Why car insurance prices keep rising, and what drivers can do
Auto insurance is getting more expensive, but understanding what's driving the costs higher could help you save.
Car insurance premiums have been steadily increasing over the past few years, causing concern among many drivers. Inflation and rising costs for vehicle repairs, medical expenses, and liability claims have contributed to the steep price hikes. Additionally, severe weather events and vehicle theft rates are putting more strain on insurers, leading to further premium increases. While some of these factors may be beyond a driver's control, there are steps they can take to mitigate the impact of rising car insurance costs.
Written by urgent.news from CBS News's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
