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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 ...
Between February 2023 and February 2024, car insurance costs went up by 21%. So for example, a car insurance premium that cost $300 per month in February 2023 might cost $363 per month one year later.
But American drivers have a new budget-buster to deal with: soaring car-insurance costs. Car insurance costs were 20.3% higher in December than they were a year earlier, with the average annual ...
Another big reason why car insurance is expensive is the age of the driver. ... $2,195 per year. Age 65: $1,979 per year. The cost of car insurance for teen drivers can be a massive expense ...
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.
According to the Bureau of Labor Statistics, auto insurance premiums in 2024 have increased by a whopping 20.6% year-over-year. That's right, your car insurance is now more expensive than that ...
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