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According to Wednesday's CPI reading, the cost of car insurance is up 22.6% during the past year, ... “They’re not price gouging,” Patricia Kwan of S&P Global Ratings told Yahoo Finance ...
According to Bankrate’s 2025 True Cost of Auto Insurance report, the average cost of a full coverage car insurance policy went up $625 — or $26 per month — from January 2023 to January 2025 ...
According to MarketWatch, full coverage car insurance for teens is, on average, 206% more expensive than the national average estimate of $1,730, and it can even be up to 485% more expensive than ...
AAA found that financing costs for new car buyers nearly doubled from 2022 to 2023, driven by rising interest rates and a 5% bump in vehicles’ average sticker prices.
Automotive technology investments could drive higher car insurance costs. When car insurance rates spiked in 2021 and 2022, industry insiders pointed to a major culprit with a small stature: the ...
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. ... Car price increases eased ...
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