Soaring Car Insurance Costs Lead Many to Opt Out

Soaring Car Insurance Costs Lead Many to Opt Out
Used cars for sale are displayed on the sales lot at K&L Auto Expert in Richmond, Calif., on May 6, 2022. Justin Sullivan/Getty Images
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Skyrocketing prices for auto premiums have led increasing numbers of Americans to take to the road without insurance, creating a dangerous cycle of escalating rates while putting a record number of drivers in economic and legal peril.

“A lot of people just don’t understand how serious of a problem this has become,” Loretta Worters, vice president of media relations for the Insurance Information Institute, told The Epoch Times.

Matthew Lysiak
Matthew Lysiak
Author
Matthew Lysiak is a nationally recognized journalist and author of “Newtown” (Simon and Schuster), “Breakthrough” (Harper Collins), and “The Drudge Revolution.” The story of his family is the subject of the series “Home Before Dark” which premiered April 3 on Apple TV Plus.
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