car-insurance-premiums-have-soared:-what-is-behind-the-spike?

Car Insurance Premiums Have Soared: What Is Behind the Spike?

Car insurance is a necessary expense for drivers, but premiums are getting pricey. Factors that contribute to the rising cost of car insurance policies include increasingly expensive repairs, risky driving trends, and litigation. Key Takeaways Car insurance premiums are expected to rise 7.5% in 2025, a continuation of an upward trend seen over the past

car-insurance-premiums-have-soared:-what-is-behind-the-spike?

Car Insurance Premiums Have Soared: What Is Behind the Spike?

Car insurance is a necessary expense for drivers, but premiums are getting pricey. Factors that contribute to the rising cost of car insurance policies include increasingly expensive repairs, risky driving trends, and litigation. Key Takeaways Car insurance premiums are expected to rise 7.5% in 2025, a continuation of an upward trend seen over the past