Car insurance news articles

Here are some recent car insurance news articles:

  1. "Car Insurance Rates Expected to Rise in 2023" (Insurance Journal, January 2023)

According to a report by the Insurance Information Institute, car insurance rates are expected to increase in 2023 due to rising claims costs, higher medical expenses, and increased frequency of accidents.

  1. "Tesla's Autopilot System May Not Be as Safe as Thought" (The Verge, January 2023)

A study by the National Highway Traffic Safety Administration found that Tesla's Autopilot system may not be as effective in preventing accidents as previously thought. The study found that Autopilot was involved in 273 crashes in 2020, resulting in 19 fatalities.

  1. "Ridesharing Insurance Coverage May Not Be Enough" (Insurance News Net, January 2023)

A recent survey found that many ridesharing drivers may not have adequate insurance coverage to protect themselves and their passengers in the event of an accident. The survey found that 40% of ridesharing drivers did not have commercial insurance coverage.

  1. "Electric Vehicles May Be More Expensive to Insure" (Car and Driver, January 2023)

A recent study found that electric vehicles may be more expensive to insure than traditional gasoline-powered vehicles. The study found that electric vehicles are more prone to damage from natural disasters and may require more expensive repairs.

  1. "Usage-Based Insurance Gains Popularity" (Insurance Business America, January 2023)

Usage-based insurance, which tracks a driver's behavior and rewards safe driving with lower premiums, is gaining popularity. The technology uses telematics devices to monitor driving habits and can provide discounts of up to 30% for safe drivers.

  1. "Insurers May Not Be Prepared for Autonomous Vehicle Claims" (Law360, January 2023)

A recent report found that many insurance companies may not be prepared to handle claims related to autonomous vehicles. The report found that insurers may need to develop new policies and procedures to handle claims related to autonomous vehicle accidents.

  1. "Car Insurance Premiums May Increase Due to Rising Medical Costs" (Insurance Journal, December 2022)

A recent report found that car insurance premiums may increase in 2023 due to rising medical costs. The report found that medical expenses have increased by 10% in the past year, which could lead to higher insurance premiums.

  1. "Telematics Devices Can Help Reduce Insurance Claims" (Insurance Business America, December 2022)

A recent study found that telematics devices can help reduce insurance claims by up to 20%. The study found that drivers who use telematics devices are more likely to drive safely and avoid accidents.

  1. "Insurers May Need to Update Policies for Electric Vehicles" (Law360, December 2022)

A recent report found that insurers may need to update their policies to account for the unique risks associated with electric vehicles. The report found that electric vehicles may be more prone to damage from natural disasters and may require more expensive repairs.

  1. "Car Insurance Premiums May Increase Due to Rising Repair Costs" (Insurance Journal, November 2022)

A recent report found that car insurance premiums may increase in 2023 due to rising repair costs. The report found that repair costs have increased by 15% in the past year, which could lead to higher insurance premiums.

I hope these articles are helpful!