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Auto Insurance Shopping Elevated As Loss Costs Potentially Moderate

Insurance Journal

As industrywide auto insurance loss costs appear to be moderating, consumers continue to shop policies at elevated rates, according to the latest quarterly Insurance Personal Lines and Perspectives report from TransUnion. The American consumer credit reporting agency found that the …

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Changes to Washington Homeowners and Auto Premium Rule to Be Considered

Insurance Journal

Washington Insurance Commissioner Mike Kreidler has proposed modifying the state’s recently adopted premium change transparency rule. The proposal is specific to Phase 2 of the rule (the automatic inclusion of reasons for premium increases in policy renewals). It moves the …

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Americans Shop Around for Insurance More Than Ever as Costs Soar

Insurance Journal

Americans are seeking to change their insurance coverage more frequently than in the past, after a surge in premiums that’s squeezed household budgets, a new industry report shows. For car insurance, so-called policy shopping rates — essentially the share of …

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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. Senate Bill 1107 , which increases minimum insurance requirements, is expected to further drive up premiums statewide.

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What Agents Should Know About Tariffs and Insurance Costs

American Agents Alliance

Rising expenses could perhaps cause higher insured values, leading to policy adjustments and higher premiums. Many industries are feeling the uncertainty of tariffs and changing trade policies, which can make underwriting more challenging and pricing less certain. Education is often the first step.

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The Key Factors That Influence Your Auto Premiums

Boyle Agency Insurance

Auto insurance rates vary from person to person and vehicle to vehicle. That’s because several factors influence the cost of auto insurance premiums. Understanding these can help you make informed decisions about your coverage and potentially save on your auto insurance.

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Do I Need More Insurance Coverage If I Have an Expensive Car?

Paragon Independent Insurance Agencies

You’ll pay for premiums covering liability, collision, comprehensive, and all the other major categories you would find in a standard auto insurance policy. Many insurers offer coverage to owners of high-end vehicles as well as those who own less expensive cars. Contact us today to get started on your policy.