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The average new vehicle depreciates 11 percent once it leaves a dealership lot. After a year, most automobiles lose 20 percent of their value, according to the nonprofit Insurance … more
Adding a young driver to your household car insurance policy can substantially raise your rates -- it can even double them, according to the nonprofit Insurance Information Institute (III).
However, … more
Teenagers are the riskiest drivers on the road -- and this is apparent by how much insurers charge them or their parents for auto insurance.
According to Russ Rader, spokesman for the Insurance … more
When it comes to the cost of buying a new vehicle, the story runs a lot deeper than the price tag on the window. In addition to considering the expense of monthly payments, maintenance and gas … more
Many Americans are confused about which factors car insurance companies consider when deciding how much to charge new and existing policyholders, new surveys show.
Two surveys, each of about 1,000 U. … more