ACV Updates | ACV Auctions

Car Insurance Rates: What’s Behind the Rapid Increase and the Impact on Car Dealers?

Car insurance premiums have surged by 21% in the past year, with post-pandemic factors such as inflation, higher repair costs, and an uptick in severe accidents fueling the increase. As a result, consumers are finding it harder to afford coverage, leading many to opt for lower-priced vehicles.

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Other Articles

Used cars parked in a dark parking garage

June 14, 2024

Will Used Car Prices Drop in 2024?

During the COVID-19 pandemic, used car prices skyrocketed, and if you deal in used cars, you may have enjoyed the shift. But is that price shift here to stay, or are used car prices dropping significantly sometime soon?

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In the Passenger's Seat with Doug Hadden from ACV Auctions

June 3, 2024

In the Passenger's Seat with Doug Hadden from ACV Auctions

ACV’s Matt Mitteldorfer puts a new guest in the passenger seat each episode to discuss what they are seeing in the automotive industry. This episode he meets with Doug Hadden from ACV Auctions to discuss all the features ACV offers dealers to level up their wholesale strategy.

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A truck driver holds onto the steering wheel.

June 3, 2024

How to Get Your MC Authority

This article will cover everything you need to know about MC authority, including what it is, who needs it, and how to obtain it.

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A Hot Shot Trucker drives on an open road

June 3, 2024

Hot Shot Trucking Insurance: The Basics

Hot shot trucking insurance is essential for maintaining legal compliance on the road. It's important to protect yourself against unexpected emergencies or accidents and to ensure the safety of your clients.

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