Your current location:HOME >entertainment >Surging auto insurance rates squeeze drivers, fuel inflation 正文
TIME:2024-05-22 07:38:19 Source: Internet compilationEdit:entertainment
NEW YORK (AP) — Relentlessly rising auto insurance rates are squeezing car owners and stoking inflat
NEW YORK (AP) — Relentlessly rising auto insurance rates are squeezing car owners and stoking inflation.
Auto insurance rates rose 2.6% in March and are up 22% from a year ago. Premium costs have been marching steadily higher since 2022, even as inflation at the consumer level steadily cooled from its 9.1% peak in the middle of that year. Consumers have had some relief as the rate of cost increases for food and energy, two key components of most budgets, has eased greatly.
But auto insurance and car ownership costs have become a sticking point for consumers and the Federal Reserve in its battle to rein inflation back to its goal of 2%.
Typically, individuals would see a noticeable increase in their premiums because of speeding tickets and other moving violations. Adding new drivers or a general increase in claims in the area were other reasons.
No more cute snaps of Mt Fuji. A screen is up in a Japanese town to prevent tourist crowds2024-05-22 07:36
Organs, Federations Provide Judicial Assistance to Women2024-05-22 07:31
Providing Judicial Assistance to Women in Need2024-05-22 07:27
CPPCC Beijing Municipal Committee Convenes Gathering to Mark Int'l Women's Day2024-05-22 07:27
The bodies of 4 men and 2 women were found strangled, piled up in Mexican resort of Acapulco2024-05-22 06:51
Federation Promotes Family Education2024-05-22 06:47
Organizations Aim for Better Protection of Women with Revised Law2024-05-22 06:23
Greater Bay Area Women in Science and Technology Forum Held in Shenzhen2024-05-22 05:30
Turkish Airlines resumes flights to Afghanistan nearly 3 years after the Taliban captured Kabul2024-05-22 05:29
Helping Residents Understand Law2024-05-22 05:25
China sanctions former US lawmaker who supported Taiwan2024-05-22 07:25
ACWF Improves Cadres' Ability to Protect Women, Children's Rights2024-05-22 07:01
Shandong Strengthens Women, Children's Rights2024-05-22 06:52
Helping, Caring for Juvenile Offenders2024-05-22 06:38
UN maritime tribunal says countries are legally required to reduce greenhouse gas pollution2024-05-22 06:34
Federation Improves Women's Rights2024-05-22 06:15
Police Stations Establish Women, Children's Rights2024-05-22 06:15
University Students Provide Voluntary Services in Hometown2024-05-22 05:52
Hometown of Laura Ingalls Wilder set for a growth spurt2024-05-22 05:25
University Students Provide Voluntary Services in Hometown2024-05-22 05:09