Auto insurance premiums in Florida have increased by 20 percent in the past year

Thanks to inflation, you’re probably paying more for just about everything these days, and car insurance is no exception. Insurers have increased rates by an average of 4.9% so far this year, according to data from S&P Global Market Intelligence, and costs to consumers are likely to continue rising, analysts at Bankrate say. For insurers,…

CAMBRIDGE, Mass.–(BUSINESS WIRE)–Insurify, America’s highest-rated auto insurance comparison site, released its report entitled, “The 5 Biggest Auto Insurance Myths: What Most Americans Blame About Their Policies”, Thursday. The report, which investigated America’s auto insurance literacy average, found that 96% of American drivers do not understand the fundamental aspects of their auto insurance policy, including what…