Automotive

More Americans Plan to Shop Around for Car Insurance as Costs Rise

U.S. auto insurance owners say they feel the pinch of rising prices, and a higher percentage plan to switch insurance providers. While just 6% say they switched in the last 12 months to save money, double that proportion (12%) say they plan to switch in the next 12 months, according to a new survey from...

Why Are Car Insurance Rates Going Up?

Drivers across the country have seen car insurance rates climb by 5%, 10% or even 20% in 2023. How high will rates go? What’s causing such a steep increase? And lastly, is there anything you can actually do to lower your rate?Inflation is driving up car insurance ratesEverything has gotten more expensive since 2021. Gas...

Did the Pandemic Make Us Worse Drivers?

If you get the sense you’ve been seeing more bad accidents on the road lately, you probably have. Crashes claimed an estimated 42,795 lives on U.S. roadways in 2022, according to the National Highway Traffic Safety Administration (NHTSA), a fairly dramatic increase over 2019 by more than 6,000 deaths. Though traffic on U.S. roadways plummeted...

Kia and Hyundai Thefts Could Affect Your Insurance Rate Soon

How familiar are you with the Kia Challenge?Even if you answered “Not at all,” you may have still heard about the TikTok trend of people hot-wiring and stealing Kias and Hyundais for fun.This was an alarming turn of events for the owners of around 8.3 million at-risk cars, a number estimated by the National Highway...

Can You Save by Bundling Insurance With a Car Purchase?

You’ve probably seen embedded insurance in the wild. Here's an example: Let’s say you buy a new refrigerator. During checkout, you’re asked if you’d like to get insurance for the item. That insurance policy, or “protection plan,” gets embedded into your purchase as a single transaction.Companies can offer insurance policies on everything from buying the...

3 Signs It’s Time to Break Up With Your Car Insurance Company

Sometimes, it pays to be a loyal customer. Airline miles, loyalty reward points, anniversary freebies, the coveted platinum membership tier — all of these incentives are designed to keep you committed to your favorite brands. But loyalty is typically a one-way street when it comes to car insurance."Insurance companies are there to make money," says...