Rising auto insurance premiums have been a notable driver of inflation in the past several months. In April, motor vehicle insurance jumped 22.6% from a year earlier, the largest increase since 1979, ...
NEW YORK — Relentlessly rising auto insurance rates are squeezing car owners and stoking inflation. Auto insurance rates rose 2.6% in March and are up 22% from a year ago. Premium costs have been ...
The legacy of Michigan’s 1973 no-fault auto insurance law is the root cause of the auto insurance crisis the state has spent ...
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 ...
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 ...
Surging auto insurance premiums are stoking inflation and keeping the financial pressure on millions of Americans nationwide. Consumer prices rose 0.3% in April from the previous month, slightly lower ...
Inflation is cooling after a hot start to 2024, but it's still higher than policymakers would like. One culprit: The cost of auto insurance. Consumer Price Index data released Wednesday showed U.S.
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.
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 ...
Inflation is cooling after a hot start to 2024, but it’s still higher than policymakers would like, leading Federal Reserve officials to pledge Wednesday to hold off longer on easing interest rates.
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