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.
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.