Owning a car is expensive, and it's not just the cost of the vehicle or repairing its parts that add up. Premiums increased by more than 50% between February 2020 and 2025, prompting some car owners ...
The cost of car maintenance and repairs hit more than $440 a month in January 2026, according to the Federal Reserve of St. Louis, up from $300 in 2020. An extended car warranty, also known as a ...
Marianne Bonner, CPCU, ARM, covers business insurance topics for Investopedia, building on 30 years of experience working in the insurance industry. She has written extensively for The Risk Report, ...