Amid all the turmoil in the auto market, as we move in fits and starts toward electric and even autonomous vehicles, here's a new wrinkle: Data suggest that car sales have peaked.
In the face of ever-increasing premiums, auto owners are foregoing coverage, taking higher deductibles and not filing claims. This marks a profound change.
Rising repair costs and climate disasters force insurers to push auto premiums to historic height, especially in Maryland, South Carolina, New York and seven other states.