Insurance News and Insights

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Insights and Analysis

Drivers Grapple With 9% Increase in Car Ownership Costs in 2023

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.
Investigation: Did TikTok’s Kia Challenge Cause a 55% Spike in Insurance Rates?

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.
Electric Vehicles: Costs, Trends, and Statistics (2026)

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.
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Auto Insurance News

What Do Tariffs Mean for Car Insurance Relief?

What Do Tariffs Mean for Car Insurance Relief?

New auto tariffs threaten to reverse recent insurance rate stability, potentially driving up premiums in the coming year.
Your Auto Insurer Knows You’re Thinking of Quitting: The Rise of Midterm Churn Prediction

Your Auto Insurer Knows You’re Thinking of Quitting: The Rise of Midterm Churn Prediction

With more drivers switching, insurers turn to AI to analyze policy changes that may signal a customer is comparing quotes.
Average Car Insurance Rates as of June 2026 | Insurify

Average Car Insurance Rates as of June 2026

The overall national average cost of car insurance held steady at $142 per month in May.
Digital Disconnect: More Insurance Customers Buy Online, but Like It Less

Digital Disconnect: More Insurance Customers Buy Online, but Like It Less

Insurance shoppers buy nearly half of all auto and home policies online, new study finds. But insurers still fall short of customer expectations for a positive digital experience.
Closing the Gig Gap: The Push for Specialized Insurance in the App-Based Economy

Closing the Gig Gap: The Push for Specialized Insurance in the App-Based Economy

With millions of freelancers and contractors facing hidden coverage voids, new insurance models and app-integrated policies are finally offering the protection gig workers need.
Clean Look, Costly Flaws: Why AI-Generated Legal Arguments Are Failing in Insurance Court

Clean Look, Costly Flaws: Why AI-Generated Legal Arguments Are Failing in Insurance Court

AI is appearing in insurance court cases, but the results have been rocky so far.
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Home Insurance News

Forget Hurricanes. This Is America’s Fastest-Growing Insurance Threat

Forget Hurricanes. This Is America’s Fastest-Growing Insurance Threat

Billion-dollar thunderstorms are quietly rewriting the rules of home insurance
Homeowners Are Paying More for Insurance, but They Still May Be Underinsured

Homeowners Are Paying More for Insurance, but They Still May Be Underinsured

Rising premiums and a lack of understanding surrounding coverage limits are leaving millions of homeowners financially vulnerable to significant losses.
The Great Insurance Retreat: Why Homeowners Coverage Is Vanishing in High-Risk States

The Great Insurance Retreat: Why Homeowners Coverage Is Vanishing in High-Risk States

As insurers tighten standards and raise premiums, experts say homeowners must act before non-renewal notices arrive.
Insurance AI Under Fire for Alleged Racial Bias

Insurance AI Under Fire for Alleged Racial Bias

Bellwether lawsuit moves forward as insurance industry leaders rethink how it uses artificial intelligence.
El Niño May Dampen 2026 Hurricane Season, But Coastal Risk Still Looms

El Niño May Dampen 2026 Hurricane Season, But Coastal Risk Still Looms

Although experts expect a below-average hurricane season, they caution that this is really a redistribution of risk, and storms may shift.
Proposed California Home Insurance Reform Bills Advance in State Senate

Proposed California Home Insurance Reform Bills Advance in State Senate

Bills would require more detailed insurer explanations for non-renewals and claims, and penalty for delayed claims payments.
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Pet Insurance News

Will Pet Insurance Cover New World Screwworm Infestation?

Will Pet Insurance Cover New World Screwworm Infestation?

With 20 confirmed cases, including one dog, here’s what owners should know about pet insurance and NWS treatment.
Average Pet Insurance Rates as of June 2026 | Insurify

Average Pet Insurance Rates as of June 2026

The national average cost of pet insurance held steady through May.
Would New Jersey’s Proposed $900 Pet Tax Credit Replace the Need for Pet Insurance?

Would New Jersey’s Proposed $900 Pet Tax Credit Replace the Need for Pet Insurance?

Annual care costs and the legislation’s uncertain future mean pet parents should hold on to their policies, data indicates.
Pet Insurance Costs Heating Up for Nearly 300K California Pet Parents This Summer

Pet Insurance Costs Heating Up for Nearly 300K California Pet Parents This Summer

Two insurers set to implement rate increases ranging from just under 8% to 19% in July.
Average Pet Insurance Rates as of April 2026 | Insurify

Average Pet Insurance Rates as of April 2026

The national average cost of pet insurance held steady through March.
Average Pet Insurance Rates as of March 2026 | Insurify

Average Pet Insurance Rates as of March 2026

The national average cost of pet insurance held steady through February.