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…
Tag: Car Insurance
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…
Should Car Insurance in the U.S. Be Based on Driving Behavior Alone?
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…
How to Choose the Right Auto Insurance: Key Coverage Options and Tips for Saving Money
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…
Top 10 Luxury Cars with the Highest Insurance Costs and How to Manage Them
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…
8 Common Myths About Car Insurance Debunked
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…
10 Cars That Are Surprisingly Cheap to Insure in The UK
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…