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ANALYSIS: GEICO’s Expensive Car Insurance Gamble Is Cautionary Tale
GEICO may be on the hook for more millions than it had anticipated after refusing to settle a $ 1 million lawsuit against a policyholder. The policyholder was romantically involved with a woman who threatened to sue him for negligence after she contracted a sexually transmitted disease in his car. The car insurance company refused…
How to lower your car insurance bill as rates rise this year
Is it normal for car insurance to increase every year?Contents1 Is it normal for car insurance to increase every year?1.1 Does credit score affect car insurance?2 Why is car insurance so expensive all of a sudden?3 Why are car insurance rates increasing?4 What is one major cause for higher insurance rates? Rate increases are often…
Educating Car Buyers To Reduce Insurance Costs
F&I managers and sales staff aware of buyers ’misconceptions about rising car insurance costs can resolve purchase objections and save sales or lease opportunities. As we reported earlier, JD Power 2022 U.S. The Auto Insurance Study noted serious impacts, higher used car prices and rising repair costs caused car insurance rates to rise. The increase,…
Car insurance rates are rising. Here’s what drives the cost up
Why is car insurance going up in 2022?Contents1 Why is car insurance going up in 2022?1.1 Is car insurance going up because of inflation?1.1.1 Does inflation affect insurance prices?1.1.2 Why is car insurance increasing?1.1.3 Why did car insurance go up 2022?1.2 Why is car insurance increasing?1.2.1 Why did my car insurance go up 2023?1.2.2 Why…