Rising repair costs to fix motor vehicles is one of the reasons for the creation of the new auto repair insurance companies quotation system built by the Auto Pros company. This company is giving back ...

Mechanical breakdowns can lead to costly auto repairs. Learn how car repair insurance can help pay for repairs not covered by ...

Car-repair insurance is an endorsement that pays to repair or replace vehicle parts after sudden mechanical failure. Manufacturer warranties typically must expire first before car-repair insurance ...

TROY, Mich.--(BUSINESS WIRE)--Auto insurers have been fighting two major headwinds ever since the pandemic: rising costs and longer repair cycle times. This year, according to the J.D. Power 2024 U.S.

The auto insurance inflation rate is up 17% in the past year, according to the May consumer price index. Meanwhile, the average price for new vehicles has been declining. Pricing in the used vehicle ...

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 ...

Long repair-shop backlogs and lingering parts shortages have caused the average auto insurance repair cycle time to reach 23.1 days this year, up by 6.2 days from 2022, and more than double the ...

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