A few years ago, subscription cars were labeled as the automotive industry’s next big thing. Despite its appeal, the subscription model (which bundles the car, insurance and maintenance into a single, no-obligation monthly payment) never took off. You can still subscribe to a car today, but the pool of providers has shrunk considerably. However, subscription…
Higher prices on auto repairs and medical treatments increase what auto insurance companies pay to settle claims. Insurance providers often don’t absorb those increases – they pass them on to you as higher auto insurance premiums. Find out what claim-related costs are becoming more expensive, why these trends are affecting your insurance rates, and what…
A ticket, at-fault accident, or driving-related conviction can appear on your driving record and increase your insurance rates. The amount of the increase varies. The type of violation, whether it was your first violation, whether you have accident forgiveness protection, and other factors can influence how a new ticket or accident affects your insurance costs….
