America’s car insurance crisis is getting worse

2 comments

1. By Giulia Carbonaro – US News Reporter:

   Drivers across the U.S. are struggling with the growing cost of car insurance, which rose 2.6 percent in March from February and 22.2 percent from a year earlier, according to the latest data on inflation shared by the Labor Department.

   In the same month, consumer prices climbed 0.4 percent compared to February, with inflation rising by a stronger-than-expected 3.5 percent. Shannon Martin, a licensed insurance agent and Bankrate analyst, told Newsweek that skyrocketing car insurance premiums might have something to do with rising inflation.

   Read more: [https://www.newsweek.com/america-car-insurance-crisis-getting-worse-1894501](https://www.newsweek.com/america-car-insurance-crisis-getting-worse-1894501)

2. Yeah this one is getting old.

   Wtf are my rated going up on depreciating assets?

   I haven’t bought a new vehicle in years.  They are losing value daily and I have no claims.

   Between showing less risk, having less value to cover.  Should be easier.