U.S. consumers have had some relief as the rate of cost increases for food and energy, two key components of most budgets, has eased greatly. But auto insurance and car ownership costs have become a sticking point for consumers and...
By DAMIAN J. TROISE AP Business Writer
NEW YORK (AP) – Relentlessly rising auto insurance rates are squeezing car owners and stoking inflation.
Auto insurance rates rose 2.6% in March and are up 22% from a year ago. Premium costs have been marching steadily higher...
Alberta’s new 3.7% cap on auto insurance rate increases for good drivers may wind up hurting the province’s well-mannered motorists more than it helps them, industry sources tell Canadian Underwriter.
“Your carrier probably wants to reward you for in terms of what you’re...
The rates drivers pay for auto insurance coverage vary. Factors like age, driving record, location, and vehicle type can influence the insurance rates. Another factor influencing auto insurance premium rates is an individual driver's credit score.But, in a few states, a driver's credit...
