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Keeping Coverage Affordable: California Drivers Will See Auto Insurance Rate Increases in 2025

Freeway Insurance

New Legislation Means Many California Drivers Will Need More Coverage in 2025 Now that 2025 is here, many California drivers will face another significant auto insurance rate increase. This latest change could disproportionately affect communities where insurance costs already strain household budgets.

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The Real Cumulative Cost of an Auto Insurance Claim

Freeway Insurance

Car insurance claims are important because they help you feel more confident when unexpected and costly problems arise with your car. Immediate Costs of an Auto Insurance Claim When you have to deal with an auto insurance claim, it can be surprising how quickly the bills add up. Think of it as a participation fee.

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Adding a Second Car to Insurance: What to Know Before You Drive Off

TGS

For example, if your second car is a brand-new SUV, you may want to opt for comprehensive coverage with lower deductibles. On the other hand, an older vehicle that’s mostly used for quick errands may only need liability insurance. Just be prepared for a higher bill compared to insuring only one vehicle.

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Save Money on Small Business Insurance in California

Jackson & Jackson

For example, businesses in California’s earthquake-prone areas may consider adding earthquake insurance to their policy to protect their property from potential damage. Companies that rely heavily on technology and data storage may also benefit from cyber liability insurance to safeguard against data breaches and cyberattacks.

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Big Changes Ahead for California Auto Insurance: Senate Bill 1107 and What It Means for Agents

American Agents Alliance

Another possibility is an uptick in participation in California’s Low-Cost Auto Insurance Program. This state-sponsored initiative offers affordable liability insurance to low-income drivers and may become even more attractive as premiums increase. He can be contacted at 310-299-5500 or mrobinson@mrllp.com.