Auto insurance has been increasing rapidly, so much so it contributed to recent hotter-than-expected Consumer Price Index (CPI). With rising costs hurting consumers, it's important to know what are...
Information from IIHS-HLDI on the basics of auto insurance.
Key takeaways ; Headline CPI motor vehicle insurance inflation has reached highs not seen since 1976, but estimates have also started to diverge widely. ; Headline CPI reported year-on-year auto inflation at 22.2% in March. ; Based on industry rate filings, we estimate annual motor insurance inflation at 14%, suggesting the headline CPI motor insurance print overestimates by 8 percentage points.
The provincial government's cap on auto insurance rates for Albertans deemed good drivers was touted as a short-term affordability measure. But some Alberta drivers have noticed that the cap isn’t...
English News Lesson on Auto Insurance: Rising auto insurance premiums fuelling inflation - FREE worksheets, online activities, listening in 7 Levels...
Learn about factors affecting the market that explain why your auto insurance premiums are increasing, as well as ways to help lower your auto insurance rate.
Here's a look at why insurance companies often use credit as a factor in setting rates. Your credit can significantly impact what you pay for auto, home and renters insurance.
Car insurance is a financial safety net that saves you from paying the full expenses that arise after a car accident, vandalism, damage, or theft. There are multiple types of car insurance you can purchase that will cover your vehicle, yourself, your passengers, and others on the road. Understanding the various types of car insurance coverage and their associated terms will help you decide what coverage is right for you. While many types of coverage are optional, some car insurance is necessary based on where you live and if you’re financing ...
Learn about factors affecting the market, ways to help lower your auto insurance rate and explain how optional coverage packages could help reduce out of…
Alberta could be switching to a no-fault auto insurance system. The CBC's Travis McEwan explains what it is — and what it could mean for the province's drivers.