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Why is car insurance so expensive in Ohio?
A Beacon Journal colleague recently lamented that his six-month auto insurance premium was going up 17% even though he had no claims, tickets or other changes to his family’s driving patterns. His insurance agent said car insurance rates are going up across the state. So I contacted both Dean Fadel, president of the Ohio Insurance…
Survey: Most Drivers Don’t Understand Their Car Insurance Coverage
Editorial Note: We receive commissions from partner links on Forbes Advisor. The Commission does not affect the editor’s opinion or evaluation. Car insurance is an important way to protect your finances if you cause an accident or your vehicle is damaged. But a recent Forbes Advisor survey found that most drivers don’t understand the insurance…
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…
Expect to pay more for car insurance in 2023, analysts say
You’ve probably noticed that gas prices are dropping. According to GasBuddy, North Carolina’s average has dropped 40 cents since last month, and South Carolina’s is up nearly 44 cents. ALSO READ: Action 9 helps driver recover nearly $40,000 for SUV But Action 9 researcher Jason Stoogenke says drivers should plan to pay about $10 more…
Average Cost of Car Insurance 2022 – Forbes Advisor
Editor’s note: We earn a commission from affiliate links on Forbes Advisor. Commissions do not influence the opinions or ratings of our editors. Car insurance is required to drive legally in almost all states, so it’s helpful to know how much you can expect to pay for coverage. Forbes Advisor found that the average cost…