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These 10 car insurers have the highest market share in Colorado

Summary by KRDO
charnsitr // Shutterstock These 10 car insurers have the highest market share in Colorado Five auto insurers have the largest market share in at least one U.S. state, but State Farm holds the title in more states than any of its competitors—29 to be exact. Within the country, 125 insurance companies wrote nearly $262 billion in direct premiums for passenger auto insurance policies in 2021, according to National Association of Insurance Commissio…

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These 10 car insurers have the highest market share in Colorado

charnsitr // Shutterstock These 10 car insurers have the highest market share in Colorado Five auto insurers have the largest market share in at least one U.S. state, but State Farm holds the title in more states than any of its competitors—29 to be exact. Within the country, 125 insurance companies wrote nearly $262 billion in direct premiums for passenger auto insurance policies in 2021, according to National Association of Insurance Commissio…

·Colorado Springs, United States
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Miami StandardMiami Standard
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Illinois Drivers Facing Additional 18% Insurance Rate Hike Due to Tariffs, Insurify Report Revealss and Inflation - Miamistandard News

Tariffs might raise auto insurance prices in Illinois by another 18% after inflation caused a comparable spike in 2024, according to a new analysis by Insurify.Matt Brannon, an Insurify data journalist, stated that predictions may fluctuate depending on whatever tariffs are ultimately implemented. He stated that the analysis took into account tariffs imposed by Mexico and Canada, as well as steel and aluminium duties and tariffs projected to be …

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Repairer Driven NewsRepairer Driven News

NC Insurance Commissioner disagrees with 23% proposed auto insurance hike, calls for a hearing

North Carolina Insurance Commissioner Mike Causey says he’s not in agreement with the state’s Rate Bureau’s proposed 23% rate increase for automobile insurance, according to a press release his office issued last week.  Causey says in the release that his office is setting a hearing date for Sept. 22 to discuss the proposed rate increase.  “The purpose of the hearing is to reach a resolution that will make the most financial sense for both North…

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MyChesCoMyChesCo

Auto Insurance Affordability Declines Amid Rising Premiums

MALVERN, PA — Auto insurance affordability has taken a hit in recent years, with rising premiums outpacing income growth, according to a new study by the Insurance Research Council (IRC), an affiliate of The Institutes. Covering trends from 2000 through 2024, the study highlights both long-term improvements and recent declines in affordability. From 2021 to 2024, auto insurance affordability deteriorated as insurers raised rates to offset inflat…

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MyChesCo broke the news in on Tuesday, April 1, 2025.
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