Why are auto insurance rates higher for males?

Like it or not, men pay more on average for auto insurance than women do. Why do males pay more for car insurance? The main reason for this is the differences that surround male vs female driving statistics. Statistically speaking, more male drivers under the age of 25 are involved in auto accidents than female…

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Best Business Auto Insurance (2024)

Commercial auto insurance, also known as business car insurance, is designed to protect vehicles used as part of a business. Any vehicle can qualify as a commercial vehicle, from cars to vans, if used for commercial use by you or an employee. Not carrying commercial insurance on a vehicle you use for business can leave…

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How Accident Surcharges Affect Auto Insurance Rates in 2024

Any involvement in a car accident is highly stressful. This is especially true if you are at fault because you then have to worry about insurance surcharges after you file the claim. Increasing rates often lead to financial strain and long-term stress. (Read More: How to Lower Your Auto Insurance Premiums) While insurance rates are…

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When did auto insurance become mandatory?

Americans have been using cars since the early 20th century. The launch of Ford’s Model T democratized the automobile in the U.S., and the rising popularity of cars meant a rise in car accidents. Lawmakers then had to answer the question, who should pay for these losses?  This is when auto insurance came into play….

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