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 ...

Morgan Stanley analysts expect auto insurance inflation to decelerate at the start of the second half of the year. MS economists are projecting auto insurance CPI to be 14% by the end of the year, ...

May’s CPI report revealed a surprising decrease in the cost of motor vehicle insurance. But families across the nation continue to feel the brunt of inflation, particularly when it comes to ...

The cost of owning a car isn’t getting any cheaper for Americans. The latest data revealed that used car prices and auto insurance were among the categories that showed an uptick in costs to kick off ...

Higher costs of groceries, car insurance, clothing and plane tickets were among the biggest sources of inflation in September. Food prices jumped 0.4% to mark the biggest increase since January. They ...

After a surprising jump in March, the pace of price gains for auto insurance showed some signs of easing in April. The CPI’s motor vehicle insurance index rose 1.8% in April, a slowdown from the 2.6% ...

Average car insurance costs have increased 20% year over year, according to recent data from the United States Bureau of Labor and Statistics. Increased vehicle thefts and severe weather events ...

The cost of driving continues to increase, leaving many consumers seeking relief from soaring car insurance prices, which have gone up by over 30 percent since 2023, according to the Bureau of Labor ...

Car insurance premiums are going up across the U.S. This trend is being driven by the rising cost of vehicle repairs and replacements, along with car thefts and risks from severe weather. In a 2024 ...