Experts Predict How High Car Insurance Costs Will Go in 2024

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Auto insurance premiums have risen faster than nearly every other common consumer cost, and painful price hikes are likely to continue in 2024. The consumer price index (CPI) shows that prices for car insurance are up 20.6% in the past year, far outpacing the overall inflation rate and exceeding the inflation rate for pretty much any other significant spending category.

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Karla Bowsher

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