Browsing: auto insurance

A recent study by LendingTree highlights the states with the highest and lowest annual costs associated with owning a vehicle, with auto insurance rates playing a significant role.

TransUnion’s latest report reveals increased insurance shopping activity but mixed profitability, highlighting the impact of natural disasters and the importance of data-driven strategies.

CARFAX and Pinnacle Actuarial Resources have partnered to create the CARFAX Vehicle Build Score, designed to improve auto insurance rating accuracy.

State Farm reports improved financial results, driven by increased customer base and strategic investments.

Auto insurance prices have risen dramatically across the U.S., straining household budgets. This article examines the main factors behind the increase, including rising vehicle thefts, lenient criminal justice policies, regulatory issues, and inflation’s impact on the auto industry. It also explores the effects on consumers and possible solutions.

A recent report from LexisNexis highlights the challenges auto insurers face due to persistent risky driving behaviors, the rise of electric vehicles, and increased consumer rate shopping.

The American Property Casualty Insurance Association (APCIA) has voiced concerns that recently implemented tariffs on Mexico, Canada, and China could hinder reconstruction efforts following recent natural disasters.

OpenRoad Insurance, backed by Great American Insurance Group, announces its entry into the collector vehicle insurance market with a Texas launch and plans for a broader U.S. rollout later this summer.

Open Road Insurance LLC has launched as a managing general agency specializing in collector vehicle auto insurance, led by industry veteran Richard Hutchinson.

Many Ontario vehicle owners could soon see their insurance premiums rise, potentially affecting a wider range of vehicles than anticipated. The impact underscores the need for proactive measures to mitigate the financial burden.