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Are carriers responsible for the loss of value a third party's vehicle sustains after an accident caused by a policyholder?
Higher prices are impacting insurance customer satisfaction. It can help to educate insureds about the whys.
Fraud adds 5%-10% to the overall amount in claims paid after a disaster, according to the National Insurance Crime Bureau.
Personal auto insurance rates are anticipated to increase around 12% during the coming year, ValuePenguin reports.
These rate increases will be driven by more frequent severe weather events and elevated repair costs.
According to Forbes Advisor, 91.7% of households in the United States had at least one vehicle in 2021.
The agent impersonated a college employee and fraudulently set up an insurance financing agreement.
Renters in Wyoming and Alaska see an average premium of about $8/month, the lowest in the U.S.
Few drivers on the road are more risky to insure than teenagers.
More than 20% of U.S. drivers bought less coverage than they desired as a way to save money in 2023.