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OUR LOCATIONS

Edmar Insurance
Riverside North (R1)
3827 Jurupa Ave Riverside, CA 92506
951-686-6972 or Text
r1@edmarinsurance.com

Riverside North Office Hours

Monday ~ Friday

10:00 AM - 6:00 PM

Saturday

10:00 AM - 2:00 PM

Sunday

Closed

Edmar Insurance
Riverside South (R2)
18590 Van Buren Blvd Riverside, CA 92508
951-465-7800 or Text
r2@edmarinsurance.com

Riverside South Office Hours

Monday ~ Friday

10:00 AM - 6:00 PM

Saturday​ _ Sunday

Closed

Edmar Insurance
Merced North (M3)
1277 V St Merced, CA 95341
209-390-4052 or Text
m1@edmarinsurance.com

Merced North Office Hours

Monday ~ Friday

10:00 AM - 6:00 PM

Saturday

10:00 AM - 2:00 PM

Sunday

Closed

Edmar Insurance Services
Atwater (AT)
1357 North Winton Way Atwater, CA 95301
at@edmarinsurance.com

Atwater Office Hours

Monday ~ Friday

10:00 AM - 6:00 PM

Saturday

10:00 AM - 2:00 PM

Sunday

Closed

Edmar Insurance – Temporarily Closed
Merced South (M1)
1236 W 13th St Merced, CA 95341

209-580-6557 or Text
m3@edmarinsurance.com

This office is temporarily closed.
please see M3 Office for service.
M3 is locate 1.5 blocks North form M1

Merced South Office Hours

Monday ~ Friday

Closed

Saturday​ & Sunday

Closed

Current Auto Insurance news for Nov 14th 2023

The U.S. auto insurance market is currently navigating various difficulties, as underscored by 2023’s trends and research. The main aspects are:

Market Struggles: Several challenges are impacting the U.S. auto insurance sector, including a rise in severe weather occurrences, labor deficits, and inflation.

Escalating Rates: A notable number of U.S. auto insurance customers are experiencing rate hikes. In 2023, about 31% of them have seen an increase, with the industry average rate escalation at 15.5%. This surge is linked to insurers dealing with unprecedented high loss ratios, where they lost an average of 12 cents for every premium dollar in 2022, marking a two-decade low in performance.

Widespread Premium Rate Uptick: Private auto insurers across the U.S. have increased their premiums, noting an 11% rise up to August 2023. This increase is partially to make up for traditionally weak underwriting outcomes. Additionally, these rate hikes vary considerably by state.

Rising Interest in Auto Insurance: The rate of shopping for auto insurance rose by 12% year-over-year in the second quarter of 2023. This uptick is influenced by more vehicle purchases and the quest for more affordable insurance rates.

Insurers’ Financial Outcomes: Rate increases haven’t necessarily translated to higher profits for insurers. For instance, Progressive’s results in July 2023 revealed a year-to-date combined ratio of 97.6, a slight improvement from 99.1 in the first half of the year, indicating a tough financial scenario for insurance companies.

These trends indicate a fluid and complex situation for both consumers and providers in the American auto insurance market.

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Lines From Space

we have found out that the Calfornia DMV website dues not have correct Times listed at there offices. and due to the large number of

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