Car insurance premiums rose an "unprecedented" 14% in 2023 as insurers sought to boost profits, according to a 2024 LexisNexis U.S. Auto Insurance Trends Report. Insurance premiums have been creeping up since drivers returned to the road en masse following the loosening of pandemic-related restrictions in 2021, the report noted. But last year's... Car insurance premiums increased an "unprecedented" 14% in 2023
June 20, 2024 at 10:54 AM EDT
Car insurance premiums rose an "unprecedented" 14% in 2023 as insurers sought to boost profits, according to a 2024 LexisNexis U.S. Auto Insurance Trends Report. Insurance premiums have been creeping up since drivers returned to the road en masse following the loosening of pandemic-related restrictions in 2021, the report noted. But last year's...
Car insurance premiums rose an "unprecedented" 14% in 2023 as insurers sought to boost profits, according to a 2024 LexisNexis U.S. Auto Insurance Trends Report. Insurance premiums have been creeping up since drivers returned to the road en masse following the loosening of pandemic-related restrictions in 2021, the report noted. But last year's... 