Like a butterfly crawling out of its chrysalis, Cuvva has made a profit for the first time in its nine-year existence.The innovative short-term car insurance broker has spent about £100 million on the journey from an idea dreamt up by Freddy Macnamara and...
Why are car insurance rates rising?Several factors influence the cost of car insurance:Age and gender: Younger drivers, particularly men under 25, face higher rates due to a higher risk of accidents. Rates then stabilize as drivers age until rising for seniors as accident...
EV sales grew by over 11% in the second quarter. (iStock ) The electric vehicle (EV) market is in full swing globally, despite some tough times for EV-giant, Tesla. In Q2 2024, electric vehicle sales grew 11.3% in the U.S., according...
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Auto insurance is a necessary expense for drivers, but it doesn’t have to break the bank. According to the Insurance Information Institute, Iowa had the third least expensive auto insurance in 2021 with an average expenditure of $725.30....
As Arizonans, we’ve all felt the sting of rising insurance premiums in recent years, whether it’s our homeowner policies or auto coverage. The numbers are startling. Since 2019, homeowner premiums in our state have surged by over 60%, while nationwide auto insurance rates...
TAMPA, Fla. — Car insurance rates are soaring nationwide, but drivers in Florida are feeling the pain of sticker shock more than others.“We moved from Pennsylvania. We stayed with the same company, same policy, no violations, no accidents, no claims or anything. Our...
