Auto Insurance Rate Hikes Erode Price Satisfaction, Drive Surge in Value Shopping

auto insurance rates

Auto insurers are caught between a rock and a hard place. On one side: runaway demand in used vehicles that drove prices up an average of 41% in 2021, pushing vehicle replacement and repair costs into uncharted territory. On the other: frustrated customers, disillusioned by the rate increases insurers have introduced to confront these rising… Continue reading Auto Insurance Rate Hikes Erode Price Satisfaction, Drive Surge in Value Shopping