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News
Ten models see insurance premiums drop 15% or more
9+ hour, 35+ min ago (483+ words) After closing 2025 with insurance premiums down 6%, rates are projected to finish the year with a 1% increase. But as car shoppers weigh different models and insurance costs, it’s worth noting that at least 10 models saw at least a 15% drop in annual…...
EVs cost 42% more to insure than gas vehicles, Insurify finds
2+ mon, 6+ day ago (634+ words) Electric vehicle owners pay, on average, $3,159 per year for insurance, which is $941 more than drivers of gas-powered vehicles. In studying 235 million insurance quotes, Insurify found EVs were 42% more expensive to insure. Driving the news: Interest in EVs has rebounded as…...
Rising auto insurance costs are raising stakes for F&I teams
2+ mon, 4+ week ago (509+ words) A new LexisNexis Risk Solutions report reveals that a shifting auto insurance landscape is reshaping the vehicle ownership journey, with significant implications for F&I operations. First things first: The analytics and tech company’s 2026 U.S. Auto Insurance Trends Report—based…...
Study sparks fresh scrutiny of auto insurance costs as consumers shop rates in record numbers
3+ mon, 4+ day ago (443+ words) Auto insurance payouts have fallen sharply over the past few decades, even as premiums have climbed, likely adding to growing consumer concerns about the overall cost of vehicle ownership. First things first: According to a study by the Vanderbilt Policy…...
Insurance offered at sale offers potential F&I boost for dealers
3+ mon, 2+ week ago (446+ words) As auto insurance rates come back down, dealers presenting quotes in the finance office are seeing a boost in F&I product sales. The Polly Insurance Agency’s Q1 2026 Quarterly Embedded Auto Insurance Report showed that dealers presenting insurance quotes to customers…...