INSURASALES

Tag: Auto Insurance

North Carolina Updates Auto Insurance Rules Effective July 1

North Carolina's new auto insurance rules effective July 1 introduce higher liability limits, surcharges for new drivers, and changes to moving violation points, affecting premiums and policy management.

Pennsylvania Proposes Major Increase in Auto Property Damage Coverage Minimums

Pennsylvania legislators propose raising auto insurance property damage liability minimums from $5,000 to $25,000 per accident, impacting insurer policy updates and pricing. Learn key details about House Bill 1666 and its market implications.

Auto Insurance Profitability Rising Amid Customer Satisfaction Challenges

U.S. auto insurance premiums have surged over 50% since 2019, boosting insurer profits but causing customer satisfaction to decline. The J.D. Power 2025 study reveals retention challenges and the importance of seamless omnichannel experiences.

Rhode Island Bans Auto Insurance Rate Hikes for Policy Inquiries

Rhode Island law prohibits auto insurers from raising premiums simply because policyholders ask about their coverage, effective 2026. This enhances consumer protections and guides insurer compliance.

Auto Glass Insurance Fraud Surges from Florida to Kentucky, Impacting Costs

Auto glass insurance fraud is increasing across Florida to Kentucky, causing higher costs and challenges for insurers. This surge in fraudulent claims drives up premiums and impacts claims processing in the U.S. insurance market.

Risks of Out-of-State Vehicle Registration Amid Rising Auto Insurance Costs

Explore the risks of out-of-state vehicle registration amid rising auto insurance rates, including potential insurance fraud and legal consequences. Learn state-specific rules and compliance tips.

Progressive Tops U.S. Auto Insurance Market in 2024 with 16.4% Share

Progressive Insurance leads U.S. auto insurance market in 2024 with 16.4% share, surpassing State Farm. DPW growth highlights sector competition.

Florida's Auto Insurance Ranks Second Highest with Rising Rates Ahead

Florida drivers face the second-highest auto insurance rates in the U.S., with premiums averaging over $3,200 in 2025 and expected to rise 6-9% in 2026 due to natural disasters and rising claims costs.

Florida Auto Insurance Costs Drop in 2025 but Remain Among Highest Nationally

Florida saw a 9% drop in auto insurance premiums in 2025 but remains the second most expensive state. Rising repair costs and climate risks keep premiums high.

Evolution of Auto Insurance in the U.S.: From Liability to Telematics Pricing

Explore how auto insurance in the U.S. evolved from basic liability coverage to advanced telematics-driven pricing models, shaped by regulation and technology.