Latest News
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Average Car Insurance Rates as of February 2025 | Insurify
4 min. read|February 19, 2025
California Insurers Can Pass Half of $1B FAIR Plan Rescue Cost to Policyholders
3 min. read|February 13, 2025
Everyone — And Their Grandmother — Is Shopping for Car Insurance
3 min. read|February 12, 2025
24% and 31.6% Rate Hikes on the Way for Pet Parents With American Home Insurance
1 min. read|February 5, 2025
Car Insurance Costs Spiked the Most in These Five States in 2024
2 min. read|February 2, 2025
33% Rate Hike on the Way for AXIS Pet Insurance Policyholders in New York
2 min. read|February 2, 2025
Latest Pet Insurance News
January 30, 2025
Insights and Analysis
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Report: Drivers Grapple With 9% Increase in Car Ownership Costs in 2023
Car ownership costs an average of $4,695 annually in 2023, a 9% increase since the year before. Rising insurance and maintenance costs are primary drivers behind this increase.
November 8, 2023
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Investigation: Did TikTok’s Kia Challenge Cause a 55% Spike in Insurance Rates?
TikTok’s Kia Challenge probably isn’t to blame for insurance rate hikes. Inflation and rising car repair costs are the more likely culprits behind increases.
November 28, 2023
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Analysis: Electric Car vs Gas Car Costs
Tesla cuts contribute to falling EV prices, but electric models are still too expensive. Cost concerns are a deterrent for 70% of potential EV buyers.
December 10, 2023
Home Insurance News
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California Insurers Can Pass Half of $1B FAIR Plan Rescue Cost to Policyholders
California’s insurer of last resort for fire insurance says it needs $1 billion to ensure it can continue paying claims in the wake of the Palisades and Eaton wildfires.
3 min. read|February 13, 2025
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12% Rate Hike on the Way for Thousands of California Home and Condo Owners
California Automobile Insurance Company won state approval for a 12% rate increase that will affect nearly 600,000 homeowners, condo owners, and renters in the Golden State.
2 min. read|January 26, 2025
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Oklahoma Reminds Insurers to Play Fair If They Want to Use AI
Oklahoma is the latest U.S. state to recommend insurers prioritize fairness, transparency, and compliance when integrating AI models.
2 min. read|January 15, 2025
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California Bars Home Insurers from Shedding Policies in Wildfire-Hit Areas
California Insurance Commissioner Ricardo Lara has issued a moratorium blocking insurers from canceling or non-renewing policies in wildfire areas. Learn more here.
2 min. read|January 14, 2025
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Farmers Insurance Taking on More Policies in California
Farmers is reopening property insurance lines and increasing bandwidth for more new home insurance policies in California. Learn more here.
2 min. read|January 6, 2025
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New Mexico’s Last-Resort Home Insurer May Get $50M to Expand, Raise Coverage Limits
Learn more about plans to expand the New Mexico FAIR Plan to make home insurance more affordable and accessible.
2 min. read|December 18, 2024
Auto Insurance News
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Average Car Insurance Rates as of February 2025 | Insurify
National averages held steady through January, but Washington, D.C., Delaware, and Connecticut experienced increases.
4 min. read|February 19, 2025
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Everyone — And Their Grandmother — Is Shopping for Car Insurance
As inflation drives up auto insurance costs, even long-term policyholders have started shopping around for a better deal.
3 min. read|February 12, 2025
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Car Insurance Costs Spiked the Most in These Five States in 2024
Minnesota had the biggest increase in average full-coverage rates last year, at 58%.
2 min. read|February 2, 2025
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Car Insurance Rate Increases Will Slow to 5% in 2025, Report Predicts
Car insurance costs rose fastest in Minnesota, Maryland, California, Virginia, and Pennsylvania in 2024, with rates increasing by as much as 58%.
2 min. read|January 28, 2025
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North Carolina’s Car Insurance Minimums Set to Jump in July
North Carolina drivers may see rate increases when higher liability limits go into effect this summer.
2 min. read|January 28, 2025
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Electric Shock: EVs Cost 23% More to Insure Than Gas-Powered Vehicles
Electric vehicle owners may spend less on fuel for their vehicles, but they pay more for car insurance — a lot more.
2 min. read|January 27, 2025
Pet Insurance News
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24% and 31.6% Rate Hikes on the Way for Pet Parents With American Home Insurance
Californians with pet insurance coverage through American Home will soon see their rates soar.
1 min. read|February 5, 2025
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33% Rate Hike on the Way for AXIS Pet Insurance Policyholders in New York
Increase will boost base rate for premiums by more than $70 annually for cats and $150 for dogs.
2 min. read|February 2, 2025
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Latest Pet Insurance News
Latest pet insurance news, insights, and trends.
January 30, 2025
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NY Governor’s Veto Leaves Pet Insurers Off Leash
A bill that would have regulated insurers, set industry standards in the state, and required greater transparency from insurers is dead — for now. Gov. Kathy Hochul vetoed the bill on Nov. 22, after both the state Senate and Assembly had unanimously passed it.
2 min. read|December 18, 2024
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Vet Clinic Pet Insurance Coordinators May Be a Prescription for More Coverage and Healthier Pets
Pet health insurance may be less common than health insurance for humans, but it’s often every bit as complicated. A handful of U.S. veterinary hospitals have begun offering help — dedicated pet insurance coordinators — the Veterinary Information Network (VIN) reports.
2 min. read|November 3, 2024
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Lemonade Set to Hike Pet Insurance Rates in California
More than 57,000 pet owners will see their pet insurance premiums rise sharply following the California Department of Insurance’s approval of substantial rate increases for Lemonade pet insurance policies.
1 min. read|September 26, 2024
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New York Moves to Regulate Pet Insurance Industry in the State
New York legislators have passed a bill that establishes standards for pet insurers operating in the state. Learn more.
3 min. read|July 31, 2024
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Nationwide May Drop 100K Pet Insurance Policies
Nationwide, one of the largest U.S. pet insurers, says high veterinary costs are spurring underwriting changes and plan availability in some states.
2 min. read|June 3, 2024
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Two Large California Pet Insurers Set to Hike Rates in 2024
More than 84,000 California pet owners could see double-digit rate increases for their pet insurance coverage this year.
2 min. read|May 14, 2024
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Florida Mulls Bill to Leash Pet Insurance Providers
Faced with the highest home insurance premiums in the country, Floridians may not be giving much thought to escalating pet insurance costs and potential pitfalls. But some state lawmakers are.
2 min. read|March 13, 2024
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