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6 ways to save on car insurance in 2021
Boonchai Wedmak People are driving again. An analysis published by Apple shows that mobility is significantly up in the US since last year, when the COVID-19 lockdown was much firmer. With the school year in full swing and many employees returning to the office, a lot of people are traveling and driving more. Though some insurance carriers reduced premiums and offered discounts during the height of the pandemic, according to the Insurance Information Institute, as the world slowly returns to normal, some experts are forecasting an auto insurance cost spike. If you’re driving more, your auto insurance premium might
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Here’s what is driving up auto insurance costs, and how to keep yours low
Auto insurance costs are rising as fatal accidents increase. Here’s how you can save. (iStock) The average cost of car insurance in 2021 has been driven up by a variety of factors, but there are steps you can take to keep expenses for your insurance policy low. A rise in accident frequency and severity, as well as supply challenges amid higher demand for vehicles and parts, have accelerated the cost increase, according to a new white paper from the American Property Casualty Insurance Association (APCIA). “This new study highlights recent trends in the U.S. auto insurance market that
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Three Residents Indicted for Insurance Fraud by Grand Jury
Three Residents Indicted for Insurance Fraud by Grand Jury – State of Delaware News Read the latest news on coronavirus in Delaware. More Info NEWS FEED Augustine Beach Boat Ramp Temporary Closure Extended Through Oct. 28Date Posted: October 18, 2021 Delaware Natural Gas Prices Set to Rise Ahead of Winter Heating SeasonDate Posted: October 18, 2021 Historical Affairs Programs in November 2021Date Posted: October 18, 2021 In Memoriam: General Colin L. PowellDate Posted: October 18, 2021 Three Residents Indicted for Insurance Fraud by Grand JuryDate Posted: October 18, 2021 Governor Carney, DHSS Formalize Vaccine or
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California pushes for auto insurance refund checks due to less driving during pandemic
Three auto insurance companies in California are receiving increased pressure from the state to issue auto insurance refunds due to the lack of driving during the pandemic. (iStock) California is taking action against three auto insurance companies, directing them to reimburse their drivers for premiums they were charged at the start of the pandemic. The three companies in question include Allstate Northbook Indemnity, Mercury Insurance and CSAA Insurance Exchange, which provide insurance to about 20% of Californian drivers, according to an Oct. 6 press release from the state’s department of insurance. Data analysis by the department showed these
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Tesla Auto Insurance Expanding into Texas This Week
Tesla will launch its own brand of auto insurance in Texas this week, founder Elon Musk said during a Oct. 7 shareholders call addressing the company’s headquarters relocation from Silicon Valley to Austin, Texas. In January the state insurance department approved a revised policy form submitted by Redpoint County Mutual Insurance Co. for a Tesla Insurance program for private passenger autos. Based in Austin, Redpoint primarily writes private passenger automobile insurance through independent managing general agencies. Redpoint will underwrite Tesla’s Texas insurance program, which will be distributed through the Tesla Insurance Services of Texas Inc. (Tesla), an MGA formerly known
