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On McCarty’s watch, which ended May 2, the Office of Insurance Regulation approved dozens of rate increases in the past year and a half. The average for the 25 companies that write most car coverage in Florida is a 13.8 percent increase.
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Car. cars that are most expensive to insure are large or midsize luxury vehicles. Many of the cars that are the least expensive to insure are small to midsize SUVS. Russ Rader, senior vice president for communications at the IIHS, noted.
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U.S. car insurance companies are slow to embrace the technology. You can’t get any dash cam discounts here in the states yet, and you may not be able to for a while, if ever. Holly Anderson, a spokeswoman for State Farm Insurance, explains to cars.com.
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