The Future of EV Insurance: Tailored Coverage for Electric Vehicle Owners
As electric vehicles (EVs) gain popularity, the insurance industry is also adapting to meet the unique requirements of eco-conscious drivers
Auto Insurance
Basic personal auto insurance is mandated by most states and provides you with some financial protection in case of an accident. But is it enough? What are the options?
Auto insurance is a contract between you and the insurance company that protects you against financial loss in the event of an accident or theft. In exchange for your paying a premium, the insurance company agrees to pay your losses as outlined in your policy. Your auto policy will cover you and other family members on your policy, whether driving your car or someone else’s car (with their permission). Your policy also provides coverage if someone who is not on your policy is driving your car with your consent.
Auto insurance provides coverage for: Property, Liability, Medical.
Autoinsurance coverages are priced individually (a la carte) to let you customize coverage amounts to suit your exact needs and budget.
Policies are generally issued for six-month or one-year timeframes and are renewable. The insurance company sends a notice when it’s time to renew the policy and pay your premium.
In this section, we have collected the most current articles and reviews on the topic of the Auto Insurance.
Rising Auto Insurance Costs in 2025: Tariffs, Claims, Market Impact
Auto insurance premiums in the U.S. could rise 14% by the end of 2025 due to new tariffs on imported vehicles and parts
10 Key Types of Car Insurance Coverage
Compare auto insurance types. Selecting the right car insurance coverage requires understanding the available options and how they protect against different risks
Auto Theft Insurance Claims Surge in Atlantic Canada, Increasing Costs
Atlantic Canada has become a growing target for auto theft, according to the Insurance Bureau of Canada. In the 2024, auto theft claims in the region rose by 13%
U.S. Commercial Auto Insurance Achieves Underwriting Profitability for Years
U.S. commercial auto insurance has struggled to achieve underwriting profitability for years, even before the inflationary conditions that have been affecting P&C insurance
U.S. Personal Auto Insurers See Strong Recovery, Growth Expected in 2025
The improving 2024 results for U.S. personal auto insurers are expected to persist through the rest of 2024 and into 2025. Significant price hikes and easing claims severity
New UK Government Will Claim to Reduce Car Insurance Hikes
The UK Government can reduce claims costs to lower car insurance prices, according to industry experts. The Labour Party, which polls indicate is win the general election
2025 Personal Auto Insurance Rates Overview
Personal auto insurance underwriting profitability appears to finally be headed in a positive direction after recent years of record underwriting losses
U.S. Commercial Auto Insurance Market: 2023 Results
US commercial auto insurance premiums increased year over year in 2023, according to S&P Global Market Intelligence. The sector will see a combined ratio of 97–98%
Types of Telematics Insurance: Usage-Based Insurance, Pay-As-You-Drive & Pay-Per-Mile
Telematics insurance – usage-based insurance, pay-as-you-drive & pay-per-mile insurance, that you can get a discount on your car insurance
TOP 20 US Auto Insurers Underwriting Results
The US auto insurance industry had a year to forget as the business line reported its worst underwriting results in over two decades
Technologies Will Transform Auto Insurance & Automotive Landscape
Autonomous vehicles will drive the transformation of the motor / auto insurance market, according to Moody’s Investors Servic
EV Insurance. Impact of Electric Vehicles on the Insurance Industry
As the world is gearing up for a shift to allow environment-friendly electric vehicles, the changing landscape presents opportunities for the motor insurance industry
Impact of Social Inflation for P&C Insurance & Commercial Auto Insurance Costs
The phenomenon of social inflation has garnered a great deal of attention in the property and casualty (P&C) insurance industry
Usage-Based Auto Insurance Programs Have a Dramatic Increase
Usage-based auto insurance programs have seen a dramatic increase, according to a new report, the consumer data
Why Are Auto Insurance Rates Increasing? 6 Key Factors
Auto insurers price their policies based on a number of factors. Sometimes these cost factors go up, and sometimes they go down
How Much Does Auto Insurance Cost in United States? Cheapest & Expensive States
The best auto insurance companies in each state provide liability, comprehensive, collision, PIP, and uninsured & underinsured motorist coverage
6 Major Types of Car Insurance in U.S. What Kind of Auto Insurance Do You Need?
There are many types of vehicle insurance – and the laws, maximum levels of coverage, and definitions can vary from state to state
Who Should Be Listed on Car Insurance Policy?
Insurance companies typically require that all licensed drivers in a household be listed on the auto insurance policy except unlicensed teenagers or younger members under 14
How New Trends are Shaking Up the US Auto Insurance Industry
The approximately $260 billion US auto insurance market is on notice. The conventional US insurance market, currently dominated by internal-combustion-engine (ICE) vehicles
How to Reduce the Premium in Car Insurance & Third-Party Liability Insurance?
While the former insurance covers any damage or injury incurred by a third party in case of an accident, the latter insures the damage suffered by your car
U.S. Auto Insurance Performance & Underwriting Results Drops on Inflation
U.S. personal auto insurers saw a sharp deterioration in underwriting performance for 1H2022, according to mid-year segment results from public company GAAP filings
California’s Insurance Market: The Case for Risk-Based Pricing and Data-Driven Mitigatio. California’s insurance availability/affordability challenges
Life reinsurers based in Bermuda have recorded increased activity as annuity sales rise in the U.S. and recent regulatory changes
As electric vehicles (EVs) gain popularity, the insurance industry is also adapting to meet the unique requirements of eco-conscious drivers
Lightning causes significant fire risk to small and medium-sized enterprises (SMEs), resulting in annual damages of several billion dollars