AUSTIN (KXAN) — “I’m just tired of spreading my money left and right,” said Jasan Gibbons. Sitting in his guitar workshop, ATX Guitarworks on Jones Road, he realized it was becoming increasingly difficult to keep running. He faces a potential rent increase at his store and believes the economy is affecting his customers. “You have…
Cheapinsurance.com has compiled a list of how the pandemic has affected the cost of car insurance from a collection of experts and government sources. Pandemic-related trends driving up auto insurance ratesContents1 Pandemic-related trends driving up auto insurance rates2 Automotive technicians are in short supply, making repairs more costly3 Replacing a totaled car is more expensive…
With auto insurance premiums set to rise on January 1 for more than a million drivers across the state, several lawmakers and advocates have called on legislative leaders to move a stalled bill that would ban insurers from using factors such as education , employment and credit scores to set rates. This is a widespread practice in New Jersey…
Car insurance is a necessary expense for most Americans, as driving without it is illegal and public transportation options are limited outside of major US cities. Vehicle insurance can be expensive, especially if you’re a new driver or luxury car insurance, but it can save you tens of thousands of dollars in the event of…
Who wants to pay more for car insurance? I do not. Neither do any of the clients I serve as an independent insurance agent. But California is brewing a potential auto insurance crisis that could hurt consumers – all because the Insurance Commissioner is making policy, not doing his job, to ensure a robust, balanced…
The increase in the price of goods has squeezed the budget across the country. In fact, Americans are spending about $433 more per month in October 2022 compared to October 2021. If you are trying to lower your monthly expenses, you can look to your car insurance rates as a place to cut back. While…
A federal judge has allowed a lawsuit against Geico Corp. proceed as a class action. Geico overcharged more than two million drivers in California for car insurance in the early months of the COVID-19 pandemic, it claims. At the beginning of the pandemic, some of the strictest quarantines were introduced. This led to forced changes…
Car insurance is a necessary expense for most Americans, since driving without it is illegal and public transportation options are limited outside of major US cities. Insuring a vehicle can be expensive, especially if you are a new driver or insuring a luxury car, but it can save you thousands of dollars in the event…
Here’s what the US auto insurance industry really thinks about electric cars, how it affects your premium, and how to choose an electric car insurance company that really has your back when you need help. Can insurance companies embrace change?Contents1 Can insurance companies embrace change?2 Gas cars vs. EVs3 How to get the best car…
Florida lawmakers are set to return to Tallahassee soon for another special session to deal with the state’s property insurance crisis. But it’s not just houses and condos where Floridians pay high insurance costs, it’s cars too. In fact, Florida auto insurance rates are among the best in the nation. An analysis from insure.com ranks…