Why car insurance rates are increasing in 2025 is a question on many drivers’ minds. This significant rise isn’t due to a single factor, but rather a confluence of economic, technological, and societal shifts. From soaring repair costs driven by …
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Impact of EV adoption on car insurance is a rapidly evolving area, presenting both challenges and opportunities for the automotive and insurance industries. The shift towards electric vehicles (EVs) introduces unique considerations for insurers, impacting risk assessment, repair costs, and …