Soaring insurance rates are making it more expensive than ever to own a car, and the entire auto industry is feeling the pain

American car owners are battling the biggest surge in auto insurance rates in 50 years, new research shows—and it’s forcing some car makers to cut prices in order to stay competitive. A new report from S&P Global Market Intelligence found that all 10 of the largest private auto insurers increased their rates by double digits …

Soaring insurance rates are making it more expensive than ever to own a car, and the entire auto industry is feeling the pain Read More »