Older drivers could be slapped with additional fees as car insurance companies cut no-claims discounts, even if they have gone decades without claiming.Experts are warning that insurance firms are "arbitrarily" capping proof of no-claims discount, potentially leading to drivers paying more for their...
Kathryn Wylde, president and CEO of the Partnership for New York City, sat down for a fireside chat at City & State’s recent New York’s Car Insurance Affordability Crisis event, presented in partnership with Citizens for Affordable Rates, which gathered industry experts and...
SEOUL, Nov. 24 (Yonhap) -- Non-life insurers' loss rate for their auto insurance businesses continued to rise in October due to reduced insurance premiums and increased traffic accidents, data showed Monday.
The nation's four major non-life insurers, including Samsung Non-Life Insurance,...
Young people in Toronto are facing skyrocketing car insurance costs, so much so that for many of them it's becoming cheaper to use public transportation or Uber than to own a car. A new report from Rates.ca shows that insurance companies categorize young...
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CheapInsurance.com examines how an applicant’s financial profile intersects with their driving profile in determining auto insurance rates. Most drivers know that factors like driving record, vehicle type, and residential ZIP code influence...
