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CONGRESSWOMAN LEE, EXPERTS DISCUSS NEVADANS' RISING AUTO INSURANCE PREMIUMS, HOW TO LOWER COSTS

The following information was released by the office of Nevada Rep. Susie Lee : Today, Congresswoman Susie Lee (NV-03) joined the Nevada Division of Insurance, Nevada Property and Casualty insurance brokers, and industry professionals to discuss the challenges facing the insurance market and the impact on Nevada consumers. "Now, even owning a car is unaffordable for many Nevadans. On top of skyrocketing gas prices and repair costs due to Trump's war and tariffs, Nevadans have the highest full car insurance rates in the country," said Congresswoman Susie Lee. "This conversation with brokers and business owners was important to understand what is driving up prices. After bringing home over $7 million to make streets in southern Nevada safer, I'll continue to work with anyone to find solutions so people aren't breaking the bank just to get their car insured." Nevada has the highest average car insurance rates in the country, where drivers pay about $355 a month on average, roughly 61% higher than the national average. More than 600,000 Nevadans will see their auto insurance go up this year, with major insurers such as Allstate, State Farm and Geico all raising rates. Higher vehicle prices and increased repair costs due to tariffs, rising vehicle thefts, auto insurance fraud cases, and poor driving habits are key drivers. To help reduce car crashes and fatalities, Congresswoman Lee has secured over $7 million in traffic safety funding for southern Nevada. This year, she is requesting $7.5 million in additional funding to help keep southern Nevada drivers, cyclists, and pedestrians safe. The post CONGRESSWOMAN LEE, EXPERTS DISCUSS NEVADANS' RISING AUTO INSURANCE PREMIUMS, HOW TO LOWER COSTS appeared first on Insurance News | InsuranceNewsNet.