Inflation has leveled off for most goods and services, but car insurance costs continue rising aggressively.
So insurance in some areas is falling, is it? Not according to the Alliance for Insurance Reform which has suggested that the insurance sector is keeping prices high in order to make as much money as possible. “In recent years the only thing increasing faster than public...
If you’re like them, you’re probably wondering: “Why is my car insurance so high?” Unfortunately, there’s no single answer. Many factors influence the price you pay for auto insurance. Some might seem obvious, like having a recent speeding ticket on record. But others may be less ...
Car insurance is required by law nearly everywhere in the United States — but as insurance premiums climb, it’s easy to question why drivers are required to invest in coverage. Mandatory car insurance laws first appeared in the 1920s to combat the rising cost of car accidents and incentivize...
And since insurance is meant to share risk, it only stands to reason that higher-risk individuals have to pay more to be insured. Someone who has had two accidents is going to pay more for car insurance than someone who has ...
CAR INSURANCE RATES RISING FASTER HERE, STUDY FINDS WHY COSTS CLIMBED 42% IN WASHINGTON OVER A DECADE RAISES QUESTIONS.(News)Hadley, Jane
Rising Medical Costs and Auto Repair Expenses Insurance Fraud and Uninsured Motorists Technology and Vehicle Features State and Legislative Changes Conclusion Introduction Car insurance is a necessary expense for vehicle owners, providing financial protection in the event of accidents, theft, or damage to...
Prices for new or used cars may have fallen in the past year, but the overall cost of owning a vehicle is growing even more expensive. That's because extra costs associated with having a car, like interest rates on auto loans and insurance, have been climbing. The average interest rate ...
proposed by NHTSA.) The relative “give” of a car’s hood is particularly important; ideally, it would be soft enough to absorb some of the force of impact, but not so soft that the head strikes an immovable piece of the engine below. Models that flunk the test could not be sold ...
6 strategies to help mitigate rising car and home insurance costs The great wealth transfer is underway. Here’s how to prepare Middle-class Americans want to know how the wealthy make money When trust is broken or in jeopardy in financial relationships, as in romantic ones, people often ...