)
Prolonged UAW Strike Could Drive Up Car Insurance Rates Even Further
Car insurance rates have already spiked 17% in 2023. The UAW strike could lead to more price surges.
)
Electric Vehicles: Costs, Trends, and Statistics
More than half of car buyers are considering an EV, but high prices and poor charging infrastructure pose significant barriers to adoption. Tesla continues to dominate EV sales, but competitors are encroaching.
)
Auto Insurance Rates Set to Rise in NC
Tarheel drivers could see 9% increase by end of 2024.
)
State Farm, Kentucky Reach $1.35M Settlement
State alleged insurer didn’t tell policyholders about available UM/UIM benefits.
)
NY to End Photo Inspections for New Car Insurance Policies
New York Insurance Association: New law is a ‘win for drivers in New York.’
)
Investigation: Did TikTok’s Kia Challenge Cause a 55% Spike in Insurance Rates?
A viral TikTok challenge encouraged viewers to steal certain Kia and Hyundai models. Despite some insurers dropping coverage, rates are comparable to less frequently stolen vehicles.
)
Columbia Insurance Auto Insurance Review: Ratings and Quotes
Columbia Insurance sells standard coverage offerings in 14 U.S. states.
)
Monthly Car Payments for New Vehicles Are at Record Highs
17.5% of financed vehicles have monthly payments of $1K or more
)
EVs Totaled at Same Rate as Gas-Powered Cars, Data Shows
New report debunks the myth that insurers total EVs more often than combustion-powered vehicles
)
Good News: Catalytic Converter Thefts Are Down 37% in 2023
Bad news: With average converter claims cost up by $1K, premium decreases seem unlikely.
)
Novo Auto Insurance Review: Ratings and Quotes
Drivers who want affordable car insurance through a fully digital insurer can look to Novo for liability-only and full-coverage policies.
)
4 More Insurers Exit California Home and Auto Insurance Markets
Withdrawals by Kemper companies will affect 43,433 home and fire policies, 27,400 auto policies.
)
Drivers Grapple With 9% Increase in Car Ownership Costs in 2023
Average car ownership costs reached $4,695 per year in 2023. Insurify broke down the biggest expenses and surveyed drivers to learn how they’re dealing with the 9% increase.
)
Liberty Mutual Agrees to Repay $7.7 Million to Minnesota Policyholders
Refunds, credits and premium discounts on the way to 86,506 drivers and homeowners.
)
Despite Recent Rate Hikes, California Car Insurance is 25% Cheaper than National Average
Millions of California drivers face premium hikes, with GEICO, State Farm, and Mercury among the largest auto insurers granted rate increases in 2023.
)
Covercube Auto Insurance Review: Ratings and Quotes
Covercube is a new car insurance company that uses an app to track your driving habits and driving skills to calculate your monthly premium.
)
Frankenmuth Auto Insurance Review: Ratings and Quotes
Drivers who choose Frankenmuth Insurance pay an average of $141 per month for car insurance.
)
Until Death, or a New Policy, Do You Part
Taking a closer look at New York’s supplemental spousal liability law