What’s behind the rapid increase in car insurance rates
WEBMar 13, 2024 — Car insurance rates are up almost 21% for the 12 months ended in February, according to new Consumer Price Index data released Tuesday. The last time car insurance rates rose that much on an...
How Hard Is It to Shop Around for Cheaper Car Insurance? Very.
WEB2 days ago — When our latest car insurance premium notices landed, we were shocked: Tara’s premiums had risen more than 62 percent to $2,315 since late 2020. Ron, with a car that is three years younger than ...
Why car insurance is still so expensive even as car prices are ... - CNN
WEBAug 14, 2024 — Car insurance rates are up 18.6% for the 12 months ended in July, according to Consumer Price Index data released Wednesday. That marked the third-largest jump in prices over the past year...
Why Is Car Insurance So Expensive? - The New York Times
WEBMay 15, 2024 — Car insurers are still raising prices steeply: The price of motor vehicle insurance rose more than 22 percent in the year through April, the fastest pace since the 1970s, according to a report...
Auto insurance rates are jumping the most since the 1970s ... - NBC News
WEBMay 23, 2024, 2:03 PM PDT / Source: CNBC. By Jeff Cox, CNBC. Soaring auto insurance costs have been a principle driver behind inflation over the past year, but there could be relief on the way ...
Car insurance rates just had their biggest annual jump in 47 years ...
WEBSep 13, 2023 — Across the United States, the cost of car insurance is up 19% compared to a year ago, according to August’s Consumer Price Index report released on Wednesday. That’s the biggest annual increase...
Why are auto insurance premiums so high? Blame inflation and ... - NBC News
WEBAuto insurance costs were a major reason. Drivers in the U.S. are now paying nearly $200 a month on average for full coverage. Traffic on Interstate 405 in Los Angeles on April 2.
Car insurance rates could jump 50% in 3 states this year ... - CBS News
WEBAug 20, 2024 — There's some bad news ahead for the nation's car owners, with a new report forecasting that auto insurance — one of the biggest drivers of inflation this year — will continue to rise in...
Car Insurance Rates Up 22.6% Year Over Year; 28th Straight
WEBMay 15, 2024 — Car insurance premiums continued to climb in April, rising 22.6% over the past year, according to the latest Consumer Price Index from the U.S. Bureau of Labor Statistics.
4 reasons why your car insurance premium is soaring : NPR
WEBSep 13, 2023 — The cost of car insurance has jumped more than 19% in the last year, far outpacing overall inflation. There are several reasons why that's happening.