Comment on Why car insurance prices are rising so much even though inflation is cooling

Why car insurance prices are rising so much even though inflation is cooling

By Isabel Contreras, NerdWallet 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 and services have started to stabilize: Year-over-year inflation stood at 2.7% in November, a dramatic difference from the peak of more than 9% during the summer of 2022.

 

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