You’re paying a lot more for car insurance than you were in 2020. Here’s why.
  • credo@lemmy.world
    141·
    7 months ago

    The key takeaways from the article are:

    1. Inflation is impacting various sectors, including car insurance, leading to higher premiums for consumers.
    2. Distracted driving, caused by factors like smartphones, contributes to increased accident rates and insurance claims, further driving up costs.
    3. Insurers are adapting by implementing new technologies and risk assessment methods to manage these challenges and maintain profitability.
    • afraid_of_zombies@lemmy.world
      2·
      7 months ago

      Amazing how if this is to believed they are not only responding to a situation out of their control they are also finding ways to make less money to manage the situation.