Consumer Price Index (CPI) data from December 2023 to December 2024 showed that the cost of motor vehicle insurance increased 11.3% nationwide, second only to the rising price of eggs. At the end of ...
Car insurance prices are expected to increase an average of 7.5% in 2025. That's a significant slowdown from the past two years, when car insurance rates rose an average of 16.5% in 2024 and 12.0% in ...
An auto insurance worker has taken to TikTok to bust several insurance myths that drive American motorists around the bend. In a video that quickly went viral, TikTok user @jai.duhh shared five auto ...
Auto insurance helps protect drivers from unexpected costs, and providers help hedge their bet by charging cheaper premiums for “low-risk” drivers and higher premiums for “high-risk” drivers. U.S. car ...
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Penny Gusner is a senior insurance writer and analyst at Forbes Advisor. For more than 20 years, she has been helping consumers learn how insurance laws, data, trends, and coverages affect them. Penny ...