Insuring a real race car is both challenging and expensive, with numerous factors influencing its insurability. In fact, insurance companies analyze gigabytes of data to assess whether a vehicle qualifies for coverage. However, we’ve condensed…
Every insurance provider wants your business, but how do you determine which company is best for your car insurance needs? Finding the right auto insurance requires research and careful consideration. This guide will cover the…
Consider this eye-opening statistic: the average cost of owning and operating a new car in 2023 was $12,182. Cars are expensive, and the financial strain extends far beyond the dealership. With rising interest rates, expensive…
Your Car's Safety Tech Could Lower the Risk of Accidents (Photo: Getty Images)
Why are auto insurance rates so high? If you ask around, you’ll likely hear that the blame is placed on various factors, from public insurance models to the rise in car thefts to the prevalence…
Uninsured drivers increase as affordability becomes a challenge (Credit: Ford)
Drivers face the financial risks associated with automobile use through auto insurance, which has become increasingly burdensome. With the sharp rise in premiums, American insurance customers must weigh their monthly expenses against the necessity of…
Are American Drivers Ready for Pay Per Mile Insurance Policies
The concept of pay-per-mile insurance policies is gaining traction in the United States as a potential solution for drivers who don’t use their cars frequently. This type of insurance charges premiums based on the number…
How Automakers’ Data Collection Practices Impact Car Insurance Rates and Consumer Privacy
Kenn Dahl, a 65-year-old software company owner from Seattle, was surprised when the cost of his car insurance spiked by 21% in 2022. As someone who considered himself a careful driver and had never caused…
How Your Driving Behavior Could Be Affecting Your Car Insurance Premiums
Car insurance companies promote telematics programs which track your driving behavior using a mobile app or a device installed in your car as a way to encourage safer driving habits. In return, drivers can save…
Auto Insurance Rate Hikes Slow in 2025, but Premiums Hit Record Highs for American Drivers
American drivers may experience a slight reprieve in 2025 as auto insurance rate hikes slow down. While premiums have risen for seven consecutive years, the rate increases in 2025 are expected to be smaller than…
Sports Car Insurance Costs Are Drivers Paying the Price of Speed
Owning a sports car is a dream for many automobile enthusiasts, but this dream comes with significant financial commitments, including high insurance premiums. Sports car insurance costs are often substantially higher than those for standard…
When it comes to auto insurance, even if you already own multiple vehicles, the process of purchasing a policy requires thoughtful consideration and research. Selecting the right car insurance isn’t just about getting coverage; it’s…
Auto Insurance Rates Soar by 22% in a Year as Pandemic Era Challenges Drive Persistent Increases
Auto insurance rates have experienced a sharp and sustained increase, rising 2.6% in March and 22% over the past year. While inflation in areas like food and energy has cooled, car insurance costs remain a…
Auto insurance is a vital consideration when purchasing a new vehicle, particularly high-end luxury or sports models. While these cars deliver unmatched performance and aesthetics, they also come with hefty insurance premiums. Factors such as…
Smart Ways to Save on Car Insurance Without Sacrificing Coverage Amid Rising Premiums
In recent years, car insurance premiums in the U.S. have surged, leaving many policyholders grappling with significant financial strain. Factors such as an increase in crashes, higher repair costs, and more litigation have driven these…
Today, we’re debunking some of the most common myths about car insurance. Have you ever heard that owning a red car will raise your insurance costs or that a ticket automatically spikes your premium? Keep…
Securing cheap car insurance can feel like an uphill battle unless you’re nearing retirement, boast a perfect driving record, and choose a modest, low-powered vehicle. For those of us in the “real world” — juggling…
