Your 18-year-old driver may be considered an adult, but the cost of car insurance can still be shockingly high because teenage drivers are considered high risk. However, there are ways to save money on coverage for teens. Shop around for the best rates and consider a safe driver discount if your teen has a clean driving record.
Hundreds of millions are at stake for Illinois drivers, who saw auto insurance premiums increase by more than $1.1 billion in 2022. Lawmakers in the state are pushing for greater transparency for insurers and better consumer protections, with the ultimate goal of reducing the cost of premiums.
Firefighters in Santa Paula spent several hours Thursday afternoon dealing with what initially was reported to be a vegetation fire in The Santa Paula area. Fortunately, the fire was contained and no structures were damaged. However, the situation is a reminder that fire can cause significant damage to property, and having the right auto insurance coverage is essential for protection.
NORFOLK, Va. - People registering their vehicles would be required to have auto insurance if a bill being considered in the General Assembly becomes a law. The bill would also require drivers to carry a minimum level of coverage to protect other motorists in the event of an accident.
OpenEyes, an insurtech serving commercial automotive fleets, today emerged from stealth with $18 million in Series A funding led by global venture capital firm Accel. The company provides innovative technology solutions to help fleet operators reduce their insurance costs and improve their risk management strategies.
The cost of auto insurance can vary widely depending on where you live and what type of coverage you need. It's important to shop around and compare rates from different companies to make sure you're getting the best deal.
Many insurance companies offer discounts for certain things like taking a defensive driving course, having a good driving record, or purchasing multiple policies. It's worth looking into these discounts to see if you can save money on your coverage.
If you have an older car, you may be able to get away with only carrying liability coverage. Liability coverage only pays for damages to other people's property and medical expenses, so it may be cheaper than comprehensive coverage, which pays for damage to your car as well.
If you're trying to save money on auto insurance, consider raising your deductible. This will lower your premiums, but you'll have to pay more out of pocket in the event of an accident.
Another way to save money on auto insurance is to bundle your policies. Many insurance companies offer discounts for customers who purchase multiple types of coverage, such as home and auto insurance.
Finally, driving fewer miles can help you save money on car insurance. The more you drive, the higher your premiums will be, so if you can reduce the amount of driving you do, you may be able to get a lower rate.