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Illinois auto insurance rates rise with inflation; how to find offers, discounts and quotes for cheap insurance
CHICAGO (WLS) — Your car insurance bill could be higher recently, with some consumers paying as much as 30% more. “Any extra money especially when I’m not working right now is really, really challenging,” said Chicagoan Christina Byrnes. Drivers like her are trying to put the brakes on rising car insurance rates. “There are still…
Understanding the Factors That Influence Your Car Insurance Rates
Understanding the Factors That Influence Your Car Insurance Rates
The cost of auto insurance has increased dramatically every month this year
The BLS has car insurance data but it is not seasonally adjusted. Nevertheless, let’s take a look at what’s going on. CPI data from BLS, calculation and chart by Mish CPI Car Insurance Percentage Change from Year Ago Over the past year, the cost of car insurance is up 8.72 per cent and rising fast….
Inflation affects car insurance rates
Posted: April 14, 2022 at 12:36 PM CDT | Updated: 15 hours ago MEMPHIS, Tenn. (WMC) – Inflation has an impact on all aspects of life, including rising car insurance rates. Rod Griffin, Senior Director of Consumer Education at Experian, joined Action News 5’s Amanda Hanson at the digital desk to talk about what drives…