With a background in journalism and counseling, Penny Min blends analytical research with real-world insight to help readers make informed financial decisions. At Forbes Marketplace, she specializes ...

ANOKA, Minn. — The cost of car insurance increased substantially in 2024, and premiums are set to rise for the seventh straight year. "The last year has been the craziest year we've ever seen, just ...

As drivers accelerate into the new year, one thing many of them can expect is an increase in auto insurance rates. Several factors — including rising repair costs, inflation, and the continued impact ...

The average annual rate for homeowners insurance increased by nearly 20% between 2021 and 2023, according to Insurify. Auto insurance premiums are up 16.5% in the last year, according to the Bureau of ...

Car insurance prices are expected to increase an average of 7.5% in 2025. That's a significant slowdown from the past two years, when car insurance rates rose an average of 16.5% in 2024 and 12.0% in ...

If you’ve accumulated some traffic violations, been at fault in a few car accidents or recently filed multiple car insurance claims, your car insurance rates may climb. When someone is classified as a ...

Amanda Vining is a writer for Investopedia with 15 years of experience covering personal finance, including stories for Glam, MSNBC, Heavy, and Narcity. Based in Florida’s Gulf Coast, Amanda has ...

Penny Gusner is a senior insurance writer and analyst at Forbes Advisor. For more than 20 years, she has been helping consumers learn how insurance laws, data, trends, and coverages affect them. Penny ...

As auto insurance rates across the country continue to rise for all drivers, seniors can face an even bigger price hike, once they reach their 70s and their driving skills begin to decline.