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“They’re not price gouging,” Patricia Kwan of S&P Global Ratings told Yahoo Finance. “What caught the insurance industry by surprise is supply chain issues; there were a lot of...
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Vehicle insurance prices continue to soar despite overall easing inflation trends. See which states have the highest rates and where yours ranks.
On a monthly basis, car insurance prices as part of the consumer price index (CPI) rose by an unadjusted 2.7%, pushing the year-over-year increase to 22.2%.
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Electric vehicles require specialized parts and highly skilled labor to repair, which is likely to increase insurance costs as that market grows. Price war:Ford cuts price of Mustang Mach-E...
Elderly drivers have not been as lucky as other age groups. Those aged 80 and above have seen their average premiums only decline £8 year-on-year to £637. ; At the other end of the spectrum, drivers under 25 saw the largest drop in premiums, falling by £107 year-on-year. However, the average price is still a staggering £1,786. ; Julie Daniels, motor insurance expert at Compare the Market, said many motorists would be "thrilled" that prices are finally falling, especially after such a long time with steep hikes.
King Price Insurance is a South African-based, privately held insurance company that offers short term insurance. The company is best known for its monthly decreasing car insurance premium model. History King Price Insurance was founded by Gideon Galloway. The company received its initial ...