A Comprehensive Guide to Buying Cars for Sale in the Bluff City
Memphis, Tennessee, is more than just a city—it’s a cultural crossroads where music, history, and commerce converge. For residents and newcomers alike, a reliable vehicle is essential for navigating the city’s vibrant neighborhoods, from the historic streets of Downtown to the suburban expanses of the Wolfchase area. The process of finding the right car can seem overwhelming, but Memphis offers a vast and diverse market of vehicles for sale. This guide will walk you through everything you need to know about finding the best cars for sale in Memphis, whether you’re looking for a brand-new model, a dependable used vehicle, or a great deal from a private seller.
New Cars: The Memphis Dealership Experience
For many buyers, the appeal of a new car is undeniable. The peace of mind that comes with a full factory warranty, the latest technology, and a pristine vehicle history is a strong selling point. … Read more
Can I Change My Car Insurance Policy At Any Time? | Auto Insurance
Whether you want to adjust your current car insurance policy because your coverage needs have changed or you want to switch insurers to save money, most companies make it easy to do so. Here’s what to know before you change your auto insurance policy.
Yes, in most cases you can change your auto insurance policy whenever you want – you don’t have to wait until the policy renewal period. To make changes to an existing policy, such as adjusting your current coverage limits or adding a teen driver, all you need to do is call your insurer’s customer service number or speak with your local agent. In most instances, any policy changes will take effect immediately, although you will be required to pay for any resulting increase in your premium upfront.
You can also switch car insurance companies at any time.
How to put the brakes on rising car insurance costs
InvestigateTV – Auto insurance rates are not immune to inflation, as experts are predicting the price will rise for many in 2022.
Several major auto insurers, including Allstate, Progressive, Geico and State Farm, already increased rates in early 2022 in many states, according to Bankrate.
Rod Griffin, a senior director of consumer education and advocacy with Experian, says 1 in 4 Americans is increasing worried about inflation.
“With the gas pump and the groceries and everything that we’re spending money on, it’s true for car insurance as well because the price of bumpers and vendors and cars themselves are increasing and that’s going to be passed on to us as consumers.”
So how do you work to cut auto insurance costs? Griffin has two suggestions: don’t get in any accidents and shop around.
You can ask your insurance company directly for available discounts for things like bundling auto and home
Auto Insurance 2022 Rate Increases and Predictions
The inflation that is making life difficult for consumers is also impacting car insurance companies. Across the nation, auto insurers are filing rate changes, many of which are rate increases. According to data from S&P Global Market Intelligence, the average rate increase in filing is about 4.9 percent. This means that, with the average cost of car insurance at $1,771 per year for full coverage, consumers could soon pay as much as $1,858 annually for the same coverage. To help you prepare for the coming increases, Bankrate dug deep into the data to find out which states are the most and least impacted by rate increases.
Key insights
- Minnesota approved the highest 2022 rate increase, at 14.0 percent.
- New York, Louisiana and Nevada policyholders may experience the highest premium impacts after rate increases take effect.
- Rates will likely continue increasing in 2022 due to inflation and increased insurance claims.