Tackling Automobile Insurance Cost Drivers
There are several factors that can impact the cost of automobile insurance, but auto safety tops the list. That’s why Securing Our Future works with consumers and insurers to promote driver safety and enact highway safety laws that help keep motorists and pedestrians safe on the road.
Other factors that impact the cost of auto insurance include:
- Hostile auto repair initiatives
- Auto salvage titling processes
- Predatory towing practices
- Research into and enactment of vital auto safety provisions
By proactively addressing these and other factors that contribute to higher auto insurance costs, Securing Our Future is working with key stakeholders to support auto and road safety priorities while ensuring rates remain stable and affordable for consumers nationwide.
Frequently Asked Questions
Insurance helps individuals and businesses manage risk. It is a mechanism for protecting people against losses, damage, injuries and costs associated with unexpected events in the future.Pricing varies because of how insurance companies calculate risk. Factors such as location, credit history or your history of submitting claims may result in varying rates.Property and casualty insurance are types of coverage that help protect the things you own, such as your home or car.