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Search Results for: Rise in Loss Costs Equals Higher Insurance Costs
With employment up, more Americans are on the roads increasing the number of miles they drive. The result? A higher rate of auto accidents and a rise in total loss costs, according to a recent study by Insurance Information Institute. … Continue reading
According to a recent report by the Insurance Information Institute (III), auto losses and expenses have increased steadily each year, surmounting private passenger auto premiums—but it’s not due to lack of increased rates. The report, which examined premiums and loss … Continue reading