This Giving Tuesday, Investor Dr. Rush is matching your donations to Marketplace - can we count on your support? Count Me In! ✔

Why is the cost of car insurance skyrocketing?

Nov 14, 2024
Consumer inflation was pretty moderate in October, with prices overall rising 2.6% year-over-year. But car insurance bills have climbed by 14%—more than five times the rate of inflation overall.
Severe weather is another factor driving up the cost of car insurance.
Giorgio Viera/AFP via Getty Images

Dollars don't go far for car owners, report finds

Oct 30, 2024
Since 2020, cost increases have far surpassed inflation, report finds. Prices for insurance and repair have been climbing.
You aren't imagining it — owning a car is more expensive than it used to be. But automakers and insurers have little incentive to lower prices.
Kevin Carter/Getty Images

GM was collecting and sharing drivers' data, often without their knowledge

Apr 25, 2024
A conversation with the reporter who broke the story, then found out she was among the drivers impacted.
"I was shocked, but at the same time, this is what drivers of GM vehicles had been telling me," said Kashmir Hill at the New York Times when she discovered her driving data had been collected without her recalling consenting to share it.
Mario Tama/Getty Images

You're not imagining it: Car insurance costs 22% more than it did last year

Apr 17, 2024
And people are increasingly shopping around for a better deal, according to new data from JD Power. Finding one is another matter.
Thanks to rising rates, people are increasingly shopping around to see if they can find a better deal on their car insurance, according to new data from JD Power. 
Brandon Bell/Getty Images

Here's why your car insurance is more expensive these days

Dec 13, 2023
Motor vehicle insurance costs are up 19.2% from last year.
An uptick in extreme weather, which can cause damage to vehicles, is one reason car insurance is getting more expensive.
David McNew/Getty Images

A peek into how car insurance pricing works: You might be paying too much

Feb 25, 2020
Where does that number on your car insurance quote come from? A big factor might be just your ability to pay.
Allstate's rating plan for insurance customers in Maryland offers a glimpse into a potential future where companies charge people different prices based on their behavior or expected willingness to pay.
Chip Somodevilla/Getty Images

Why are auto insurance premiums growing more slowly in California than elsewhere?

Feb 12, 2019
Want to save money on your car insurance? Forget about lizards, ducks or talking boxes, according to a new study from the Consumer Federation of America, and push for better regulation. The consumer advocacy group says that’s the way rates have been brought under control in California, where premiums have grown less than a quarter as […]
A new report by the Consumer Federation America suggests it's due to strict regulations.
Pattanaphong Khuankaew/iStock/Getty Images Plus

For public good, not for profit.

The car insurance industry has a huge blindspot

Aug 1, 2016
Insurance premiums are expected to decline by 80 percent due to driverless cars.
Self-driving cars may cause insurance premiums to decline. 
Justin Sullivan/Getty Images

Georgia's HERO drivers reduce road rage on highways

May 26, 2016
Georgia's Highway Emergency Response Operators keep the highways flowing smoothly
HERO assistant manager for operations Andre Todd began work at 4 a.m. and in just four hours, he's cleared three accidents.
Alison Guillory/WABE

African-Americans paying higher auto insurance rates

Nov 18, 2015
A new report illuminates serious problems with auto insurance premiums that the CFA is urging legislators and regulators to address.