Jan. 15, 2024

Why Your Car Insurance Bill Keeps Growing and the Role of Recycled Parts

Why Your Car Insurance Bill Keeps Growing and the Role of Recycled Parts
The player is loading ...
Why Your Car Insurance Bill Keeps Growing and the Role of Recycled Parts
Why Your Car Insurance Bill Keeps Growing and the Role of Recycled Parts
00:00
00:00
00:00
Apple Podcasts podcast player badge
Spotify podcast player badge
Amazon Music podcast player badge
iHeartRadio podcast player badge
TuneIn podcast player badge
Podcast Addict podcast player badge
Apple Podcasts podcast player icon Spotify podcast player icon Amazon Music podcast player icon iHeartRadio podcast player icon TuneIn podcast player icon Podcast Addict podcast player icon
Season 2024
Join us as we peel back the layers on the ballooning costs of car insurance with Divya Sangam from Lending Tree. With an eye-opening average rate increase of 12.6% sweeping the nation, we uncover some of the factors driving this inflation—from escalating claim costs and the impact of climate disasters to the spike in catalytic converter thefts. You'll learn why the expected pandemic savings never materialized in consumers' wallets and how state insurance boards are entangled with inflation in greenlighting these rate hikes. It's a deep dive into the financial squeeze on American drivers, and a look at an industry grappling with change.

We shift into the world of used auto parts, weighing the savings against the risks. We scrutinize whether a second-hand catalytic converter or an ADAS unit is a gamble worth taking, and discuss how companies like LKQ are transforming the market. But what does this mean for your insurance policy? We dissect the relationship between aftermarket parts, potential theft, and the premiums you pay. And as we round the final corner, we'll glance at the latest in automotive news, from a slew of recalls to Tesla's driving range adjustments, Fisker's new sales approach, and the current swell in new car inventories. 

Lupe Tortilla, sponsor Tailpipes & Tacos
Lupe Tortilla in Katy, Texas, is host to the quarterly Saturday morning cruise-in!

Sponsored by Gulf Coast Auto Shield
Paint protection and more!

Disclaimer: This post contains affiliate links. If you make a purchase, I may receive a commission at no extra cost to you.

---- -----
Want more In Wheel Time Car Talk any time?

In Wheel Time Car Talk is now available on iHeartRadio!

Just go to iheartradio.com/InWheelTimeCarTalk where ever you are.
----- -----
Be sure to subscribe on your favorite podcast provider for the next episode of In Wheel Time Car Talk and check out our live broadcast every Saturday, 8a-11aCT simulcasting on iHeartRadio, YouTube, Facebook, Twitter, Twitch and InWheelTime.com.

In Wheel Time Car Talk podcast can be heard on you mobile device from providers such as:

Apple Podcasts, Pandora Podcast, Amazon Music Podcast, Spotify, Google Podcasts, iHeartRadio podcast, TuneIn + Alexa, Podcast Addict, Castro, Castbox and more on your mobile device.

Follow InWheelTime.com for the latest updates!

Twitter: https://twitter.com/InWheelTime

Instagram: https://www.instagram.com/inwheeltime/

https://www.iheart.com/live/in-wheel-time-car-talk-9327/

https://www.youtube.com/inwheeltime

https://www.Facebook.com/InWheelTime

For more information about In Wheel Time Car Talk, email us at

info@inwheeltime.com

Tags: In Wheel Time, automotive car talk show, car talk, Live car talk show, In Wheel Time Car Talk




InWheelTime.com/InWheelTimeCarTalk.com available on iHeartRadio, Facebook, Twitter, Twitch and most podcast providers.

00:01 - Reasons Behind Auto Insurance Increases

08:34 - Used Auto Parts and Insurance Costs

20:44 - Recalls, Tesla, Fisker, and Inventory Levels