Lawmakers may give auto insurance minimums a new look

New Jersey lawmakers may repeat raising some auto insurance minimums after most bills in a reform package backed by Senate President Nicholas Scutari failed to advance this summer. Sen. Joe Lagana (D-Bergen) introduced a bill Monday that would require auto insurance policies to include at least $50,000 in personal injury coverage, up from $15,000 under…

Car insurance costs keep rising and it’s likely to get worse – here’s why

If you feel like the price of everything has been increasing over the past year, you’re not alone. Prices across a wide range of consumer goods have risen steadily. Unfortunately, car insurance premiums have not escaped this trend. However, you may not know it yet because rate increases usually hit when you renew your policy….

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…

This Is the First Step to Getting the Right Car Insurance, According to Dave Ramsey

Buying car insurance? Here’s what Dave Ramsey says needs to be done ASAP. Here’s what Ramsey says is the first key step Ramsey’s recommended first step may surprise drivers who assume the first thing they should do is start looking into car insurance companies. But there is actually something Ramsey says to do before that….

With the cost of car insurance on the rise, it may be time to recheck your insurance

InvestigateTV – The latest Consumer Price Index (CPI) reported by the US Bureau of Labor and Statistics (BLS) shows motor vehicle insurance rates have increased 10.3% over the past year. With these rate increases, it is important to ensure that your policy provides you with sufficient coverage. Cate Deventer, a licensed insurance agent and writer…