Car Data Tracking Could Be Contributing to Your Higher Insurance Costs: Expert

Don Ma
By Don Ma
April 11, 2024Business Matters

The Consumer Price Index surged 2.6 percent in March—and car insurance was a big factor in driving it up. According to Lauren Fix at Car Coach Reports, some drivers are being hit with 60 percent increases in their premia—and even policy cancellations. Ms. Fix says even good drivers are being docked for cruising in unsafe areas, for driving in heavy traffic, and for just owning an electric vehicle, which tends to be more costly to repair. She also reveals how your own car could be the culprit behind your higher payments.

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