I was perusing the BLS data following the inflation release last week and one number sticks out like Victor Wembanyana standing next to a group of kindergartners. Auto insurance was up 22% over the previous 12 months versus an overall inflation rate of 3.5%. Look at the change in auto insurance rates these past few years: It’s like a meme stock. Since the start of 2020, auto insurance has spiked 46% against an over...

source: https://awealthofcommonsense.com/2024/04/is-auto-insurance-becoming-a-crisis/