Auto insurance affordability is a concern for 40% of US drivers

Auto Insurance - 40%

A recent survey has found that the cost is a major cause of stress for many motorists. The combination of the high annual inflation rate means that the cost of living is a growing challenge for Americans, and auto insurance has become a stressful concern. A recent survey showed that 43 percent of insured drivers had experienced a rate hike since last year. The survey was conducted by PolicyGenius. It showed that 43 percent of drivers were paying more in 2023 for their auto insurance coverage than they did in…

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Automakers are looking to turn car insurance on its head

Car insurance - Tesla on building

Tesla and General Motors want to define themselves as top players in a whole new industry. Tesla and GM are both looking to take on car insurance in multiple states in order to provide their customers with a new way to obtain coverage that the automakers are aiming to make less expensive than traditional alternatives. Tesla’s auto policies are available in five states, with a target to bring them to 45 by the close of 2022. Tesla may not have much reach in the current car insurance market, but it…

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Electric vehicle insurance is cheapest for these 10 models, says Mercury

Electric vehicle insurance - electric vehicle sign

The insurer has released a list of the top 10 models of EVs for affordable coverage. Electric vehicle insurance is one of the main costs potential owners consider before they decide that an EV is the right choice for them. After all, this is an ongoing expense that will help to determine the amount paid for the vehicle’s lifetime. Mercury has released a list of the top 10 most affordable electric vehicle insurance models, based on calculations for the coverage they provide. This was, in part, to place the spotlight…

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Mercury releases list of SUV models for the cheapest auto insurance

Cheapest Auto Insurance

The insurer has identified the top sport utility vehicles for affordable policies. A major factor worth considering in the purchase of a new sports utility vehicle (SUV) is whether it will qualify for the cheapest auto insurance. Coverage is an ongoing cost that will continue for the entire lifespan of the vehicle. By taking premiums into consideration, even a slightly more expensive SUV that has the cheapest auto insurance could end up being the most affordable vehicle to own over its lifetime. Since SUVs are now notably more popular than…

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Discounted auto insurance will extend well beyond Detroit

car auto insurance

The Senate Insurance Committee has passed an amended version of the plan put forward by Mayor Mike Duggan. Senators in Michigan have now passed an amended version of the reduced rate auto insurance plan that had been put forward by Detroit Mayor Mike Duggan, which would provide discounted coverage to cities that have a minimum population of 500,000 and in which at least half of all of the drivers are insured. The amendments to the D-Insurance plan have broadened the reach of the program to smaller cities. The senators voted…

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Top Safe Driving Apps List Released By Insurance Panda

InsurancePanda.com Auto Insurance

Insurance Panda, an auto insurance quote comparison website located in Manhattan, NYC, has released a list of the top “safe driving” mobile applications. These apps, which are readily available for devices like the iPhone, Android, Blackberry, and iPod, help people stay safe on the road. Application functionality ranges from helping the elderly stay focused while driving to helping young drivers learn how to drive. The InsurancePanda.com list includes apps for drivers of all shapes and sizes. The article posted on InsurancePanda.com states that mobile phones, smartphones, and mobile devices are…

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Santa Clarita Insurance agency helps California drivers save on premiums

save money on auto insurance

Family owned insurance agency since 1972, the business has built its reputation on beating challenging statistics. Drivers in California are battling with an unfortunate struggle, even in Los Angeles suburbs like the Santa Clarita valley, where this once quiet town is now seeing an increase of not only vehicle theft but auto insurance accidents due to a sharp increase in population within the area. Local  insurance Allstate agent, Kimberly Ellison and your full time staff, are working on solving the problem of the increasing Santa Clarita insurance rates by educating their clients in what coverages work…

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