Car insurance savings from pandemic likely to disappear and rates may rise

Car insurance savings - parked car

Many insurers are likely to begin requesting rate increases, particularly in states such as Florida. Millions of drivers across the United States have been benefiting from car insurance savings in different forms since the start of the pandemic crisis. Some insurers issued refunds, while others provided rebates and yet others lowered their rates. That said, it appears that rates may be returning to normal and some may even be increasing. A recent ABC Action News report pointed to at least one major insurer that would be seeking to raise auto…

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