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0 0 0.000853970964987172 -0.000853970964987172 0.00170794192997434 0.00170794192997434 0.00256191289496152 0.00213492741246801
Stock impact report

Buying a car? The insurance quote may surprise you Between 2014 and 2024, auto insurance premiums have risen 36.4%, StatCan data show Luxury vehicles not always pricier to insure Affordabl...

Ford Motor Company (F) 
Last ford motor company earnings: 4/28 04:09 pm Check Earnings Report
US:NYSE Investor Relations: shareholder.ford.com
Between 2014 and 2024, auto insurance premiums have increased 36.4 per cent, Statistics Canada data show. The average gas car costs $2,289 to insure, while an electric vehicle costs approximately $3,131, according to Surex, a digital insurance broker. “ Insurance affordability has been eroding, not just in Canada, but around the world,” especially when it comes to property and casualty insurance, says John Shmuel, director of content at Surex. The main drivers of high costs are theft , still elevated from pre-pandemic levels, and more complex vehicles that require costlier repairs, he says. Canadians often get caught up in the excitement of buying a new car and leave insurance as an afterthought. But with premiums rising, experts say more shoppers are now pricing out coverage before signing on the dotted line. Shoppers who skip this step may be shocked to find their insurance bill is higher than expected. A common misconception is that luxury vehicles often have higher insura Show less Read more
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