37% increase in auto insurance rates over the past few years.
An extraordinary collision of events spurred an increase in auto and home insurance premiums, with auto among the fastest rising prices over the past year. Many factors have conspired to push up costs, including employees returning to the office, hitting the road more for vacations and an accelerated rate of vehicular accidents — resulting in higher claims.
While there is no quick fix solution to reduce auto and home premiums, employers must modernize their voluntary benefits offerings to respond to employees' current and future needs. Learn how lifestyle solutions provide employees with access to products and services to help improve them mentally, physically and financially.