California auto insurance rates are skyrocketing: Here’s why and how to save
4 months, 1 week ago

California auto insurance rates are skyrocketing: Here’s why and how to save

LA Times  

The cost of auto claims has soared across the United States since the start of the COVID-19 pandemic, according to the Insurance Information Institute. Business Californians, brace for another bill increase: your car insurance California car insurance regulators approved some big rate increases in the last six months after a long COVID break. Business Surging auto insurance rates squeeze drivers, fuel inflation Relentlessly rising auto insurance rates are squeezing car owners and stoking inflation. Reconsidering coverage The age of your car also determines what kind of policy you’re offered and how much it’ll cost, Giusti said.

Insurance Car Auto California Coverage Cost Covid Rates Your Car Giusti Full Coverage Insurance Rates  giusti  rates  car  coverage  credit  heres  insurance  auto  policy  skyrocketing  cost  save  california  information

History of this topic

Editorial: California’s next affordable housing crisis is the rising cost of property insurance
6 months, 1 week ago

Editorial: California’s next affordable housing crisis is the rising cost of property insurance

LA Times  

Interior patio at Amani Apartments, build with funds from Proposition HHH to provide 53 permanent apartment homes to seniors who formerly experienced homelessness that opened in 2022. Now a growing problem for the state’s homeowners has hit affordable housing providers especially hard: skyrocketing property insurance rates. In the last couple of years, organizations that build and maintain affordable housing report …

Surging auto insurance rates squeeze drivers, fuel inflation
7 months ago

Surging auto insurance rates squeeze drivers, fuel inflation

LA Times  

Relentlessly rising auto insurance rates are squeezing car owners and stoking inflation. Auto insurance rates rose 2.6% in March and are up 22% from a year ago. But auto insurance and car ownership costs have become a sticking point for consumers and the Federal Reserve in its battle to rein inflation back to its goal of 2%. “A fender bender …

Surging auto insurance rates squeeze drivers, fuel inflation
7 months, 3 weeks ago

Surging auto insurance rates squeeze drivers, fuel inflation

Associated Press  

NEW YORK — Relentlessly rising auto insurance rates are squeezing car owners and stoking inflation. But auto insurance and car ownership costs have become a sticking point for consumers and the Federal Reserve in its battle to rein inflation back to its goal of 2%. “The severity is really the thing that has influenced rates more over the last two …

Surging auto insurance rates squeeze drivers, fuel inflation
7 months, 4 weeks ago

Surging auto insurance rates squeeze drivers, fuel inflation

Associated Press  

NEW YORK — Relentlessly rising auto insurance rates are squeezing car owners and stoking inflation. But auto insurance and car ownership costs have become a sticking point for consumers and the Federal Reserve in its battle to rein inflation back to its goal of 2%. “The severity is really the thing that has influenced rates more over the last two …

'Everything is rising at a scary rate': Why car and home insurance costs are surging
9 months, 3 weeks ago

'Everything is rising at a scary rate': Why car and home insurance costs are surging

NPR  

'Everything is rising at a scary rate': Why car and home insurance costs are surging Enlarge this image toggle caption Courtesy of Ezra Croft Courtesy of Ezra Croft Ezra Croft has never filed an insurance claim, and his house in Raleigh, North Carolina isn't close to a stormy coastline or a fire-prone forest. "While a lot of these storms don't …

A major auto insurer returns to California — with a 30% price hike
10 months, 1 week ago

A major auto insurer returns to California — with a 30% price hike

LA Times  

California drivers can now buy an auto insurance policy directly from Allstate again, after the company hit pause on selling new insurance through its website or phone service to customers in the state last year. Allstate’s full return to the California auto insurance market only comes after regulators allowed the company to raise its rates by 30% on average across …

Buying Home and Auto Insurance Used to Be Routine. It’s Becoming a Nightmare.
11 months, 2 weeks ago

Buying Home and Auto Insurance Used to Be Routine. It’s Becoming a Nightmare.

Live Mint  

After Allstate suffered billions of dollars in losses and failed to get the rate increases it wanted, it resorted to the nuclear option. “I have never seen the overall market this bad," said Barry Gilway, a 52-year veteran of the industry who retired in 2023 as head of Florida’s Citizens Property Insurance, a state-created insurer of last resort that sells …

Why is it so hard for California drivers to get insurance?
1 year ago

Why is it so hard for California drivers to get insurance?

LA Times  

As if high gas prices weren’t making life miserable enough, California drivers are being buffeted by higher auto insurance premiums — if they can find coverage at all. Big name insurers have been saying for months that they “can’t get the rates they need from the state Department of Insurance,” said Mike D’Arelli, executive director of American Agents Alliance, a …

The scramble to fix California’s home insurance mess failed. Here’s what will happen next
1 year, 3 months ago

The scramble to fix California’s home insurance mess failed. Here’s what will happen next

LA Times  

The remains of a home smolders during the Caldor fire in Twin Bridges, Calif., on Sept. 1, 2021. Since the beginning of the year, companies representing more than half of California’s $12-billion home insurance market have stopped or limited new policies, citing ballooning costs and risks. Since the beginning of the year, companies representing more than half of California’s $12-billion …

Editorial: Climate change is making California more expensive. Home insurance is the latest bellwether
1 year, 6 months ago

Editorial: Climate change is making California more expensive. Home insurance is the latest bellwether

LA Times  

It’s bad news that California’s largest home insurance provider, State Farm, decided it’s too risky and expensive to sell new policies in the state. It’s even worse news that State Farm simply publicized what other insurance companies have been doing quietly for several years by refusing to renew policies and pulling out of communities at risk for wildfires. The company …

Healthcare premiums to rise an average of 6% on California’s individual marketplace
2 years, 5 months ago

Healthcare premiums to rise an average of 6% on California’s individual marketplace

LA Times  

A nurse attends to a patient in February at Emanate Health Queen of the Valley Hospital in West Covina. Individual health insurance premiums are set to rise by an average of 6% on the state marketplace next year amid rebounding demand for medical care and uncertainty surrounding federal financial assistance, Covered California said Tuesday. But California’s average 6% increase for …

How Californians are getting around high gas prices (or at least trying)
2 years, 9 months ago

How Californians are getting around high gas prices (or at least trying)

LA Times  

Ariana Escalante, on the February day she took delivery of her Tesla Model 3 long range. It’s been harder with the gas prices going up because I can’t go to the places that help me keep my head clear. I’m still keeping a positive spirit and hoping for the days that the prices go back down so I can drive …

Discover Related