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News / Economics News /

Professor Terence Agbeyegbe Featured on WalletHub

January 19, 2023
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Professor Terence D. Agbeyegbe was featured in WalletHub’s piece about Cheap Car Insurance Study. Professor Agbeyegbe is an expert and shares his knowledge on car insurance varying state to state and why it is risker to drive in some states than others. He also gives his opinion on inexpensive car insurance. You can check out the article here.

Terence D. Agbeyegbe. Phd., Professor of Economics. Hunter College – City University of New York. Question: Why do car insurance rates (and providers) vary so much from state to state? Answer: This is a complex issue with multiple factors at play. Each state has regulations and laws that insurance companies must follow , as well as different population densities, weather conditions, and claims filed. These factors and the cost of living in specific ways can contribute to the variation in car insurance rates and

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