car insurance premiums News

U.K. Car Insurance Rates May Rise 28% to Record $1,200 a Year

U.K. drivers may have to pay more than 1,000 pounds ($1,200) annually for car insurance next year, a 28 percent increase, after the government cut a key rate to calculate claims payments. The average U.K. car insurance premium rose 1.8 …

Teen Drivers Nearly Double Parents’ Car Insurance Premiums

The average married couple pays 80 percent more for car insurance after adding a teen driver to their policy, according to a new insuranceQuotes.com report. The highest spike in premiums are seen with 16-year-olds (96 percent); the average impact decreases …

North Carolina Lawmakers Look at Auto Insurance Risks, Costs

Is it more important to keep overall car insurance premiums low, or to make sure everyone’s paying what they deserve? North Carolina legislators once again examining the unique rate-setting system for the state’s roughly 7 million insured personal vehicles will …