Surprise: your “car payment” is basically a lie
A lot of people still budget for car ownership like it’s 2015: focus on the monthly payment, maybe eyeball gas, and assume the rest will be “normal.” That logic is…
Research
“Legal minimum” is not the same as “financially safe”
Illinois law makes it pretty easy to answer the compliance question: carry the minimum liability limits and you’re legal to drive. The harder question is what happens when a real…
Reimagining Auto Insurance Claims
The claims experience for auto insurance is flawed in ways that cannot be remedied by a series of cosmetic Band-Aids. For the policyholder, the claims process is often disjointed, cumbersome,…
Trade Tariffs Are Back
The renewed application of aggressive US trade tariffs is changing the economics of car insurance, even if most people do not yet realize it. US President Donald Trump’s application of…
How Often Should You Change Car Insurance?
Car insurance is no longer a “set it and forget it” type of expense. Data from the Bureau of Labor Statistics shows that, on average, auto insurance prices rose by…
How Car Insurance Companies Are Using AI
Artificial intelligence is no longer experimental in car insurance. It’s embedded across pricing, underwriting, claims handling, and fraud detection, fundamentally changing how insurers assess risk and drivers experience coverage. While…
Your car insurer may be pricing you by gender
In the U.S., it is still common for insurers to use “gender” as a rating factor for auto insurance in many states. That means two drivers can look identical on…
Safe Driving Improves When Insurance Prices Are Tied to Behavior
Car insurance has historically used broad categories to determine insurance prices, including the driver’s age, location, driving record, and type of car. Usage-based insurance, however, takes a different approach. New…