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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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North Carolina New Minimum Auto Insurance Requirements 2025

TGS

TGS Insurance Blog Understanding the New North Carolina Minimum Auto Insurance Requirements Effective January 1, 2025 Starting January 1, 2025, North Carolina will implement new minimum auto insurance requirements, marking a significant update to the state’s financial responsibility laws.

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Why Are Personal Auto Insurance Rates Increasing?

Scott Insurance

is facing higher-than-normal increases to their auto insurance premiums. According to Bankrate , an independent publisher and comparison service, auto insurance in the U.S. Therefore, if the costs associated with an accident increase, insurance premiums will follow suit.

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Driving Without Insurance in Florida

TGS

The state mandates that all registered vehicles carry minimum auto insurance coverage as the Florida Financial Responsibility Law outlines. 10,000 in Property Damage Liability (PDL): Pays for damage you cause to someone elses property in an accident. This often comes with higher premiums.

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New Triple-I Issue Brief Puts the Spotlight on Georgia’s Insurance Affordability Crisis

Triple-I: Homeowners Insurance

Homeowners in Georgia’s most climate-risk-vulnerable counties , such as the coastal and most southern parts of the state, can face double-digit premium hikes or nonrenewals. For example, the IRC findings across personal auto lines show a dual trend in Georgia of increased claims and litigation.

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

American Agents Alliance

The legislation, effective January 1, 2025, will increase the current minimum of $15,000 per claimant and $30,000 per occurrence for bodily injury, and $5,000 for property damage (15/30/5), to $30,000 per claimant, $60,000 per occurrence for bodily injury, and $15,000 for property damage (30/60/15).

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Protect Your Finances: The Truth About Small Insurance Claims

Shield Insurance Agency

Shield Insurance Blog | Small Insurance Claims | Contact Our Sales Team! Small Insurance Claims Can Raise Premiums Small insurance claims, such as those for minor property damage, may seem like a hassle to deal with.