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Car insurance prices are on the rise, and COVID-19 is to blame
INDIANAPOLIS (WISH) — If your auto insurance rates have increased, you are not alone. Premiums are rising and the COVID-19 pandemic is partly to blame. “You may recall that during COVID-19 in 2020, auto insurers cut rates and reimbursed approximately $14 billion to their policyholders nationwide because fewer people were driving,” says Scott Holeman, spokesman…

This is why your car insurance is about to get more expensive
Why is my insurance renewal so high?Contents1 Why is my insurance renewal so high?2 Why did my car insurance go up when nothing changed?3 Why is my car insurance suddenly so high?3.1 Can car insurance randomly go up?3.1.1 Can insurance raise rates in the middle of a policy?3.1.2 Why did my insurance go up for…

Tesla Insurance could pose a long-term threat to the US auto insurance industry: Morgan Stanley
Analysts at Morgan Stanley have said that in the long term, Tesla Insurance may pose a threat to the ~$260 billion US auto insurance industry, following the company’s expansion of its new insurance product. insurance that uses real-time driving behavior data. The insurance offering was recently launched in Virginia, Colorado and Oregon. It was also…

What is raising the prices of car insurance?
DALLAS (CBSDFW.COM) – The next time you go shopping or upgrading your auto insurance – there is a good chance you will end up paying more. Matthew Montemayor is already paying a lot for gas and now, auto insurance too. “I think my insurance from last year to this year has gone up by another…

Do I need car insurance for a rental car?
Our goal is to give you the tools and confidence you need to improve your finances. Although we receive compensation from our partner lenders, which we will always identify, all opinions are our own. By refinancing your mortgage, the total finance charges may be higher over the life of the loan. Credible Operations, Inc. NMLS…