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A new year means more car insurance rate increases for millions of drivers in the U.S. However, this year's bump won't be as extreme. Here's what to look out for.
Credit: Better credit often translates to better car insurance rates. So paying off debt, making payments to creditors on time, and keeping old credit cards open can all help here.
The median telematics insurance savings for drivers ages 60 to 69 are $115 annually, while those 70 and older save around $93 per year, according to a Consumer Reports survey of more than 40,000 ...
The company planned to use the additional funding to create educational tools that explain to drivers what's behind their rates, and how they can reduce rates while increasing coverage. [ 15 ] In 2017, The company announced a $40 million series B funding round, led by Accel Partners, bringing their fundraising total to $61.5 million. [ 16 ]
But today, drivers in Texas—home to the nation’s largest insurance-rate increase—are facing rates 45.5% higher than two years ago. Some 15 states have seen average rate increases of 30% or ...
Commercial insurance for vehicles owned or operated by businesses functions quite similarly to private auto insurance, except that personal use of the vehicle is not covered. Commercial insurance pricing is also usually higher than private insurance, due to the expanded types of coverage offered for commercial users. [2]
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