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Auto repair costs, while up 3.4% compared to a year ago, have cooled significantly from last July when they were rising at a 12.7% rate annually, according to CPI data. With both those costs ...
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.
New data out on Wednesday from the Bureau of Labor Statistics showed auto insurance costs last month were 22.2% higher than they were a year ago and increased from February's 20.6% year-over-year ...
It may have rebounded to 9.5% in 2023, but that's still below the 11.1% average for the S&P 500 as a whole. So, as aggravating as soaring premiums are for drivers, insurers are largely blameless ...
The insurance company will not pay more than $25,000 for property damage in repairs to the vehicle that the insured one hit. In the state of Indiana, the minimum liability limits are $25,000/$50,000/$10,000, [7] so there is a greater property damage exposure for only carrying the minimum limits.
Why is car insurance still so expensive? Tribune. Emma Nelson, Star Tribune. June 12, 2024 at 4:08 PM. Inflation is cooling after a hot start to 2024, but it's still higher than policymakers would ...
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