Given the continuing pandemic, what is going to car insurance tariffs appear to be in 2022? – KSLTV

SALT LAKE CITY – The pandemic has made the past few years quite strange for the auto insurance world. In 2020, there were so few motorists on the roads that insurance companies actually started sending reimbursements to their customers for paying so few claims while so many people were staying at home. Then, in 2021, people took to the streets again but were apparently out of practice, which led to a surge in accidents, tickets, and yes, insurance premiums.

So what will the new year mean for our auto insurance budgets as we prepare to usher in 2022?

"Every insurer calculates the risk differently," says insurance expert Maia Sutton from the insurance comparison website Insurify. "In fact, based on our data, we expect them to continue to rise slightly and then reach a plateau in 2022."

Sure, supply chain issues and inflation are contributing to this, but what type of car you drive remains one of the most important factors in determining your premium: specifically, the car's safety rating and how expensive it is to replace in the event of a wreck.

“The insurance premiums for older car models are usually cheaper because the parts are easier to obtain and replace if an insured event occurs,” explains Sutton.

And with both new and used cars running out to replace the total number of vehicles, this could also affect premiums in 2022.

Bottom line, Sutton said, "The general trend is for things (car insurance costs) to move into the more expensive areas."

As we reported last month, more than 785,000 Utahners do not have comprehensive car insurance. This coverage applies to non-crash damage to your car, e.g. B. when a snow-covered branch falls on it.

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