Why is auto insurance getting more expensive in Nevada?
reviewjournal.com
Why is auto insurance getting more expensive in Nevada?
One report found Nevada’s vehicle insurance rates increased by 36 percent over the first half of 2023, here are a few reasons driving the increase in rates.
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Auto insurance is getting more expensive, and it’s not just because of accidents. From 2014 to 2023, car accident lawsuits added nearly $43 billion in extra costs, even as accident rates declined. More lawsuits mean higher insurance premiums for everyone.  Learn more: https://bit.ly/4o7jpOa #Insurance #AutoInsurance #LitigationTrends #InsuranceAffordability | Insurance Information Institute | Facebook
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Auto insurance is getting more expensive, and it’s not just because of accidents. From 2014 to 2023, car accident lawsuits added nearly $43 billion in extra costs, even as accident rates declined. More lawsuits mean higher insurance premiums for everyone.  Learn more: https://bit.ly/4o7jpOa #Insurance #AutoInsurance #LitigationTrends #InsuranceAffordability | Insurance Information Institute | Facebook
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