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Nobody has a crystal ball that can predict auto insurance rates. After all, few experts thought at the start of 2023 that we were set for a 50%-plus spike in just two years.
Auto insurance rates have been soaring for years, and 2024 was no different.. Insurify reported this week that the price of car insurance premiums climbed 15% last year, with American drivers now ...
In the CPI calculation, auto insurance has a weighting of nearly 3%, so it’s a significant component. The recent trends probably do not “mean that your premium will fall, but we think the rate ...
According to Wednesday's CPI reading, the cost of car insurance is up 22.6% during the past year, the biggest jump by far across the 28 major spending categories Yahoo Finance has been tracking ...
Drivers could continue to see higher car insurance rates in 2024, with the average U.S. rate projected to jump 22% this year. ... events are driving up auto insurance premiums," Insurify said in ...
The national average cost of full coverage car insurance climbed 26 percent from 2023 to 2024, leaving many drivers wondering why coverage has gotten so expensive.
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