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News@lemmy.world · 10 months ago

Why auto insurance costs are rising at the fastest rate in 47 years, over 20% increase from the prior year

finance.yahoo.com

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Why auto insurance costs are rising at the fastest rate in 47 years, over 20% increase from the prior year

finance.yahoo.com

return2ozma@lemmy.world to

News@lemmy.world · 10 months ago

Why auto insurance costs are rising at the fastest rate in 47 years

finance.yahoo.com

While car prices dip lower and gradually come back down to pre-pandemic levels, more Americans are still feeling the financial pinch from car ownership — because of insurance.

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Moobythegoldensock@lemm.ee
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10 months ago
TL;DR: A bunch of dumbasses forgot how to drive during the pandemic, so now accidents are up and so is insurance.
- lagomorphlecture@lemm.ee
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  Also we have to drive massive and super expensive cars so accidents are worse and more expensive.

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