Elizabeth Guevara is a personal finance reporter who explains the world of business and economics and how it impacts your finances. She joined Investopedia in 2024. Kyle Grillot/Bloomberg via Getty ...

Drivers in Wyoming, Iowa and Arkansas saw the largest price cuts in the U.S., while other states saw premiums rise.

Auto insurance rates have been soaring for years, and 2024 was no different. Insurify reported this week that the price of car insurance premiums climbed 15% last year, with American drivers now ...

Vehicle ownership costs encompass more than just the monthly payment. Prices for gas (or electricity), oil, and maintenance all seem to be more expensive nowadays, but Americans are getting a break on ...

Inflation has been widespread over the last few years, but the car insurance industry has been hit particularly hard by the higher costs that have resulted from it, which have led to increases in auto ...

Car insurance rates are climbing, leaving many Americans struggling to keep up with the cost of coverage. According to the Bureau of Labor Statistics (BLS), auto insurance prices surged 11.3% ...

One of the more notable inflation readings in the March consumer price index, which came out Thursday, was for motor vehicle insurance. Prices in that sector actually fell — by 0.8%, seasonally ...

Gov. Jared Polis says he's working with insurance companies to create a grant program for hail resistant roofing after the ...

In recent years, homeowners insurance prices have risen far faster than inflation, with the national average premium for a typical policy reaching a staggering $3,303 in 2024. From 2021 to 2024, home ...