auto insurance

Driver performance data and algorithms running inside EVs is creating a new insurance market for EV makers including Tesla and GM.

For 2022, the average national premium for annual car insurance is expected to jump 5% to $1,707, up from $1,663 in 2021, research shows.

California’s department of insurance said three major insurance companies in the state have been overcharging customers for auto insurance during the COVID-19 crisis. The companies have a month to explain why, start cutting checks or face potential legal action.

California’s department of insurance said three major insurance companies in the state have been overcharging customers for auto insurance during the COVID-19 crisis. Randy Mac reports for the NBC4 News on Wednesday, Oct. 6, 2021.

As the Covid-19 recovery continues, many Americans are looking to replace jobs or income they’ve lost. These ideas can help you revamp your strategies.

Some flooded cars may have the damage noted on their title, although not all do — which makes it important to carefully vet a used car’s history.

Auto insurers refunded $14 billion in premiums last year, according to the Insurance Information Institute. Rates have since stagnated or declined.

Americans shell out approximately $4.4 trillion each year to cover common household costs. But residents in some states are paying far more than others.

Certain events can drive up the cost of your annual car insurance premiums — some by an average of more than $1,500.

Cases with verdicts of at least $1 million against truck operators have increased dramatically since 2006, with an average jury award of $3.1 million.

Stay-at-home orders kept drivers off roads, and according to analysis from the state’s Department of Insurance, that means California drivers are owed another refund, having been overcharged for auto insurance during the pandemic. I-team’s Randy Mac reports for NBC4 News at 6 p.m. on March 11, 2021.

While incentives are not as plentiful as they typically are in December, you can still find some makes and models with good deals.

General Motors is launching its own auto insurance as a way to generate new revenue using its growing amount of connected vehicles in the U.S.

Sales in new and used cars have dramatically declined, meaning there’s a surplus. Randy Mac reports for NBC4 News April 21, 2020.

Some drivers who have expiring car leases say they’re being told they can’t bring vehicles back because there’s nowhere to put them. Dealerships and banks are offering — and in some cases pressuring — people to extend the leases on their vehicles because they just don’t have the storage space to keep any more cars.   Sales of new and...

State Farm Mutual Automobile Insurance Company on Thursday announced a $2 billion rebate for their customers to help them through challenging financial times during the coronavirus pandemic. “With schools and businesses closed, and many of us sheltering in our homes, people are driving less right now, so we’re returning value to customers as we anticipate fewer auto claims,” the Bloomington,…

Serious allegations of discrimination are being leveled at insurance companies by less privilaged communities. Randy Mac and the I-Team investigated on the NBC4 News at 5 p.m. on Wednesday, March 11, 2020.

Deep in the heart of the conservative South, Louisiana’s voters reelected Democratic Gov. John Bel Edwards to a second term, shocking Republicans who had hoped to reclaim the seat on the strength of President Donald Trump’s popularity. With his focus on bipartisan, state-specific issues, the moderate Edwards cobbled together enough cross-party support Saturday to defeat Republican businessman Eddie Rispone, getting...

A Los Angeles-based taxpayer and consumer advocacy group Friday applauded new rules issued by the state Department of Insurance under which California auto insurers can no longer charge drivers more based on their gender.

New Year’s Day is ranked as the worst major holiday of the year for auto theft nationwide. With Bay Area vehicle crime trending above the national average, local engineers have come up with clever ways to make vehicles a less-appealing target for crooks.