Nearly 40 Percent of Americans Pay for Car Repairs out of Pocket as Insurance Rates Spike: Survey

Insurance in some states is projected to rise by more than 50 percent this year.

A police officer investigates the scene of a crash in Akron, Ohio, on Oct. 6, 2022. Phil Masturzo/Akron Beacon Journal via AP

Nearly four out of 10 insured drivers do not use their insurance coverage for reimbursing accident expenses, a survey by LendingTree has found.

“Among insured drivers in an accident or incident, 39 percent have bypassed their auto insurance for repairs,” the Aug. 19 report states.