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...
Soaring auto insurance costs have been a principle driver behind inflation over the past year... cutting rates later this year. Current market pricing is indicating an expected first cut in...
Relentlessly rising auto insurance rates are squeezing car owners and stoking inflation. Auto insurance rates rose 2.6% in March and are up 22% from a year ago.
Auto insurance premiums are climbing even faster, far outpacing overall inflation. Take Paul... "We are very concerned that these escalating premiums are going to lead to escalating rates...
DRIVER TYPE, NATIONAL AVERAGE ; Good driver, $169 ; After an accident with injury, $251 ; After an accident with property damage, $250 ; After a DUI, $280 ; After a speeding ticket, $211 ; Poor credit, $321 ; Parent adding a teen driver, $364 ; Young driver (18 to 25), $309 ; Senior driver, $179
Best customer satisfaction: Amica Mutual ; Best affordability coverage: GEICO ; Best for military: USAA ; Best for teen drivers: State Farm ; Best for discounts: Farmers Insurance
Comparing quotes may help you find the best auto insurance.
Key Takeaways ; USAA is rated highly for customer service, claims handling, and discounts. ; Auto-Owners was second in our rating and at or near the top of all subcategories we analyzed, including customer service and claims handling. ; Car insurance rates vary based on many factors. Shopping around can help you find a policy that fits your budget.
Auto insurance has among the highest inflation rates of any consumer good or service. Insurers have juiced premiums to compensate for losses.
Car prices have been surging, but so have auto insurance rates. Consider these moves to try to keep your rate increases in check.