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Disproportionate Car Insurance rates
Disproportionate Car Insurance rates
Chris Pedota, NorthJersey.com
By the time Cuqui Rivera had to renew her Car Insurance policy in December 2019, the longtime activist had only heard about some of the reasons she — a Hispanic female with a high school diploma — may pay more than her white, college-educated neighbors.
So, Rivera decided, “Let me be your guinea pig,” she said. “Let’s see if this is true.”
She looked on the website of Liberty Mutual, the company she had been with for at least two decades, to see if it…
(WXYZ) — If you have to get a new Car in 2022, it could be a tough time. With inflation and low inventory because of the chip shortage, deals are hard to find.
Many are wondering what’s the best way to go. Should you buy a new Car, lease one, or go with a used Car?We went to the experts for some answers.
John McElroy, the host of Autoline.TV, said dealers aren’t offering many discounts or incentives. So, if you can put the brakes on Buying a Car for another year or so, he says to wait.
“We have never…
Editorial Note: We earn a commission from partner links on Forbes Advisor. Commissions do not affect our editors’ opinions or evaluations.
Car Insurance rates are expected to rise in 2022, due in part to risky driving and costly claims. That, along with the fallout from inflation and supply-chain disruptions, means comparison shopping for a good rate is more important than ever.
The good news is that the cost of Auto Insurance electric vehicles is poised to decrease and industry watchers say usage-based Insurance may provide some savings for good drivers.
Here’s more on the trends Auto Insurance buyers can expect…
Editorial Note: We earn a commission from partner links on Forbes Advisor. Commissions do not affect our editors’ opinions or evaluations.
Nobody wants to overpay for the necessities of life like gas, rent and cellphone service. The same holds true for Car Insurance. And just as you can search for deals on other purchases, you can hunt for ways to lower your Car Insurance costs.
Given that the average good driver in the U.S. pays $1,556 a year for Car Insurance, reducing your Insurance bill by just 5% to 10% can put more money in your pocket. In some cases,…
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2021 was an unusual year for the automotive industry, to say the least. While customer demand for new cars rebounded from the economic uncertainty of 2020, automakers found themselves unable to meet that demand because of semiconductor chip shortages and supply chain problems. So what should Car shoppers expect for 2022? Much of the same, unfortunately.
“Competition for new vehicles will be fierce as inventory shortages persist in 2022,” said Ivan Drury, senior manager of insights for Edmunds.
Shoppers today must contend with a limited selection, dealership markups, little to no discounts, and a greater sense of urgency to move…
COLORADO SPRINGS — It’s a tough time for Buying a Car right now. Deals are hard to find with inflation and low inventory because of the chip shortage. In addition to the sticker shock, it’s important to factor in the rising cost of Insurance.
“If we were originally rating for a vehicle that was $20,000 and now the market value is $28,000 that’s going to effect rates,” said Local Insurance expert Trey Whitlock of the Goosehead Agency.
According to Edmunds data from the fourth quarter of 2021, the average monthly payment for new vehicles is $636. That’s the highest Edmunds…
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