Soaring insurance premiums, particularly for autos, are fueling rising consumer prices and complicating policymakers’ attempts to beat back inflation. Inflation cooled for much of the year before ...

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 ...

Auto insurance rates have doubled in the last 10 years, according to the latest Consumer Price Index data and it’s outpacing inflation, putting an added financial strain on many Americans. It seems ...

Housing and insurance costs remain stubbornly high, keeping monthly bills elevated even as overall inflation cools. Food ...

New inflation numbers released Wednesday by the U.S. Bureau of Labor Statistics showed the price of car insurance is up 18.5% compared to a year ago and 75% since the COVID-19 pandemic in 2020. That ...

Inflation cooled slightly in February, but motor vehicle insurance inflation remains stubbornly high. According to the latest Bureau of Labor Statistics’ Consumer Price Index (CPI) report, the current ...

Economists are busy hunting for signs of tariff-induced price hikes in the monthly inflation data. They may be overlooking some good news, which is that a surge in the cost of car insurance is finally ...

Insurance costs in the United States have skyrocketed, rising over 20% in the past year, significantly outpacing the national inflation rate of about 3%. This surge is forcing many families to make ...

Elizabeth Guevara is a personal finance reporter who explains the world of business and economics and how it impacts your finances. She joined Investopedia in 2024. Theodore Parisienne for NY Daily ...