WHY AUTO INSURANCE COSTS ARE RISING AND WHAT CONSUMERS CAN DO ABOUT IT
Experience the full interactive Multichannel News Release here: https://www.multivu.com/players/English/9219951-american-property-casual...
- Experience the full interactive Multichannel News Release here: https://www.multivu.com/players/English/9219951-american-property-casual...
The answer is for the simple reason that the cost of the things auto insurance pays for has been rising faster than premiums. - Some of the key contributors to rising costs include cumulative years of record-high inflation that have greatly increased the cost of repairing and replacing cars.
- All indicators suggest elevated auto repair and replacement costs will stretch well into 2024 and potentially beyond.
- 5 Consumer Tips to Lower Your Auto Insurance Premiums:
Contact your insurance company or agent for a policy review.