Losing Everything Due to Inadequate Auto Liability Coverage
Posted: December 23, 2025
All states set minimum coverage levels for drivers, but if you are involved in a serious accident, minimal coverage may not get you off the hook for the full extent of damages. Your state's goal is to make the required insurance affordable, but in many cases the established minimum coverage is not adequate to cover the liability costs if you are found to be at...
Your Car Is Rich Target for Information Thieves
Posted: December 16, 2025
Picture a sedan traveling along an interstate highway anywhere in America. It has Bluetooth capability, allowing the driver to make and receive phone calls without taking her hands off the steering wheel. The contacts stored on her smartphone are accessible from a menu displayable on the dashboard, allowing her to call a friend with one press of a button. Just as easily, she can choose...
As Auto Insurance Rates Climb, More Drivers Go Underinsured or Uninsured
Posted: May 6, 2025
As auto insurance premiums continue to rise, some motorists find it challenging to afford the higher rates, leading them to make difficult decisions like not purchasing insurance or purchasing a policy that only has the state-mandated minimum liability limits. A new study by the Insurance Research Council found that one in three U.S. drivers nationwide is either uninsured or underinsured in 2023, up 10% since 2017. Nearly...
Trends Pushing Auto Insurance Rates Higher
Posted: February 11, 2025
Automobile insurance companies are struggling to keep up with the rising cost of collision insurance claims, and that's forcing them to raise rates at a steady clip. In 2019, the industry paid out $62.6 billion in losses for damage to personal vehicles and $5.4 billion for commercial vehicles. By 2023, those numbers had risen to $95.4 billion and $8.2 billion, respectively. Insurers have responded by...
Auto Insurance Minimum Liability Levels to Double
Posted: December 10, 2024
Thanks to a new law, starting Jan. 1, 2025, California is increasing the minimum liability coverage levels that drivers in the state will be required to have on their auto insurance policies. The new minimums, double current levels, are meant to keep up with inflation, particularly the cost of car repairs and medical costs. While the minimums have long needed to be increased(they've been in...