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Why Do Car Insurance Premiums Increase Every Year?

Why Do Car Insurance Premiums Increase Every Year?

by Jaclyn Hernandez | Nov 14, 2022 | Blog, Insurance Education

In its recent publication, Risk & Insurance identified the leading causes of higher insurance premiums. Here is a quick summary.   1. There has been an explosion in liability claim severity and the associated legal expenses (both have been growing at about...

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