Why car insurance rates are almost certainly going up in 2023

  • Home
  • Insurance
  • Why car insurance rates are almost certainly going up in 2023

If you haven’t received a notice yet that your auto insurance rate is increasing, you can likely expect one is coming.

The General compiled a list of factors that may contribute to higher car insurance rates, including data from the Insurance Information Institute, the Bureau of Labor Statistics, the National Highway Traffic Safety Administration, and other industry sources and news coverage.

Shortages of parts and new vehicles, waves of retiring mechanics, and deadlier…

Continue reading this news update.

Comments are closed