Auto Insurance Rates Rise up to 4% in Florida

Auto Insurance Rates Rise up to 4% in Florida

In Central Florida, car insurance rates are up 4% from a year ago, according to The Zebra, which is the nation's leading insurance comparison site. This represents an increase of 3% on average across the nation.

Car Insurance Rates Expected to Rise 5% in 2022

Car Insurance Rates Expected to Rise 5% in 2022

Auto insurance costs are on the rise, as they are with many other things right now. As of 2022, the average annual cost for car insurance is expected to increase to $1,707, up from $1,663 in 2021, according to Insurify.

Car Insurance Reform Could Negatively Impact Rural Residents

Car Insurance Reform Could Negatively Impact Rural Residents

Shannon Perkins, a Hancock, Mich., native with lasting injuries from an auto accident, warns that the reforms passed for auto insurance come with a price. Michigan has become a leader in treating traumatic brain injuries in medical facilities because of the higher payments that accompany lower premiums.

Rates at Allstate Increase as Claims Severity Rise

Rates at Allstate Increase as Claims Severity Rise

According to company officials during a recent earnings conference call, the auto insurance company, Allstate, focused on increasing returns in that part of its business after its net income declined in the third quarter of 2021.