Throughout North and South Carolina, inflation is impacting the cost of gas, groceries, housing, and now, auto insurance. According to industry and media reports, auto insurers may hike premiums from 6% to upwards of 10% this year.
Understanding what’s causing auto insurance prices to increase may help you find ways to save. Here are the reasons rates are increasing and three tips to help you keep your costs as low as possible.
A record-breaking 13% of drivers will hit the road without car insurance this year. If you’re involved in an accident in North or South Carolina, there is a 1 in 8 chance that you will be financially responsible regardless of who is at-fault—unless you have sufficient uninsured motorist coverage.
What is uninsured motorist coverage?
Uninsured motorist coverage financially protects you in the event you are injured in an accident caused by a driver who does not have insurance. Underinsured motorist … Read more
If you live in North or South Carolina, it may be time to review your car insurance policy
Has the coronavirus pandemic affected car insurance? Yes, and in more ways than one. This past year in North and South Carolina, driving habits changed. People began working from home. Lockdown restrictions prevented travel. Loss of work led to reductions in coverage or car insurance cancellations.
And these changes are concerning—especially as traffic returns to normal. In the 25+ years that we … Read more
Call now for a free confidential consultation with one of our Carolina accident and injury attorneys. We currently have 7 locations throughout North and South Carolina to serve our clients. As part of our service, we will come to you, wherever you are located!
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