Cannabis & Car Insurance: Ruining a Good Buzz

By Rob Postuma on Aug 9, 2018 10:43:43 AM

Will the legalization of cannabis have any impact on car insurance? It's a weird thing to ask, but consider that in states where it has been legalized that insurance claims involving traffic collisions have gone up 3% while at the same time the average premium hike was 3.2% (rather than the average 1.6% in states where it wasn't legalized). It would seem that bump in premiums is due to something. Coincidence?

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