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Insurance Companies Are Writing Off Cars Faster Than Ever After Accidents

Carscoops

That number represents a bump of 42 percent compared to just five years ago. Insurance companies are quickly writing off cars due to rising repair and tech costs. Let’s take a look at the cogs leading to higher insurance premiums than ever before. All of that led to higher costs for insurance companies.

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Want A 900HP Mustang? Hertz Has Some Shelby GT500 Rentals It Wants To Sell You

Carscoops

Hertz offered these Shelby Mustangs as part of a rental program in 11 US cities, with prices set at $399 per day before taxes and insurance. That’s a healthy bump over the stock Shelby GT500’s 760 hp (567 kW/770 PS)—enough to make it the most powerful Ford-badged production car on the road, outpacing even the GT supercar.

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Guess How Much It Costs To Repair This Rivian R1T

Carscoops

A Rivian owner received a massive repair bill after bumping into a parking garage pillar. Despite what appears to be minor damage, the repair is set to cost several times more than the initial $1,400 estimate from his insurance company. His R1T now needs servicing that would be unaffordable for many potential truck buyers.

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2024 Mitsubishi Triton GLS review

Drive.com

It’s also been gifted a healthy bump in the power and torque stakes, plus a refreshed new interior. Insurance-wise, the Triton GLS 4×4 dual-cab ute is quoted at $1578 to insure annually. Insurance estimates may vary based on your location, driving history, and personal circumstances. Can a Mitsubishi Triton tow?

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2025 Genesis GV70 review: Australian first drive

Drive.com

We were unable to obtain a quote for comprehensive insurance for this updated 2025 model year GV70. However, using the range-topping MY24 GV70 Sport Lux as a guide, insurance premiums run to $3047 annually. litre four-cylinder petrol engine will cost $2768 in annual insurance premiums.

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What Can Accidentally Invalidate Your Car Insurance?

Car Examer

In this guide, we’ll walk you through the most common ways people accidentally invalidate their car insurance and how to avoid them. Imagine having an accident, only to find out your car insurance is invalid. Not Updating Your Address or Personal Details Your car insurance is based on key details about you—like where you live.

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2025 BMW 430i Coupe review

Drive.com

Along with subtle new styling and more equipment, the new BMW 4 Series range has had a bump in price and its a limited range in terms of the variants you can choose. As for insurance, you’re looking at $2952 per year. Insurance estimates may vary based on your location, driving history, and personal circumstances.

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