Auto insurance rates are high in Detroit

michigan auto insurance

Detroit is home to some of the highest car insurance rates in the country Owning a vehicle in Detroit, Michigan, is quite expensive, according to a new study from InsuranceQuotes.com. The study highlights the cost of auto insurance coverage throughout the U.S., taking note of where insurance rates are highest. Notably, Detroit is home to some of the highest insurance premiums in the U.S. The city’s rates are even higher than those found in New York City, where auto insurance has long been plagued by fraud and other issues. Rates…

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Auto insurance pricing “scheme” warning issued by Consumer Federation

auto insurance car

A leading consumer advocate is cautioning Americans regarding the importance of shopping around. Many American drivers have held a policy with the same auto insurance company for many years and while they know that they would likely be able to save a little bit on premiums by shopping around, they often remain loyal to the same company for one reason or another. The Consumer Federation of America has warned that there is a high price that can come with loyalty. According to the alert that was recently issued by the…

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Auto insurance no-fault program in Michigan faces appeal

auto insurance car policy

The system is going to be headed to the state Supreme Court due to the high rates it has caused. A group called the Coalition Protecting Auto No Fault (CPAN) has filed a lawsuit against a private fund that provides people with reimbursements when they have been seriously injured in vehicle accidents, as they claim that this is driving auto insurance rates higher. The group is seeking to determine how insurance rates are being affected by this practice. The issue that the CPAN is hoping to resolve primarily concerns information.…

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Auto insurance premiums are on the rise in Massachusetts

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Premiums continue to climb since state stopped regulating the auto coverage sector in 2008 Auto insurance is becoming more expensive in Massachusetts. The state is currently home to some of the most expensive auto coverage in the U.S., which is calling into question whether or not regulators should begin overseeing the auto insurance sector once again. In 2008, the state stopped regulating coverage for drivers. For a time, this caused insurance rates to drop by some degree, but they quickly shot up again as insurers sought to generate more profit…

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Auto insurance rates for families adding teen drivers in Utah heads 89 percent higher

teen drivers

Coverage for adolescents behind the wheel in the state is now tied for the fifteenth highest increase. It isn’t much of a secret that auto insurance coverage for a teen driver can be quite a costly purchase, but families in Utah are watching their family policies skyrocket in cost as they add an adolescent to their coverage. A new report has shown that the average annual premium increase for these drivers was 89 percent. The report was issue by insuranceQuotes.com and it showed that this auto insurance premiums increase was…

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