Tiger Woods faces DUI charges after a Florida crash, with prosecutors seeking his prescription records. The case demonstrates how impaired driving affects insurance rates and coverage.
insurance rates
Rising Diesel Costs Hit Auto Insurance Rates
Diesel prices have surged nearly 50% since late February due to ongoing conflicts, creating a ripple effect that could impact auto insurance rates. The trucking industry’s driver shortage compounds the problem, potentially leading to higher costs across multiple sectors including insurance.
Hail Damage Claims Surge as Small Stones Cause Big Problems
Hailstorms drove $60 billion in insured losses last year, with small hailstones causing unexpected damage like roof collapses from clogged drains. The shift toward desk adjusters may lead to more missed damage claims.