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Tag Archives: auto insurance rate hikes

Why are auto insurance rates going up so much?

Kevin Drum has a short piece on the recent surge in auto insurance rates. He doesn’t offer any explanation in his post, but the comment thread has suggestions:• a combination of increase in bad driving and lack of enforcement;• fender benders are much more costly since all the self-driving gear as well as lane alerts, back up and blind spot cameras, etc., are in the bumpers, windshields and side view mirrors;• the increased number of EVs on the...

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