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Why Rates Rise
Inflation, repairs and the forces behind the bill.
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Car Repair Costs Have Risen Nearly Twice as Much as Inflation Over the Last 7 Years
3+ hour, 22+ min ago (360+ words) The price of getting your car repaired has risen dramatically over the last seven years by 60 percent. The shocking statistic is partly due to the fact that we have more technology powering our cars. But the spike in prices is…...
Half of Americans avoid filing insurance claims, survey finds
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Ask the Expert: Are you paying too much for car insurance?
1+ day, 19+ hour ago (451+ words) Got a question for Paul? Email him at [email protected] A: Insurance companies take advantage of loyalty: yours, mine and everybody’s. If you stay loyal they gradually ramp up the premium without giving any benefit. Change companies and do it now....
Fraudulent claims cannot justify higher premiums, say consumer groups
2+ day, 17+ hour ago (640+ words) KUALA LUMPUR: Consumers should not be unfairly burdened due to fraudulent or manipulated motor insurance claims, the Federation of Malaysian Consumers Associations (Fomca) said. Fomca chief executive officer Dr T. Saravanan said the reality was that rising claims costs would eventually…...
Nevada 18-Year-Old Says They're Being Quoted $814 for Auto Insurance: 'This Is a Flat-Out Scam"
3+ day, 9+ hour ago (228+ words) Just because it’s understandable doesn’t make it acceptable Firedrgn says they tried to inquire why the cost was so high, and “all they had to say was it’s because of my age and where I live.” They initially paid $350 for…...
9 Best Pet Insurance Companies of October 2026 - AOL
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Insurance Sold via TV Ads Shows Triple the Mis-selling Rate
5+ day, 11+ hour ago (218+ words) Insurance Ads Jump 67% From a Year Earlier Regulator Says Spots Play on Consumer Fear Insurance policies sold through broadcast advertising showed a mis-selling rate three times higher than those sold through other channels, South Korea's Financial Supervisory Service said. The…...
Bottoms drives home policy on gas prices, car insurance rates
5+ day, 16+ hour ago (23+ words) Calling it her “Drive Plan,” Bottoms said the policies together would help lower fuel prices and the cost of car insurance for drivers....
Enhanced insurance cover for West Asia exports extended to March 2027
6+ day, 4+ hour ago (211+ words) Indian exporters will continue to receive upgraded insurance protection against buyer payment defaults until March 31, 2027. The expanded coverage is part of an initiative to support exporters during ongoing challenges. Previously, the eligibility was set to expire after September 30, affecting shipments…...
Sports car insurance: Why premiums can vary in cost
6+ day, 14+ hour ago (29+ words) KUALA LUMPUR: Sports car owners in Malaysia may pay different insurance premiums for vehicles of similar value, as insurers assess several factors when determining risk. What To Read Next...