. Other insurers can ask if you’ve ever had a policy cancelled and depending on the reason behind t...
An imperfect driving record, a history of claims, and poor credit will lead to increased car insurance rates. But you can keep your premiums as low as possible by periodically comparing competing insurance companies, bundling multiple insurance policies
Moneyfacts has rounded up the lowest rates for house purchases for us... Moneyfacts also picks out "best buys" that look beyond rates to take into account fees and incentives... Let's not forget house prices The average UK house price increased by nearly £900 month on mont...
Inflation, which drives up the cost of groceries, rent and car insurance, among other spending categories, is expected to continue slowing this year. NABE forecasts that the Consumer Price Index — a basket of common goods and services — will decline to an annual rate of 2.4% this year, ...