Soaring insurance premiums, particularly for autos, are fueling rising consumer prices and complicating policymakers’ attempts to beat back inflation. Inflation cooled for much of the year before ...
As drivers across the U.S. renew their auto policies, many are confronting dramatic increases in insurance premiums. In some ...
The past couple of years have been tough on consumers’ wallets. Inflation has affected groceries, gas and lots of other everyday expenses — and auto insurance is no exception. Prices for most goods ...
Kayla Mills spent most of this year driving a Honda HRV, but last month she decided to return the vehicle to the dealership. Her reason? The $520 a month car insurance bill no longer fit her budget.
Auto insurance rates have doubled in the last 10 years, according to the latest Consumer Price Index data and it’s outpacing inflation, putting an added financial strain on many Americans. It seems ...
Inflation cooled slightly in February, but motor vehicle insurance inflation remains stubbornly high. According to the latest Bureau of Labor Statistics’ Consumer Price Index (CPI) report, the current ...
Insurance costs in the United States have skyrocketed, rising over 20% in the past year, significantly outpacing the national inflation rate of about 3%. This surge is forcing many families to make ...
New inflation numbers released Wednesday by the U.S. Bureau of Labor Statistics showed the price of car insurance is up 18.5% compared to a year ago and 75% since the COVID-19 pandemic in 2020. That ...
Insurance costs — for both car and homeowners coverage — are up significantly across the country adding to Americans' financial stresses since the pandemic and ensuing inflation wave. New inflation ...