Loan & Insurance

Around 10% of drivers are considering dropping insurance to save money – NU PropertyCasualty360

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As American motorists are strained by inflation and the rising cost of vehicle ownership, around 10% are considering dropping their auto insurance coverage as a way to save money, according to Insurify’s 2022 Auto Insurance Trends report.
“Our annual data reflects the state of the nation’s economy through an insurance lens, and our 2022 report illustrates how rising inflation and recent interest rate hikes are affecting the American public and how they are responding,” Snejina Zacharia, Insurify’s CEO and founder said in a release.

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Steve Hallo is managing editor of PropertyCasualty360.com. He can be reached at [email protected].  
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