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

A car dealer is reviewing is Facebook Ad on his phone

January 30, 2024

A Guide for Facebook Ads for Car Dealers

We’ve created this guide to help you get started and we’ll cover why Facebook Ads are helpful, the various types, and best practices to keep in mind when you launch a campaign.

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In the Passenger's Seat with Mike Waterman (NADA Special Episode!) from ACV Auctions

January 29, 2024

In the Passenger's Seat with Mike Waterman (NADA Special Episode!) 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 Mike Waterman from ACV.

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In the Passenger's Seat with Dr. Phil Schneider from ACV Auctions

January 25, 2024

In the Passenger's Seat with Dr. Phil Schneider 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 Dr. Phil Schneider from ACV.

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January 23, 2024

What You Need to Know About Garage Liability Insurance

If you are considering opening a car dealership and looking at getting coverage for all of your insurance needs, you might be wondering what’s garage liability insurance? In this article, we will break down what it is, who it’s for, and what it does and does not cover.

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