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Here's why your car insurance is more expensive these days

Dec 13, 2023
Motor vehicle insurance costs are up 19.2% from last year.
An uptick in extreme weather, which can cause damage to vehicles, is one reason car insurance is getting more expensive.
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Why are there so many auto insurance commercials?

Nov 4, 2022
Car insurance companies spend billions each year trying to reach TV viewers and keep ahead of the competition.
Drivers in nearly every state are required to have insurance.
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Some auto insurers offer discounts as COVID-19 curtails driving

Apr 7, 2020
The calculation is that fewer cars on the road result in fewer accidents, and savings on insurance payouts.
Driving is down 35% to 50% across the country, meaning fewer crashes, Allstate CEO Tom Wilson says.
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A peek into how car insurance pricing works: You might be paying too much

Feb 25, 2020
Where does that number on your car insurance quote come from? A big factor might be just your ability to pay.
Allstate's rating plan for insurance customers in Maryland offers a glimpse into a potential future where companies charge people different prices based on their behavior or expected willingness to pay.
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Why are auto insurance premiums growing more slowly in California than elsewhere?

Feb 12, 2019
Want to save money on your car insurance? Forget about lizards, ducks or talking boxes, according to a new study from the Consumer Federation of America, and push for better regulation. The consumer advocacy group says that’s the way rates have been brought under control in California, where premiums have grown less than a quarter as […]
A new report by the Consumer Federation America suggests it's due to strict regulations.
Pattanaphong Khuankaew/iStock/Getty Images Plus

Money may matter more than age when it comes to teen drivers

Jan 17, 2019
As the cost of cars, insurance and drivers ed has climbed, the number of teen drivers has fallen.
"It's much harder for a teenager to be able to afford a car or pay for the costs of driving than was the case 20 years ago,” said Robert Foss, director of the Center for the Study of Young Drivers at the University of North Carolina.
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Insurers hike rates as automotive deaths spike

Mar 1, 2016
We're paying for an increase in motor vehicle accidents.

For public good, not for profit.

African-Americans paying higher auto insurance rates

Nov 18, 2015
A new report illuminates serious problems with auto insurance premiums that the CFA is urging legislators and regulators to address.

If cars don't need drivers, do drivers need insurance?

Mar 24, 2015
The auto-insurance industry could lose billions in the shift to automated cars.

Walmart wants to sell you auto insurance

Apr 30, 2014
Walmart has a new service to compare premiums and get auto insurance.