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Insurance Premium  Form

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as inflation cools the cost to own a car keeps accelerating new numbers out today show the prices on all items Rose about 3% year-over-year in May but car insurance prices chump to whopping 20% wcco's alen Henry explains what's driving up the cost I think my rates went up about 20% about 6 months ago any good news about inflation is quickly dampened when you ask people about their car insurance premiums have been causing sticker shock to drivers renew their coverage I thought this is too much so I got online with my company and started looking for ways to uh reduce their risk and increase mine Aaron cocking is president of the insurance Federation of Minnesota he says the rate increases being seen now are actually the impact of the last two years of inflation which hit everything auto insurance covers Parts labor even medical bills covered in collisions those were costs that hadn't been factored into insurance rates now that insurers have paid those losses at th

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