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A lot has changed in the time since Gerald Ford was president and Steve Jobs and Steve Wozniak founded Apple. But here’s something that hasn’t changed much: the pace at which car insurance rates are rising.
Premium increases for new and renewing customers during 2023 totaled $1.25 billion, a consumer group found, with State Farm and Allstate raising rates by the largest amount.
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If you’re one of many people reeling at how quickly your insurance bills are rising, don’t just blame inflation—blame climate change.
Escalating costs are driving up auto insurance premiums in Nevada and across the country.
Insurance claims inflation rose faster than the underlying consumer price index, according to the American Property Casualty Insurance Association.