Car insurance rates are going up due to theft. Here’s what to know

Insurance companies have taken a hit due to higher thefts. In 2022, the industry lost $1 billion due to theft claims, according to Rates.ca, a significant increase from 2021.

Disclaimer : Mytimesnow (MTN) lets you explore worldwide viral news just by analyzing social media trends. Tap read more at source for full news. The inclusion of any links does not necessarily imply any endorsement of the views expressed within them.