About 10% of drivers are considering canceling their insurance to save money. PropertyCasualty360

Betsy Stella, Vice President of Insurance Partnerships at Insurify, said: “Some think it will take years for the weak market to come back.” (Credit: anekoho/Adobe Stock)

American drivers are inflated Rising cost of vehicle ownershipabout 10% are considering withdrawing auto insurance coverage as a way to save money. Insurify’s 2022 Auto Insurance Trends Report.

“Our annual data reflects the state of the country’s economy through the lens of insurance, and our 2022 report looks at how rising inflation and the recent rise in interest rates are impacting the American public. And it shows how they are responding.Release.

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