Allstate CEO Tom Wilson wasn’t kidding when he said the company’s relentless streak of auto insurance rate hikes will continue into 2023. Less than a month into the year, Allstate raises rates on most Illinois drivers it insures by an average of 7.6%, according to a filing with the Illinois Department of Insurance. The average…
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…
Our data shows Country Economy typically offers the cheapest car insurance in Chicago, with an average rate of $34 for minimum coverage. The cost of car insurance in Chicago is generally not as high as in cities like New York or Los Angeles, but it is still a good idea to compare companies to get…
Only 21% of the 12 million vehicles registered on Nigerian roads have genuine motor insurance, as the rest either have fake certificates (most owners are not aware of) or are not covered at all. The report also stated that a number of car owners who had original insurance policies also failed to renew when they…