Vehicle theft has soared in the United States in recent years. In 2022, vehicle thefts surpassed 1,000,000—a 25% increase from previous years. This equates to roughly one vehicle stolen every 32 seconds in the United States. Traffic Safety Administration...
The insurance industry is facing significant challenges with rates, due to a variety of reasons, so working with an independent insurance agency like Marshfield Insurance is more beneficial than ever. In the past few years, many issues have increased...
Winter weather—such as snow, sleet, and ice— can cause hazardous road conditions. In fact, 24% of weather-related vehicle crashes each year occur on snowy, slushy, or icy pavement, according to the Federal Highway Administration. In addition, 15% happen during...
Electric vehicles (EVs) continue to gain traction in the U.S. auto market. Last year, Americans bought nearly 450,000 EVs—an 83% jump over 2020. With many federal and state governments pushing for lower CO2 roadway emissions, EV demand is expected...
Auto insurance rates are based on several factors: frequency and severity of crashes, auto repair costs, medical and hospital costs, lawsuits and court judgments, insurance fraud, vehicle type, and deductibles. This means that while your company’s inherent level of...
If your garage burns down – is your car covered? What if your car is parked in someone else’s garage? This Frequently Asked Question is covered in today’s blog post: “Most home insurance policies expressly exclude motorized vehicles from...
