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Another pain point for US drivers: Car insurance costs
The cost of car insurance goes up The rise in gas prices is not the only cost borne by current U.S. drivers. Insuring a vehicle costs around $ 700 more now than before the coronavirus pandemic, industry data shows. The typical motorist will spend $ 1,771 on car insurance this year, up nearly $ 100…
Car insurance for 2022 is on the rise and forecast
BOGGAN Approved auto insurance rate increasesContents1 Approved auto insurance rate increases1.1 States with the highest auto rate percentage increases1.2 States with the lowest auto rate percentage increases1.3 States with the most impactful premium increases2 What will happen with auto insurance rates throughout 2022?3 The bottom line4 Methodology Jump States with the highest auto rate percentage…
NJ must ban car insurance companies from using credit scores to set rates, advocates say
A group of New Jersey advocates is urging the state to ban auto insurance companies from using a person’s job, education or credit score to determine prices. They say the practice translates into low-wage drivers who pay higher premiums than richer motorists. “You may have a doctor or a lawyer or some other type of…