You open your auto insurance bill and your coverage costs more. Why? If something about your situation has changed – you bought a new car or recently had an accident, for example – you’re probably expecting the increase. But what if nothing appears to have changed? What would explain the sudden increase in your rate?
Read More: Auto Insurance Rates Explained: It’s Not Just About You
You’ve probably noticed that there are more motorists on the roads now than there have been in the last few years. In fact, in just the first half of 2015, 15 billion more miles were driven on United States interstates. Why?
Read More: The Other Side of Cheaper Gas
Years ago, fixing a car after a collision may have meant straightening out steel and swapping out damaged parts, but the complexity of modern cars means that the repair process is now more complicated—and more costly.
Read More: Why Complex Cars Cost More to Repair