The major reasons car insurance rates are rising are inflation, increase in the cost of parts, labor shortages and change in driving habits during the pandemics. As pandemic has changed the driving habits, NHTSA reported a 18.4% increase in fatal crashes during the first six months of 2021, which is the highest percentage increase ever.
Will the cost of car insurance increase in 2022?
Why are car insurance rates rising?
What is the average cost of car insurance in 2021?
Why does car insurance go up every year?
It’s highly unlikely that your car insurance policy’s premium will remain the same when it comes time to renew your car insurance. Here are some re...
Why do car insurance premiums differ between insurance providers?
Car insurance works like other products you buy; two brands could be selling the same thing but offer quite different insurance quotes. The price i...
Why does my car insurance seem expensive compared to others?
‘Why is car insurance so expensive?’ is a question many drivers ask when it comes to protecting their car. Several factors can affect how much you...