Community Corner
What's Driving Up Car Insurance Prices?
The cost of covering and replacing cars was also more expensive for insurers as auto thefts in some cities hit new records.
June 13, 2024
MINNEAPOLIS — As inflation cools, the cost of owning a car keeps accelerating.
Find out what's happening in Across Minnesotafor free with the latest updates from Patch.
New numbers out on Wednesday show prices on all items rose about 3% year-over-year last month. But car insurance prices jumped a whopping 20%.
Any good news about inflation is quickly dampened when you ask people about their car insurance. Premiums have been causing sticker shock to drivers renewing their coverage
Find out what's happening in Across Minnesotafor free with the latest updates from Patch.
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